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    520 Zerex St Fraser, CO 80442

    For Sale
    $2,000,000

    US Post Office & Mechanic Shop - High-Density Area

    Property size:
    6,120 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional investment opportunity presents a 6,120 square foot office building situated on a 0.66-acre corner lot in the vibrant Riverwalk District of Fraser, Colorado. The property boasts a highly desirable location on US Highway 40, ensuring excellent visibility and accessibility. The building's current tenants include the United States Post Office, providing a stable and reliable income stream, and an automotive mechanic shop, adding to the property's diverse revenue potential. The Riverwalk District is known for its high density, walkable environment, and mixed-use development, creating a thriving commercial atmosphere. This prime location offers significant advantages for both current and future tenants, attracting a wide range of businesses and customers. The property's strategic placement on a corner lot provides ample space and easy access for both vehicular and pedestrian traffic. This presents a rare chance to acquire a well-established, income-generating property in a rapidly growing area. The building's size and layout are well-suited for a variety of commercial uses, offering flexibility for future development and expansion. The asking price for this exceptional investment opportunity is $2,000,000. This represents a strong return on investment given the current tenant occupancy and the property's prime location within a thriving commercial district. Don't miss this chance to secure a valuable asset in the heart of Fraser, Colorado.

    Property Features for 520 Zerex St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    6,120 SF
    Lot Size
    28,750 SF

    Building Details

    Year Built
    1983
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Fraser
    County
    Grand
    State
    Colorado
    Longitude
    -105.8167
    Latitude
    39.94937

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    FAQs

    What type of property is this?
    Office Property / Space - US Post Office & Mechanic Shop - High-Density Area
    Where is this office property / space located?
    The property is located at 520 Zerex St Fraser, CO.
    What is the asking price?
    The asking price for this property is $2,000,000.
    (888) 440-2724
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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
    520 Zerex St Fraser, CO 80442
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