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    11238 W Us Highway 50 Salida, CO 81201

    For Sale
    $424,900

    Commercial property with highway frontage and room to grow.

    Lot size:
    0.43 Acres

    Property Features for 11238 W Us Highway 50

    General Information

    Lot size
    0.43 Acres

    Building Details

    Year built
    1973

    Source: HomeSmart Preferred Realty Agent Janine Marr

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

    Overview

    Highway Frontage Commercial Land Opportunity

    This commercial property offers an established space of 1,524 square feet. The property includes vacant land in the back, providing room for expansion. It benefits from highway visibility and captures daily drive-by traffic. An established well and septic system are in place. The property offers views of the Collegiate Peaks.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Spa & Massage Restaurant Auto Repair Shop Clothing Store Wholesale Shop Skin Care Clinic Gym & Fitness Kitchen & Bath Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Salida
    County
    Chaffee
    State
    Colorado
    Longitude
    -106.083919
    Latitude
    38.521851

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    FAQs

    What type of property is this?
    Commercial land - Commercial property with highway frontage and room to grow.
    Where is this commercial land located?
    The property is located at 11238 W Us Highway 50 Salida, CO.
    What is the asking price?
    The asking price for this property is $424,900.
    What are key features of this property?
    This property features: - Highway exposure with high visibility.; - **1,524 SQ FT of updated, well-built space.**; - Expansive vacant land for future growth.
    (719) 221-1838
    Request Owner's contact information
    11238 W Us Highway 50 Salida, CO 81201
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    Salida, CO 81201
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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
    11238 W Us Highway 50 Salida, CO 81201
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