Retail Property on Santa
410 N Santa Fe Ave Fountain, CO 80817
410 N Santa Fe Ave, Fountain, CO, 80817
Contact for pricing
For Sale
Contact for pricing
Retail property for sale with two water taps.
Property Size1,201 SF
Price / SF$249.79
Days on Market1540
Property Features for 410 N Santa Fe Ave
General Information
- Standard status
- Active
- Size
- 1,201 SF
- Property subtype
- Retail
Listing agency
Berkshire Hathaway | Synergy Realty Group
(719) 660-5223
Listed by
Charles D'Alessio · License #CO 40034206
Source
Crexi
Added: May 4, 2022 Updated: Jul 6 at 7:56AM Checked: Jul 19 at 5:20AM
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 Berkshire Hathaway | Synergy Realty Group
Investment Insights
Based on property information with market context.
The property, with a size of 1201 square feet, is located on N Santa Fe Avenue. It is intended for retail use. The property will be sold together with the properties located at 404 and 408 N. Santa Fe Avenue, Fountain, CO 80817 as one lot. None of the properties shall be sold individually but may be marketed individually due to separate schedule numbers for sale unless otherwise agreed upon by the seller. The property has two water taps.
Key Highlights
- Sold as a lot with 404 and 408 N. Santa Fe Avenue.
- Two water taps included.
- All parcels to be sold together.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.8k | $21.48 |
| − Vacancy | −$1.3k | −$1.05 |
| EGI | $24.5k | $20.43 |
| − OpEx | −$7.4k | −$6.13 |
| NOI | $17.2k | $14.30 |
1,201 SF · lease $21.48/SF/yr · vacancy 4.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$245.3K
$214.7K – $286.2K
NOI $17,173 @ 7.0% cap · market cap 5.72%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$16.01M
$14.01M – $18.68M
NOI $1,121,049 @ 7.0% cap · market cap 373.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
ATM
Atm
United Business Bank
Bank
Cimino Auto Sales
Car Dealership
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail property for sale with two water taps.
Where is this retail space located?
The property is located at 410 N Santa Fe Ave Fountain, CO.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Sold as a lot with 404 and 408 N. Santa Fe Avenue.; Two water taps included.; All parcels to be sold together.
