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    625 W Platte Ave Fort Morgan, CO 80701

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    For Sale
    $695,000

    Fully leased retail/office property with salon and spa tenants.

    Property size:
    4,400 SF
    Lot size:
    0.30 Acres

    Property Features for 625 W Platte Ave

    General Information

    Size
    4,400 SF
    Lot size
    0.30 Acres

    Source: Cushman & Wakefield | Fort Collins Agent Travis Ackerman

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

    Overview

    Fully Leased Retail Investment Opportunity

    The property at 625 West Platte Avenue presents a fully leased retail/office investment opportunity. The property consists of three units that are currently leased by salon and spa businesses. The lease terms for these businesses are set to expire in 2025, 2026, and 2028. Situated near the corner of West Platte Avenue and West Street, the location benefits from a walkable environment and an estimated traffic volume of approximately 7,800 vehicles per day. The property has a total size of 4,400 square feet. Located in Fort Morgan, the area provides a hometown atmosphere and a diverse economy.
    Insight Report Location Intelligence

    Current Use by Public Records

    Daylight Donuts Donut Shop Papa Murphy's | Take ... Pizza Restaurant Salon MVP & Boutique Beauty Salon DD Nail Spa ... Nail Salon Skin By Margo Spa

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Morgan
    County
    Morgan
    State
    Colorado
    Longitude
    -103.792635
    Latitude
    40.2543873

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    FAQs

    What type of property is this?
    Retail space - Fully leased retail/office property with salon and spa tenants.
    Where is this retail space located?
    The property is located at 625 W Platte Ave Fort Morgan, CO.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Fully leased property provides immediate income stream.; - Leases in place until 2025, 2026, and 2028 offer stable, predictable returns.; - Located near the corner of W Platte Ave and West St, providing **high visibility**.
    (970) 267-7720
    Request Owner's contact information
    625 W Platte Ave Fort Morgan, CO 80701
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    Fort Morgan, CO 80701
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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
    625 W Platte Ave Fort Morgan, CO 80701
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