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    7935 24 Hwy Cascade, CO 80809

    For Sale
    $365,000

    High-traffic Hwy 24 location, established business.

    Property size:
    1,020 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 1,020 square foot retail property, situated on a 0.12-acre lot at 7935 W 24 Highway in Cascade, Colorado, presents a unique investment opportunity. Boasting excellent visibility and exposure from Highway 24, this location benefits from an impressive average annual daily traffic count of 26,000 vehicles. Currently occupied by Pikes Peak Gourmet Popcorn, a long-standing business operating successfully since 1999, the property enjoys a prime position as one of the first tourist attractions encountered by locals and visitors entering the Pikes Peak Tollway. Its strategic location ensures high visibility to those ascending towards the renowned Santa's Workshop amusement park and the newly constructed visitor center at the summit of Pikes Peak, "America's Mountain." This presents a compelling opportunity for a new business to capitalize on the substantial tourist traffic and established local clientele. The property's established history and prominent location make it an ideal investment for entrepreneurs seeking a thriving retail space in a high-demand area. The asking price is $365,000. This is a rare chance to acquire a well-positioned retail space with a proven track record in a picturesque and highly trafficked location.

    Property Features for 7935 24 Hwy

    General Information

    Property type
    Retail properties
    Square Feet
    1,020 SF
    Lot Size
    5,227 SF

    Building Details

    Year Built
    1965
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Cascade
    County
    El Paso
    State
    Colorado
    Longitude
    -105.0193
    Latitude
    38.94351

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      Cascade Retail Space - Hwy 24 Exposure

      Prime Retail Location, High Traffic Area
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      View Details

    FAQs

    What type of property is this?
    Retail property - High-traffic Hwy 24 location, established business.
    Where is this retail property located?
    The property is located at 7935 24 Hwy Cascade, CO.
    What is the asking price?
    The asking price for this property is $365,000.
    (719) 687-0900
    Request Owner's contact information
    7935 24 Hwy Cascade, CO 80809
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    Cascade, CO 80809
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7935 24 Hwy Cascade, CO 80809
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