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    56860 E Colfax Ave Strasburg, CO 80136

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    For Sale
    $1,100,000

    Office building with extra lot and water rights for sale.

    Lot size:
    0.75 Acres

    Property Features for 56860 E Colfax Ave

    General Information

    Lot size
    0.75 Acres

    Building Details

    Year built
    1967

    Source: RE/MAX Full House Inc. Agent Connie Lybarger

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

    Overview

    Office Building with Development Potential

    This property features an office building containing 5 offices, accompanied by an additional lot at the rear, totaling 0.287 acres, suitable for new development. The property is located off the main road that runs through Strasburg Colfax. The seller possesses 8 ERQs of water rights, valued at approximately $100,000, intended for future development. The area is experiencing increased development activity, presenting an opportunity for investment.
    Insight Report Location Intelligence

    Current Use by Public Records

    Vault Public Accounting ... Tax Preparation Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Strasburg
    County
    Adams
    State
    Colorado
    Longitude
    -104.3217156
    Latitude
    39.7380215

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    FAQs

    What type of property is this?
    Office building - Office building with extra lot and water rights for sale.
    Where is this office building located?
    The property is located at 56860 E Colfax Ave Strasburg, CO.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Extra lot (.287 acres) included for new development.; - Includes **8 ERQs of water rights valued at approximately $100,000**.; - Located in an area with upcoming development potential.
    (303) 622-6879
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    56860 E Colfax Ave Strasburg, CO 80136
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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
    56860 E Colfax Ave Strasburg, CO 80136
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