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
    The Largest CRE Database in the US with Over 1 Million Listings

    320 S Lincoln Ave Steamboat Springs, CO 80487

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Redevelopment opportunity at 3rd and Lincoln in Downtown Steamboat.

    Lot size:
    2.08 Acres

    Property Features for 320 S Lincoln Ave

    General Information

    Lot size
    2.08 Acres

    We can help!

    Listing Contact
    Scott Steputis
    Source: Moodyscre

    Listing Agent: Scott Steputis

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

    Learn more

    Overview

    Redevelopment Opportunity Downtown Steamboat Springs

    This property presents a redevelopment opportunity at the intersection of 3rd and Lincoln in Downtown Steamboat Springs. It is classified as retail and other retail property.
    Location Intelligence

    Current Use by Public Records

    Wells Fargo Bank Bank Randy W. Klauzer Attorney Hammond Law Offices Attorney Klauzer & Tremaine, LLC Law Firm Wells Fargo Home ... Mortgage Lender

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Steamboat Springs
    County
    Routt
    State
    Colorado
    Longitude
    -106.8295931
    Latitude
    40.4833687

    Nearby Similar for Sale

    • $3,800,000
      0.43 Acres

      Turnkey Restaurant on Yampa Street

      Fully equipped fine dining restaurant in downtown Steamboat Springs.
      910 Yampa St, Steamboat Springs, CO 80487
      View Details
    • Contact for pricing
      0.11 Acres

      Steamboat Springs Medical/Professional Office Space

      Functional office space in a serene, accessible Steamboat Springs location.
      505 Anglers Dr, Steamboat Springs, CO 80487
      View Details
    • $565,000
      0.48 Acres

      Industrial Warehouse Space Near Downtown

      Premier industrial warehouse space minutes from downtown Steamboat Springs, Colorado.
      1700 Copper Ridge Spur, Steamboat Springs, CO 80487
      View Details
    • $1,100,000

      Commercial Suite in Downtown Steamboat

      Single-level commercial suite with potential for various business uses.
      942 Oak St, Steamboat Springs, CO 80487
      View Details
    • Contact for pricing

      Restaurant Space in Growing Area

      Modern restaurant space with patio in Steamboat Springs growth corridor.
      1901 Curve Plz, Steamboat Springs, CO 80487
      View Details
    • Contact for pricing
      0.08 Acres

      Updated Office Space in Steamboat

      Move-in-ready office space with modern amenities and high visibility.
      625 S Lincoln Ave, Steamboat Springs, CO 80487
      View Details
    • $210,000
      0.13 Acres

      Steamboat Springs Professional Office Space

      Bright office space with views, shared amenities, and easy parking.
      2507 Riverside Dr, Steamboat Springs, CO 80487
      View Details
    • $2,800,000
      0.43 Acres

      Yampa Street Commercial Space For Sale

      Commercial space in downtown Steamboat Springs, suitable for various uses.
      910 Yampa St, Steamboat Springs, CO 80487
      View Details
    • $4,675,000

      Steamboat Springs Commercial Opportunity

      Multi-use building on 2.16 acres with highway frontage.
      1707 Lincoln Ave, Steamboat Springs, CO 80487
      View Details
    • $1,250,000
      1,208 SF

      Remodeled Corner Unit with Mountain Views

      Luxurious, fully furnished condo with ski slope views and amenities.
      1720 Ranch Rd, Steamboat Springs, CO 80487
      View Details
    • $1,345,000

      Prime Downtown Steamboat Office Suite

      Executive office suite in iconic building, adaptable for various uses.
      35 5Th St, Steamboat Springs, CO 80487
      View Details
    • $16,000,000
      8,674 SF

      Luxury Slopeside Condominium

      Luxury condominium near completion with ski access and mountain views.
      1855 Burgess Crk Rd #3, Steamboat Springs, CO 80487
      View Details

    FAQs

    What type of property is this?
    Retail property - Redevelopment opportunity at 3rd and Lincoln in Downtown Steamboat.
    Where is this retail property located?
    The property is located at 320 S Lincoln Ave Steamboat Springs, CO.
    What are key features of this property?
    This property features: - Redevelopment opportunity; - Located at 3rd and Lincoln; - Prime Downtown Steamboat Springs location
    (303) 398-2111
    Request Owner's contact information
    320 S Lincoln Ave Steamboat Springs, CO 80487
    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.
    320 S Lincoln Ave
    Steamboat Springs, CO 80487
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    320 S Lincoln Ave Steamboat Springs, CO 80487
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Scott Steputis
    Real Estate License ID: EA.001320498
    (303) 398-2111
    Learn more
    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.