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    801 1St St Akron, CO 80720

    For Sale
    $130,000

    Prime Akron land, highway frontage, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 0.59-acre commercial land parcel presents a unique investment opportunity in the heart of Akron, Colorado. Located at 801 E 1st St, this property boasts excellent visibility due to its highway 34 frontage. The lot, comprised of two combined parcels, measures approximately 160 feet by 160 feet, offering ample space for a variety of development projects. The property's "C Residence" zoning designation provides considerable flexibility, allowing for diverse uses including single or multi-family dwellings, apartments, daycare centers, physician offices, churches, and various other businesses. This versatility makes it an attractive option for both residential and commercial developers seeking a strategic location. Infrastructure is already in place with existing water and sewer taps readily available, simplifying the development process and reducing upfront costs. The property's central Akron location ensures easy access to local amenities and transportation routes, making it an ideal site for a thriving business or residential community. This is a rare opportunity to acquire a well-situated, versatile land parcel in a growing Colorado town. The asking price is $130,000. Don't miss this chance to secure a prime piece of Akron real estate.

    Property Features for 801 1St St

    General Information

    Property type
    Land
    Lot Size
    25,700 SF

    HighLights

    • $130,000 asking price.
    • 0.59‑acre commercial land parcel.
    • Located in Akron, CO, at 801 E 1st St, with Highway 34 frontage.
    • Com/Res zoning allows for diverse uses including residential, commercial, and mixed‑use development.
    • Water and sewer tap included.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Washington
    State
    Colorado
    Longitude
    -103.20253424
    Latitude
    40.15924081

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    FAQs

    What type of property is this?
    Land - Prime Akron land, highway frontage, development potential.
    Where is this land located?
    The property is located at 801 1St St Akron, CO.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: $130,000 asking price.; 0.59-acre commercial land parcel.; Located in Akron, CO, at 801 E 1st St, with Highway 34 frontage.
    Request Owner's contact information
    801 1St St Akron, CO 80720
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    Akron, CO 80720
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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
    801 1St St Akron, CO 80720
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