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    Nwc Centennial Dr & Parish Ave Johnstown, CO 80534

    For Sale
    $911,624

    1.74 Acres, Multi-Use Potential, $911,624

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.74-acre commercial land parcel presents a unique investment opportunity in the thriving town of Johnstown, Colorado. Located at the Northwest corner of Centennial Drive and Parish Avenue, this strategically positioned site offers unparalleled visibility and accessibility. Its prime location is adjacent to the new Johnstown City Hall and Police Department, and directly across from the YMCA community center, ensuring high foot traffic and community engagement. The land is zoned for both multi-family residential and commercial development, providing flexibility for a wide range of projects. With a land value of $12 per square foot, this property represents a compelling investment at an asking price of $911,624. The site's proximity to essential municipal services and community amenities makes it ideal for various commercial ventures, including but not limited to, a coffee shop or gas station. This exceptional location and zoning flexibility make this property a rare find in the rapidly growing Johnstown market. The property's address is NWC Centennial Drive & Parish Avenue, Johnstown, CO 80534. Detailed site plans and zoning information are available upon request. This is an exceptional opportunity to acquire a highly desirable commercial property in a vibrant and expanding community. Don't miss out on this chance to secure a prime location for your next development project.

    Property Features for 0 Nwc Centennial Dr & Parish Ave

    General Information

    Property type
    Land
    Lot Size
    75,969 SF

    HighLights

    • $911,624 asking price.
    • 1.744‑acre commercial land parcel.
    • $12/SF land value.
    • Located in Johnstown, CO, at the NWC of Centennial Drive & Parish Avenue (zip code 80534).
    • Suitable for multifamily or commercial development.
    • Prime location near Johnstown City Hall, Police Department, and YMCA.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Johnstown
    County
    Weld
    State
    Colorado
    Longitude
    -104.907319
    Latitude
    40.327617

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    FAQs

    What type of property is this?
    Land - 1.74 Acres, Multi-Use Potential, $911,624
    Where is this land located?
    The property is located at Nwc Centennial Dr & Parish Ave Johnstown, CO.
    What is the asking price?
    The asking price for this property is $911,624.
    What are key features of this property?
    This property features: $911,624 asking price.; 1.744-acre commercial land parcel.; $12/SF land value.
    (970) 776-3900
    Request Owner's contact information
    Nwc Centennial Dr & Parish Ave Johnstown, CO 80534
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    Johnstown, CO 80534
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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
    Nwc Centennial Dr & Parish Ave Johnstown, CO 80534
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