Property summary
This exceptional 0.5-acre commercial lot presents a remarkable development opportunity in Craig, Colorado. Strategically located on Highway 40, this property boasts unparalleled visibility and accessibility, ensuring high traffic exposure for any business venture. The lot is zoned C-2, Community Commercial, offering a diverse range of permitted uses. Potential developers can explore various options, including restaurants, retail establishments, auto sales and rental businesses, and repair shops. A particularly attractive feature is the allowance for multi-family units, opening doors to mixed-use developments. The expansive size of the lot provides ample space for construction and landscaping, allowing for creative design and efficient utilization of the property. Its prime corner location maximizes visibility from Highway 40, guaranteeing significant exposure to a substantial daily traffic flow. This presents a unique chance to establish a thriving business in a dynamic location with considerable growth potential. The asking price of $55,000 makes this an attractive investment for entrepreneurs and developers seeking a high-impact commercial property in a desirable Colorado location. Don't miss this opportunity to secure a prominent piece of Craig's commercial landscape.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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