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    56640 E Colfax Ave Strasburg, CO 80136

    For Sale
    $900,000

    Centrally located commercial property with leasing potential in Strasburg, CO.

    Property size:
    3,320 SF

    Property Features for 56640 E Colfax Ave

    General Information

    Standard status
    Active
    Size
    3,320 SF

    Building Details

    Year built
    1939

    Source: F & C REALTY COMPANY Agent DANIEL FAHEY

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Property in Strasburg

    This centrally located commercial property is situated on Colfax Avenue in Strasburg. The property features a main building with 3,320 square feet. In addition to the main building, the property includes outbuildings and sheds, offering potential for additional structures on the large lot. Zoned for commercial use, the property accommodates various business types. The prior business operated as a hardware store for over 50 years.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Western Hardware Hardware Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Strasburg
    County
    Adams
    State
    Colorado
    Longitude
    -104.3245256
    Latitude
    39.737901

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    FAQs

    What type of property is this?
    Retail property - Centrally located commercial property with leasing potential in Strasburg, CO.
    Where is this retail property located?
    The property is located at 56640 E Colfax Ave Strasburg, CO.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Best location in Strasburg, centrally located on Colfax Ave.; - Commercial zoning allows for a wide range of business types.; - Excellent leasing potential or opportunity to start a new business.
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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
    56640 E Colfax Ave Strasburg, CO 80136
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