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    Highway 40 Craig, CO 81625

    For Sale
    $395,000

    1.58 Acres, Hwy 40 Exposure

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 1.58-acre commercial lot presents a remarkable opportunity in Craig, Colorado. Strategically located directly off Highway 40 within city limits, this property boasts unparalleled visibility and accessibility for any business. The expansive, flat terrain offers significant development potential, making it ideal for a wide range of commercial ventures. Its prime location ensures high traffic volume and exposure to a substantial customer base. The lot's significant size allows for ample space for building construction, parking, and landscaping. Existing utilities are conveniently located at the front of the property, simplifying the development process and reducing infrastructure costs. This property is situated adjacent to established businesses, creating a synergistic environment and fostering a sense of community. The possibilities are truly endless, from retail spaces and restaurants to offices and light industrial uses. This is a rare opportunity to acquire a large, highly visible commercial lot in a thriving Colorado community. The asking price is $395,000. Serious inquiries are encouraged to explore the full potential of this exceptional property. Contact us today to schedule a viewing and discuss your development plans.

    Property Features for Highway 40

    General Information

    Property type
    Other commercial real estate
    Lot Size
    68,825 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Craig
    County
    Moffat
    State
    Colorado
    Longitude
    -107.5341
    Latitude
    40.51373

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    FAQs

    What type of property is this?
    Commercial real estate - 1.58 Acres, Hwy 40 Exposure
    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 $395,000.
    (970) 824-7000
    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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