2145 Kipling StLakewood, CO 80215

Property Details for 2145 Kipling St

Year built

1950

Construction

FRAME

Lot size

0.19 AC

Property size (Sq ft)

1,756 SF

Property type

Office properties

Property subtype

Office buildings

APN

39-331-00-023

APU

3933100023

Description

This exceptional 2,311 square foot free-standing office building presents a unique investment opportunity in Lakewood, Colorado. Situated on a 0.19-acre lot at 2145 Kipling Street, this single-tenant property boasts a prime location near the intersection of 21st and Kipling Streets, benefiting from high traffic volume and excellent visibility. Built in 1950, the one-story building is zoned M-E-U and offers significant potential for owner-occupancy or continued leasing. Its strategic location near Crown Hill Lake and the redeveloped Gold's Marketplace ensures consistent foot traffic and a strong customer base. The property's prominent corner location places it within a rapidly developing area, providing an ideal platform for business growth and expansion. The entire 2,311 square feet is currently vacant, allowing for immediate occupancy or customization to suit a variety of business needs. This is an exceptional opportunity to acquire a well-positioned, high-visibility commercial property in a thriving Lakewood neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $322,710

  6.5%

  $297,886

  7%

  $276,608

• Comparable approach

  Method

  Valuation

  Relative Method

  $357,356

  Geo Method

  $145,081

• Alternative Use

  Use

  Valuation

  Residential

  $369,378

  Hospitality

  $338,349

  Educational

  $281,502

  Medical

  $291,183

  Retail

  $437,892

Location Insight

City

Lakewood

County

Jefferson

State

Colorado

Latitude

39.7494

Longitude

-105.11

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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