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    24 5Th St Steamboat Springs, CO 80487

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    For Sale
    $7,495,000

    Prime commercial land with PUD zoning in downtown Steamboat.

    Property size:
    5,137 SF
    Lot size:
    0.36 Acres

    Property Features for 24 5Th St

    General Information

    Size
    5,137 SF
    Lot size
    0.36 Acres

    Source: Steamboat Mountain Real Estate Agent Sue Weber

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

    Overview

    Downtown Commercial Land by Yampa River

    This commercial land is located in downtown Steamboat Springs, along the Yampa River. The property has PUD zoning, allowing for a maximum building height of 48 feet. Development possibilities include a boutique hotel, retail, mixed-use (retail & residential), and office use. An adjoining alley provides flexibility for onsite parking. Ownership includes use rights over the adjacent Plaza area along the Yampa River. Existing leases offer immediate income to offset expenses during redevelopment. The neighboring Riverview residential development is already underway. The property size is 5137 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Steamboat Barbershop Barber Shop ANCHOR BUILDINGS AT RIVERVIEW ... Property Management Company Kolvereid Regina Physical Therapist Foundation Bodywork Massage Therapist Stand Creative Graphic Designer

    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
    -106.8320322
    Latitude
    40.4836459

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial land with PUD zoning in downtown Steamboat.
    Where is this commercial land located?
    The property is located at 24 5Th St Steamboat Springs, CO.
    What is the asking price?
    The asking price for this property is $7,495,000.
    What are key features of this property?
    This property features: - Prime downtown location on the Yampa River, one of the last remaining commercial lots.; - PUD zoning allows for diverse development options: boutique hotel, retail, mixed-use, office.; - Maximum building height of 48 feet allows for significant development potential.
    (970) 846-5803
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    24 5Th St Steamboat Springs, CO 80487
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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
    24 5Th St Steamboat Springs, CO 80487
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