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    501 Us Highway 285 Fairplay, CO 80440

    For Sale
    $649,000

    High-traffic location, versatile spaces. Great investment!

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional commercial property, situated on a prominent 0.16-acre lot at 501 US Highway 285 in downtown Fairplay, Colorado, presents a prime investment opportunity. The property boasts a total of 3,500 square feet of versatile space, ideally suited for a variety of commercial uses. The layout includes two separate office/retail/showroom spaces, each measuring 500 square feet and equipped with a handicapped-accessible bathroom. These spaces are perfect for businesses requiring client interaction and display areas. In addition, a substantial 2,500-square-foot manufacturing/warehouse space offers ample room for storage, production, or light industrial operations. This area features convenient overhead doors, 220-volt power, and efficient ventilation systems. Plumbing is already in place for a third bathroom, adding to the property's functionality. The warehouse space also offers the potential for division into two separate units, providing increased flexibility for future tenants or expansion. The property benefits from tremendous highway exposure, ensuring high visibility and accessibility for customers. Furthermore, the Colorado Department of Transportation (CDOT) is currently installing sidewalks directly in front of the property, enhancing pedestrian access and further improving its appeal. This well-maintained property represents a rare opportunity to acquire a versatile and strategically located commercial space in the thriving town of Fairplay.

    Property Features for 501 Us Highway 285

    General Information

    Property type
    Other commercial real estate
    Lot Size
    6,970 SF

    Building Details

    Year Built
    2004
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    South Park Beauty ... Beauty Salon T Scholl Fine ... Cabinet Maker

    Map

    City
    Fairplay
    County
    Park
    State
    Colorado
    Longitude
    -105.9918
    Latitude
    39.22323

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, versatile spaces. Great investment!
    Where is this commercial real estate located?
    The property is located at 501 Us Highway 285 Fairplay, CO.
    What is the asking price?
    The asking price for this property is $649,000.
    (970) 453-0300
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    501 Us Highway 285 Fairplay, CO 80440
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    Fairplay, CO 80440
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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
    501 Us Highway 285 Fairplay, CO 80440
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