Building Details

Building Size 1,200 SF

Year Built 1986

Listing Agency: Trevey Commercial Real Estate

Listed By: Heath Honbarrier · License #CO.100096076 Show Phone

Source: Commercialcafe

Added: May 16 Changed: Oct 21 Last Checked: Oct 23 at 3:32AM

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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 Trevey Commercial Real Estate

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Investment Insights

Based on property information with market context.

This listing offers commercial land located at 750 US Highway 36 in Byers, Colorado. The property is being offered for sale.

The land’s address is 750 US Highway 36, providing straightforward highway access along US Highway 36.

Additional details such as lot configuration, utilities, and zoning are not provided with the available information.

Key Highlights

• Commercial land for sale at 750 US Highway 36, Byers, CO 80103

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$21,682

Cap Rate

5.43%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$433,640 $433.6K

Cap Rate 7%

$309,743 $309.7K

Cap Rate 9%

$240,911 $240.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,200 SF

Gross rent

$32.4K $27.00/SF

− Vacancy

−$1.4K −$1.19/SF

EGI

$31.0K $25.81/SF

− OpEx

−$9.3K −$7.74/SF

NOI

$21.7K $18.07/SF

Area

Arapahoe County, CO

Vacancy

4.40%

Lease Rate

$27.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$433,640

Cap Rate 7%

$309,743

Cap Rate 9%

$240,911

Alternative Uses

Best Use

Retail

$309.7K

$271.0K – $361.4K (±1% cap)

NOI $21,682 @ 7.0% cap · market cap 5.43%

Second Best

—

—

no second resolved use

Theoretical Best

Multifamily LT 5

$17.82M

$15.59M – $20.79M (±1% cap)

NOI $1,247,132 @ 7.0% cap · market cap 312.56%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop Nail Salon Pet Store & Service Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

31

Businesses Nearby

Explore this area Business Placement

Demographics for 80103, CO

2,704

Population

1,097

Households

2.5

Avg Household Size

39

Median Age

17%

College-Educated

94%

High-School Grad

368.3 sq mi

ZIP Area

7

Density / Sq Mi

$102,188

Median Household Income

$51,552

Median Earnings

$1,336

Median Rent

$503,300

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Frequently Asked Questions

What type of property is this?

Retail space - For sale commercial land at 750 US Highway 36 in Byers, Colorado.

Where is this retail space located?

The property is located at 750 US Highway 36 Byers, CO.

What is the asking price?

The asking price for this property is $399,000.

What are key features of this property?

This property features: Commercial land for sale at 750 US Highway 36, Byers, CO 80103