704 Washington St Monument, CO 80132
This exceptional 5-acre commercial land parcel presents a unique investment opportunity in the thriving Monument, Colorado market. Located at 704 Washington Street, this single-tenant property boasts an enviable location with convenient access to Interstate 25, ensuring high visibility and easy accessibility for businesses and employees. The expansive acreage offers significant potential for a variety of commercial developments, catering to diverse business needs. The property's zoning and permitted uses should be independently verified to ensure compatibility with your specific project plans. Situated in the 80132 zip code, this land offers a strategic position within a rapidly growing community, providing access to a robust local economy and a strong workforce. The property's flat topography simplifies development, minimizing site preparation costs and accelerating project timelines. Prospective tenants will appreciate the prime location and the ample space available for construction. This is an exceptional opportunity to acquire a significant commercial land holding in a high-demand area. Detailed site plans and further information regarding utilities and infrastructure are available upon request. Serious inquiries only. Don't miss this chance to secure a prime piece of Colorado commercial real estate. The property is zoned for commercial use
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LI · Monument, COMonument. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.