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    Nwc Centennial Dr & Parish Ave Johnstown, CO 80534

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    For Sale
    $911,624

    1.7-acre site suitable for multifamily or commercial development.

    Lot size:
    1.74 Acres

    Property Features for Nwc Centennial Dr & Parish Ave

    General Information

    Lot size
    1.74 Acres

    Building Details

    Year built
    2022

    Source: Cushman Wakefield Agent Travis Ackerman

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

    Overview

    Johnstown Land for Development

    This 1.7-acre site in Johnstown, Colorado, is suitable for multifamily and commercial developments. The property is positioned next to the new Johnstown city hall and the Johnstown police department, and across the street from the YMCA community center. Potential uses include a coffee shop or gas station.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Johnstown
    County
    Weld
    State
    Colorado
    Longitude
    -104.943
    Latitude
    40.3214

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    FAQs

    What type of property is this?
    Commercial land - 1.7-acre site suitable for multifamily or commercial development.
    Where is this commercial land located?
    The property is located at Nwc Centennial Dr & Parish Ave Johnstown, CO.
    What is the asking price?
    The asking price for this property is $911,624.
    What are key features of this property?
    This property features: - 1.7-acre site suitable for multifamily or commercial developments.; - Prime location next to Johnstown city hall and police department.; - Across the street from the YMCA community center.
    (970) 222-6452
    Request Owner's contact information
    Nwc Centennial Dr & Parish Ave Johnstown, CO 80534
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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
    Nwc Centennial Dr & Parish Ave Johnstown, CO 80534
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