Property profile

Highway 40 Craig, CO 81625

OFF-MARKET
Commercial real estate
1.58 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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 profile

Verified
Property type Commercial real estate
Lot 1.58 ac (68,825 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Highway 40 Craig, CO 81625
Craig metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Highway 40?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
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