Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Wellington Commercial Land Opportunity Title is generated by Realmo AI

    8335 Wellington Blvd, Wellington, CO 80549

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

    Commercial land near downtown Wellington, suitable for various retail uses.

    Type:Land
    Lot size:
    0.84 Acres
    Added:
    May 15, 2024
    Days on Market:
    739
    Last Refresh:
    May 12 at 8:01 pm

    Property Features for 8335 Wellington Blvd

    General Information

    Standard status
    Active
    Lot size
    0.84 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Lissa Johnson

    Listing agent Lissa Johnson License #CO - FA40021430

    Listing office C3 Real Estate Solutions Fort Collins Front Range Village

    Listing date May 15, 2024

    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 C3 Real Estate Solutions Fort Collins Front Range Village

    HighLights

    • Zoned C3, allowing for diverse business options like grocery stores and drive‑thrus.
    • Combine with adjacent Lot 2 for a larger retail development.
    • Excellent accessibility, located just 2 minutes from I‑25.
    • All utilities are present, simplifying the development process.
    • Located next to downtown.
    • Located 1 minute from the new Wellington Middle - High School.

    Overview

    Lot 3, located at 8335 Wellington Blvd in Wellington, CO, offers 36,621 square feet of commercial land. This lot can be combined with the adjacent Lot 2 at 8355 Wellington Blvd, which provides an additional 35,581 square feet, creating a larger retail development opportunity. Situated next to downtown Wellington, the property is zoned C3, offering a wider range of permitted uses compared to the C2 zoning in the immediate downtown area. Allowable uses include grocery stores, child care facilities, personal services, print shops, retail shops, and drive-thru services. The location provides convenient access, being just 2 minutes from I-25 and 1 minute from the new Wellington Middle - High School. All utilities are available to the lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Wellington
    County
    Larimer
    State
    Colorado
    Longitude
    -105.0125534
    Latitude
    40.7053355

    Nearby Similar for Sale

    • $235,000

      Wellington Land with Mountain Views

      46 acre parcel near I-25 with mountain views.
      1 CR 82, Wellington, CO 80549
      View Details
    • $3,200,000
      11,125 SF

      New Industrial Building in Wellington

      Newly constructed 11,125 SF industrial building for sale.
      8761 Bonfire, Wellington, CO 80549
      View Details
    • $2,800,000

      Wellington Land Development Opportunity

      Land in a rapidly growing Northern Colorado community.
      2550 E County Road 62e, Wellington, CO 80549
      View Details
    • $675,000

      Prime Commercial Unit on Sixth

      Exceptional I-25 visibility in Wellington's thriving Main Street District.
      7935 6th St 200, Wellington, CO 80549
      View Details
    • $349,900

      Vacant Land with Mountain Views

      40-acre vacant land with well and septic near Wellington.
      6730 County Road 100, Wellington, CO 80549
      View Details
    • $250,000

      Commercial Lots Near New School

      Commercial lots available with a variety of approved uses.
      8245 Wellington Blvd, Wellington, CO 80549
      View Details
    • $550,000

      Functional Warehouse in Industrial Park

      Warehouse space with convenient access and flexible zoning.
      8017 1st St Unit G, Wellington, CO 80549
      View Details
    • $250,000

      Commercial Lot Near New School

      Commercial lot for sale with a variety of approved uses.
      8265 Wellington Blvd, Wellington, CO 80549
      View Details
    • $3,950,000
      24,560 SF

      Multi-Tenant Flex Property Near I-25

      Flex property with three office/warehouse buildings near I-25.
      8925 Pieper Rd, Wellington, CO 80549
      View Details
    • $3,200,000
      11,125 SF

      New Industrial Building in Wellington

      Newly constructed 11,125 SF industrial building for sale.
      8761 Bonfire Dr, Wellington, CO 80549
      View Details
    • $285,000

      Colorado Dream Land Opportunity

      35-acre land near Wellington, CO with mountain views.
      County Road 17 (Lot 1), Wellington, CO 80549
      View Details
    • $290,000

      36-Acre Parcel with Mountain Views

      36-acre parcel near I-25 with views and utilities.
      1 CR 7, Wellington, CO 80549
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land near downtown Wellington, suitable for various retail uses.
    Where is this commercial land located?
    The property is located at 8335 Wellington Blvd Wellington, CO.
    What is the asking price?
    The asking price for this property is $219,726.
    What are key features of this property?
    This property features: Zoned C3, allowing for diverse business options like grocery stores and drive‑thrus.; Combine with adjacent Lot 2 for a larger retail development.; Excellent accessibility, located just 2 minutes from I‑25.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Lissa Johnson
    Real Estate License ID: CO - FA40021430
    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
    8335 Wellington Blvd, Wellington, CO 80549
    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!