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    251 Hwy Byers, CO 80103

    For Sale
    $100,000

    Prime Byers location, versatile retail space.

    Property size:
    360 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property, situated at 251 W US Highway 40 in Byers, CO, presents a unique investment opportunity. The 360-square-foot main building, previously used as a barber shop, gift store, and art studio, offers endless possibilities for a variety of businesses. Its convenient location near the local school and within a strong community adds significant value. The property includes a well-maintained shop with a single front entrance, and a separate 12' x 16' insulated shed featuring both front and back doors, and a 12' x 6' deck. Both the shop and shed boast insulated walls and ceilings, along with wall heating units and window air conditioning, ensuring year-round comfort. The 0.12-acre lot provides ample space, with potential for expansion or outdoor use. Priced at $100,000, this property offers a chance to own a business and avoid ongoing rent payments. Ideal for a salon, massage studio, boutique, or similar ventures, this property is ready for its next chapter. The property's history of community engagement, from hosting art classes to supporting local artists, speaks to its potential for continued success. This is a rare chance to establish a thriving business in a desirable location.

    Property Features for 251 Hwy

    General Information

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

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Byers
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.227
    Latitude
    39.71175

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    FAQs

    What type of property is this?
    Retail property - Prime Byers location, versatile retail space.
    Where is this retail property located?
    The property is located at 251 Hwy Byers, CO.
    What is the asking price?
    The asking price for this property is $100,000.
    (888) 440-2724
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    251 Hwy Byers, CO 80103
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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
    251 Hwy Byers, CO 80103
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