Property profile

49542 Us Hwy 285 Grant, CO 80448

OFF-MARKET
Turn key restaurants
Property ID
US13-1290090
2,712 SF 0.47 ac lot Built 1942
Individually Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

This 2,712 square foot retail space, situated on a 0.47-acre lot at 49542 US Highway 285 in Grant, Colorado, presents a unique investment opportunity. Located directly on US Hwy 285 in Park County, this property offers stunning mountain views and private S. Platte River access. The versatile space is ideal for various retail uses, from a tavern to a mountain shop. Currently in shell condition and sold AS IS, the property includes a new well (permit # 295206-A) and a new Advantex septic system designed for a 3-bedroom residence, small commercial kitchen with ADA bathroom, and retail space. The septic system comprises a 2-compartment 1000-gallon tank, an existing 1-compartment 500-gallon tank, and leach fields totaling 12x60 and 15x23. Park County's growing popularity ensures both immediate business potential and long-term property appreciation. This log cabin setting offers a blend of commercial viability and Colorado's natural beauty, making it an exceptional opportunity for entrepreneurs and investors seeking a unique business location. The asking price is $429,000.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1942
Total area 2,712 SF
Lot 0.47 ac (20,473 SF)
APN R0018358
UPID US13-1290090

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

49542 Us Hwy 285 Grant, CO 80448-9900
Grant metro Census 200 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2019
6 recorded transactions
2019
Price N/A
2019
$235,000
2013
Price N/A
2013
$77,552
1999
$215,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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