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12190 W 44th Ave 3,197 SF Retail Building Wheat Ridge, CO 80033 $1,350,000 ($422.27/SF)
Investment Highlights
- Frontage on major thoroughfare (19,000 VPD on W. 44th and 128,400 VPD on I-70); unique, appealing design; ample parking.
Executive Summary
Ideal location near I-70 with great visibility, signage and proximity to major national truck-stop. This is the most active retail submarket in the Denver MSA, according to CoStar. Ample parking. Zoning allows office, general business and retail including drive-through restaurant. City has expressed willingness to accommodate a rezone to residential or other uses, as well. Progressive new City of Wheat Ridge subarea plan promises improved infrastructure and surrounding development on West 44th Ave. Impressive pylon signage.
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2023) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,197 SF
Building Class
B
Year Built
1975
Price
$1,350,000
Price Per SF
$422.27
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.60 AC
Zoning
C-1, Wheatridge - C-1 Commercial, Wheat Ridge
Parking
48 Spaces (15.01 Spaces per 1,000 SF Leased)
Frontage
170’ on W. 44th
Amenities
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 39-201-08-007 | Total Assessment | $169,251 (2024) |
| Land Assessment | $82,392 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $86,859 (2024) | Tax Year | 2023 Payable 2024 |
Property Taxes
Parcel Number
39-201-08-007
Land Assessment
$82,392 (2024)
Improvements Assessment
$86,859 (2024)
Total Assessment
$169,251 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023 Payable 2024
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12190 W 44th Ave
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