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    1271 Lawrence Ave Cañon City, CO 81212

    For Sale
    $550,000

    Profitable 59-unit storage complex

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This fully rented 59-unit self-storage facility in Cañon City, Colorado, presents a compelling investment opportunity. Located at 1271 Lawrence Ave, 81212, this one-acre property boasts a mix of 10x20 and 10x23 unit sizes, along with a unique 20x43 heated unit/shop. The property is secured with perimeter fencing. Currently, the owner utilizes the shop and two storage units for personal use, offering potential for increased revenue upon vacancy. The existing rental rates offer significant upside potential for a new owner. This well-maintained facility is situated on the north side of town, providing convenient access for residents and businesses. The asking price for this turnkey operation is $550,000. This represents a rare chance to acquire a profitable, established business with immediate cash flow and substantial growth potential. The property's location in Fremont County, Colorado, offers a stable market for self-storage services. The combination of a diverse unit size offering, secure fencing, and the potential for rental increases makes this a highly attractive investment. Don't miss this chance to own a thriving self-storage business with excellent future prospects.

    Property Features for 1271 Lawrence Ave

    General Information

    Property type
    Self storage facilities

    HighLights

    • Fully occupied 59‑unit self‑storage facility in a prime Northside location.
    • Unit sizes include 10x20, 10x23, and one 20x43 heated unit/shop.
    • Situated on a one‑acre lot with secure fencing.
    • Significant rental upside potential.
    • Owner occupies the shop and two storage units.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Map

    City
    Cañon City
    County
    Fremont
    State
    Colorado
    Longitude
    -105.22721285476
    Latitude
    38.47861832307

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    FAQs

    What type of property is this?
    Self storage facility - Profitable 59-unit storage complex
    Where is this self storage facility located?
    The property is located at 1271 Lawrence Ave Cañon City, CO.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Fully occupied 59-unit self-storage facility in a prime Northside location.; Unit sizes include 10x20, 10x23, and one 20x43 heated unit/shop.; Situated on a one-acre lot with secure fencing.
    (719) 276-2500
    Request Owner's contact information
    1271 Lawrence Ave Cañon City, CO 81212
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    Cañon City, CO 81212
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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
    1271 Lawrence Ave Cañon City, CO 81212
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