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    976 Dillon Rd Louisville, CO 80027

    For Sale
    $2,360,000

    6,300 SF, 3-Tenant Retail Center, High NOI

    Property size:
    6,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Exceptional investment opportunity: a 6,300-square-foot shopping center in Louisville, Colorado, is available for purchase at $2,360,000. This single-story building boasts a strong net operating income (NOI) of $129,811, representing a 5.50% capitalization rate. The property is fully leased to three tenants: FedEx Office Print & Ship Center, Rock Barbers, and Smokers Den, with long-term leases in place, ensuring consistent cash flow. Located at 976 W Dillon Rd, 80027, this prime retail space enjoys excellent visibility along McCaslin Boulevard and easy access to Highway 36. Its strategic location benefits from proximity to the thriving Downtown Superior development and numerous surrounding shops and restaurants, capitalizing on the high traffic volume of the 36 corridor. The property offers a convenient location, just 15 minutes from Boulder and under 30 minutes from Denver, making it an attractive investment for both local and out-of-state buyers. This well-maintained property presents a rare opportunity to acquire a stable, high-performing retail asset in a desirable Colorado market. The asking price per square foot is $374.60.

    Property Features for 976 Dillon Rd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    6,300 SF

    Building Details

    Buildings
    1
    Stories
    1
    Units
    3

    HighLights

    • $2,360,000 asking price for this 6,300 square foot retail shopping center.
    • Located at 976 W Dillon Rd, Louisville, CO 80027, offering excellent visibility and access to Hwy 36.
    • Features three tenants: FedEx Office, Rock Barbers, and Smokers Den, with long‑term leases in place.
    • Strong financial performance with a 5.50% cap rate and a Net Operating Income (NOI) of $129,811.
    • The property boasts a price per square foot of $374.60.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Boulder
    State
    Colorado
    Longitude
    -105.16452677292
    Latitude
    39.959930891116

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    FAQs

    What type of property is this?
    Lifestyle center - 6,300 SF, 3-Tenant Retail Center, High NOI
    Where is this lifestyle center located?
    The property is located at 976 Dillon Rd Louisville, CO.
    What is the asking price?
    The asking price for this property is $2,360,000.
    What are key features of this property?
    This property features: $2,360,000 asking price for this 6,300 square foot retail shopping center.; Located at 976 W Dillon Rd, Louisville, CO 80027, offering excellent visibility and access to Hwy 36.; Features three tenants: FedEx Office, Rock Barbers, and Smokers Den, with long-term leases in place.
    Request Owner's contact information
    976 Dillon Rd Louisville, CO 80027
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    Louisville, CO 80027
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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
    976 Dillon Rd Louisville, CO 80027
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