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    Highway 40 Craig, CO 81625

    For Sale
    $55,000

    High-visibility corner lot, C-2 zoning.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    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 Features for Highway 40

    General Information

    Property type
    Other commercial real estate
    Lot Size
    21,780 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Craig
    County
    Moffat
    State
    Colorado
    Longitude
    -107.5944
    Latitude
    40.51403

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility corner lot, C-2 zoning.
    Where is this commercial real estate located?
    The property is located at Highway 40 Craig, CO.
    What is the asking price?
    The asking price for this property is $55,000.
    (970) 824-0223
    Request Owner's contact information
    Highway 40 Craig, CO 81625
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    Craig, CO 81625
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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
    Highway 40 Craig, CO 81625
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