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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Retail space
8810 Colfax Ave, Lakewood, CO 80215-4019
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0440531
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1970
Construction
STEEL FRAME
Total area
2,210 SF
Lot
0.71 ac (30,928 SF)
APN
49-031-02-004
UPID
US13-0440531
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
$465k
Comparable Approach
Comparable
$665k
Blend (final)
Blend
$770k
Owner & transaction history
Lakewood 8810 LLC · 4 yrs held
Lakewood 8810 LLC
since 2021
Last sale
$850,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$885,000
+102.8%
Neighborhood: shopping center
$715,000
+64.4%
Commercial (general)
$715,000
+63.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lakewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$725,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
$505,000
6.5%
$465,000
7%
$430,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$885,000
Change: +103% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$715,000
Change: +64% · Conversion: Moderate
COMMERCIAL (GENERAL)
$715,000
Change: +64% · Conversion: Easy
MEDICAL BUILDING
$670,000
Change: +54% · Conversion: Difficult
Blend value · Realmo final
$770k
Range $693k – $847k · ±10% · vs last sale $850k (Jun 28 2021)
Last sale anchor
$850k
Jun 28 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$348 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,462
Tax year 2023
Assessed value
$193,625
Assessed 2023
Previous assessed
$193,625
+0.0% YoY
Effective rate
9.02%
On assessed value
Assessed land
$126,184
Assessed improvement
$67,441
Land market value
$452,272
Improvement market value
$271,724
Total market value
$723,996
Applied tax rate
7,814.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1970
Construction
STEEL FRAME
Heating
SPACE
Cooling
REFRIGERATOR
Stories
2
Units
1
Total area
2,210 SF
Lot
0.71 ac (30,928 SF)
APN
49-031-02-004
UPID
US13-0440531
Jurisdiction
JEFFERSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$885,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$715,000
COMMERCIAL (GENERAL)
Est. value
$715,000
MEDICAL BUILDING
Est. value
$670,000
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
2
Units
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
Lakewood 8810 LLC
Entity
Mailing address
DENVER, CO 80212
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2022
—
Lakewood 8810 LLC
—
Deed
related
$598,500 · North Valley Bank
Jun 28, 2021
$850,000
Lakewood 8810 LLC
Akers Realty LLC
Special Warranty Deed
$535,000 · Akers Realty LLC
Nov 12, 2015
$412,000
Akers Realty
Mcgirl,linda D & Roy M
Warranty Deed
$309,000 · Bank Of The West
Sep 15, 1998
$220,000
Linda D Mcgirl
Lakewood Medical Center Assoc
Grant Deed
$152,500 · Wells Fargo Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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