Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    580 Russell St Craig, CO 81625

    For Sale
    $75,000

    Downtown Craig Business Opportunity!

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 0.16-acre commercial lot, located at 580 Russell Street in Craig, Colorado, presents a unique investment opportunity. Priced at $75,000, this property boasts an unbeatable location just one block from downtown Craig's vibrant core. Its proximity to Alice Pleasant Park places it at the heart of community events, including Food Truck Festivals, Fall Festivals, Small Business Saturday celebrations, the Ghost Walk, Halloween trick-or-treating, and Oktoberfest. This prime location ensures high visibility and accessibility for any business. A significant advantage is the existing utilities already connected to the lot, eliminating a major hurdle and saving considerable time and expense in the development process. The property's versatility makes it suitable for a wide range of commercial ventures, offering significant potential for growth and return on investment. The thriving downtown area and its regular events guarantee a steady stream of potential customers. Don't miss this chance to establish your business in a dynamic and well-connected location. This property is ready for immediate development, offering a streamlined path to realizing your entrepreneurial vision. Act quickly to secure this exceptional opportunity in the heart of Craig, Colorado.

    Property Features for 580 Russell St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    6,970 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Craig
    County
    Moffat
    State
    Colorado
    Longitude
    -107.5464
    Latitude
    40.51549

    Nearby Similar for Sale

    • $799,000
      8,824 SF

      Established Gym in Craig, Colorado

      Turnkey fitness center with diverse offerings and community integration.
      261 Commerce St, Craig, CO 81625
      View Details
    • $900,000
      4,480 SF

      Established Bar and Grill Opportunity

      Profitable bar/restaurant with house and shop in Craig, Colorado.
      536 E Victory Way, Craig, CO 81625
      View Details
    • $400,000
      1 SF

      Established Bar and Grill Business

      Turnkey bar and grill business opportunity in Craig, Colorado.
      536 E Victory Way, Craig, CO 81625
      View Details
    • $350,000
      2,048 SF

      Highway Frontage Commercial Opportunity

      Well-maintained commercial property with high visibility and multiple office spaces.
      1135 Highway 40 E, Craig, CO 81625
      View Details
    • $275,000
      3,125 SF

      Commercial Building Near Downtown Craig

      Commercial building with income potential near Highway 40.
      101 W Victory Way, Craig, CO 81625
      View Details
    • $469,000
      2,800 SF

      Former Pizza Hut Restaurant

      Commercial building with kitchen, cooler, and salad bar.
      1070 W Victory Way, Craig, CO 81625
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Downtown Craig Business Opportunity!
    Where is this commercial real estate located?
    The property is located at 580 Russell St Craig, CO.
    What is the asking price?
    The asking price for this property is $75,000.
    (970) 824-0223
    Request Owner's contact information
    580 Russell St Craig, CO 81625
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    580 Russell St
    Craig, CO 81625
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    580 Russell St Craig, CO 81625
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.