9500 44Th AveWheat Ridge, CO 80033

Property Details for 9500 44Th Ave

Year built

1984

Construction

STEEL FRAME

Lot size

0.42 AC

Property size (Sq ft)

2,262 SF

Property type

Car washes

APN

39-222-00-020

APU

3922200020

Description

This exceptional 2,262 square foot retail property, located at 9500 W 44th Ave in Wheat Ridge, Colorado (Jefferson County, zip code 80033), presents a compelling investment opportunity. Currently vacant, the property offers significant redevelopment potential or can be repurposed for a variety of uses. Built in 1984, the building sits on a 0.42-acre lot and is zoned C-1, allowing for flexible development options. Previously operating as a car wash, the property boasts high traffic counts, excellent demographics, and strong visibility, making it an attractive location for a range of businesses. The existing infrastructure includes four fully equipped self-service bays, one RV/truck self-service bay, six super-vac cabin vacuums, interior cleaner vending, and bill changers. Permitted uses under the C-1 zoning include, but are not limited to: auto service repair and maintenance (minor), auto parts and supplies, banks, drug stores/pharmacies, sit-down restaurants, drive-thrus (with special permits), floral shops, jewelry stores, liquor stores, medical offices, breweries, and veterinary clinics. The asking price is $990,000. This property is a rare find, offering a blend of existing infrastructure and significant upside for the discerning investor. The property is vacant and ready for immediate occupancy or redevelopment. The APN is 39-222-00-020. This is a gross lease property.

• CAP approach

  CAP return

  Valuation

  6%

  $611,079

  6.5%

  $564,073

  7%

  $523,782

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,160,031

  Geo Method

  $470,954

• Alternative Use

  Use

  Valuation

  Residential

  $475,817

  Hospitality

  $435,846

  Educational

  $362,618

  Medical

  $375,089

  Retail

  $564,073

Location Insight

City

Wheat Ridge

County

Jefferson

State

Colorado

Latitude

39.7778

Longitude

-105.103

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].