Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2.66 Acres Hotel/Retail Site Title is generated by Realmo AI

    4890 Larimer Pkwy, Johnstown, CO 80534

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    2.66 acres for hotel/retail within mixed-use development.

    Type:Land, Special Purpose
    Lot size:
    2.66 Acres
    Added:
    Mar 15, 2026
    Days on Market:
    73
    Last Refresh:
    Mar 19 at 11:27 pm

    Property Features for 4890 Larimer Pkwy

    General Information

    Standard status
    Active
    Lot size
    2.66 Acres
    Property subtype
    Land, Special Purpose

    We can help!

    Listing Contact
    Kari ROBINSON

    Listing agent Kari ROBINSON License #CO

    Listing office A. Stephen & Company, Inc

    Listing date Mar 15, 2026

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of A. Stephen & Company, Inc

    HighLights

    • 2.66 acre hotel/retail site
    • Located within the 2534 mixed‑use development
    • Anchored by a 250,000 SF Scheels Sporting Goods Store
    • Intersection of I‑25 & US Hwy 34
    • Across from Promenade Shops at Centerra lifestyle center
    • Proximity to major retailers: Macy's, Dicks Sporting Goods, Target, Ross, Sportsman's Warehouse, Best Buy

    Overview

    This 2.66-acre site is available for sale and is suitable for hotel or retail development. It is located within the 2534 mixed-use development at the intersection of I-25 and US Highway 34. The site is anchored by a 250,000-square-foot Scheels Sporting Goods store. It is directly across from the Promenade Shops at Centerra lifestyle center, which includes Macy's, Dick's Sporting Goods, Target, Ross, Sportsman's Warehouse, and Best Buy.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Spa & Massage Center Auto Repair Shop Hair Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnstown
    County
    Weld
    State
    Colorado
    Longitude
    -104.9779848
    Latitude
    40.4064769

    Nearby Similar for Sale

    • $540,000
      1,579 SF

      Modern Executive Office Condo

      Remodeled office condo with high-end finishes and abundant natural light.
      4702 Larimer Pkwy, Johnstown, CO 80534
      View Details
    • $299,000
      2,592 SF

      Undeveloped Lot with Storage Building

      Johnstown, CO lot with storage building, ideal for development.
      6760 Lakota Ct, Johnstown, CO 80534
      View Details
    • $4,250,000

      Turn-Key Medical and Surgical Facility

      Exceptional medical facility in Northern Colorado with high-end finishes.
      4450 Union St Various, Johnstown, CO 80534
      View Details
    • $17,971,250

      New Industrial Construction in Johnstown

      Two industrial buildings in Northern Colorado's growing 2534 community.
      4565 Venture, Johnstown, CO 80534
      View Details
    • $1,150,000
      31,048 SF

      Mixed-Use Building in Prime Location

      31,048 SF mixed-use building with versatile zoning and solid infrastructure.
      310 West South 1st Street, Johnstown, CO, 80534
      View Details
    • $540,000
      1,579 SF

      Modern Executive Office Condo

      Remodeled office condo with high-end finishes and abundant natural light.
      4702 Larimer #101, Johnstown, CO 80534
      View Details
    • $3,332,532
      9,760 SF

      Commercial Land I-25 Frontage Road

      2.56 acres of commercial land with I-25 visibility.
      6059, 6505, 6503 East County Road 16, Johnstown, CO, 80534
      View Details
    • $9,100,000
      13,100 SF

      Class A Retail Center

      Premier multi-tenant retail center in Northern Colorado for sale.
      4884 Larimer Pkwy, Johnstown, CO
      View Details
    • $299,000
      2,592 SF

      Undeveloped Lot with Storage Building

      Undeveloped lot with storage building in Johnstown, Colorado.
      6760 Lakota, Johnstown, CO 80534
      View Details
    • $299,000
      2,592 SF

      Johnstown Land with Storage Building

      Undeveloped lot with storage building in Johnstown, Colorado.
      6760 Lakota Court, Johnstown, CO 80534
      View Details
    • $9,100,000

      Retail Space in Johnstown, CO

      Retail property for sale in Johnstown, Colorado.
      4884 Larimer Parkway, Johnstown, CO 80534
      View Details
    • $3,290,000
      4,000 SF

      Industrial Space Available For Lease

      4,000 square foot industrial space for lease in Johnstown.
      4530 Venture Dr, Johnstown, CO
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.66 acres for hotel/retail within mixed-use development.
    Where is this commercial land located?
    The property is located at 4890 Larimer Pkwy Johnstown, CO.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: 2.66 acre hotel/retail site; Located within the 2534 mixed‑use development; Anchored by a 250,000 SF Scheels Sporting Goods Store
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Kari ROBINSON
    Real Estate License ID: CO
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4890 Larimer Pkwy, Johnstown, CO 80534
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!