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    32351 County Road 52 Iliff, CO 80736

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    For Sale
    $165,000

    Former restaurant and shop building with redevelopment potential for sale.

    Lot size:
    0.84 Acres

    Property Features for 32351 County Road 52

    General Information

    Lot size
    0.84 Acres

    Building Details

    Year built
    1983

    Source: Area Wide Realty, LLC Agent Shannon Selvidge

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

    Overview

    Restaurant and Shop Building Opportunity

    This property features a 1,680-square-foot building that formerly operated as Lu's Buffalo Stop, presenting opportunities for redevelopment. The building could potentially be used as a restaurant, office space, or converted into housing. Additionally, the property includes a 40-foot by 40-foot metal shop building equipped with large overhead doors, suitable for storage or use as a repair garage.
    Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Iliff
    County
    Logan
    State
    Colorado
    Longitude
    -102.960573
    Latitude
    40.805116

    FAQs

    What type of property is this?
    Restaurant - Former restaurant and shop building with redevelopment potential for sale.
    Where is this restaurant located?
    The property is located at 32351 County Road 52 Iliff, CO.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: - Versatile Property: Suitable for restaurant, office space, or housing conversion.; - **Metal Shop Building: 40' x 40' with large overhead doors, ideal for storage or repair garage.**; - Existing Restaurant Structure: 1680 sq ft former restaurant building.
    (970) 580-6173
    Request Owner's contact information
    32351 County Road 52 Iliff, CO 80736
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    Iliff, CO 80736
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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
    32351 County Road 52 Iliff, CO 80736
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