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    1891 State Highway 7 Erie, CO 80516

    Sponsored
    For Sale
    Contact for pricing

    Erie, CO Retail Pad Sites: Lease, Build-to-Suit, or Buy

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Vista Ridge presents a prime retail investment opportunity in Erie, Colorado. This exceptional development site, encompassing between 0.82 and 1.37 acres, offers pad sites available for lease, build-to-suit development, or outright purchase. Strategically located at 1891 State Highway 7, 80516, the property boasts high visibility and accessibility along a major arterial corridor. Highway 7 serves as a key connector between I-25 and several thriving communities including Broomfield, Erie, Boulder, and Brighton, ensuring significant traffic flow and exposure for potential tenants. The site benefits from its adjacency to a newly constructed 123,000 square foot King Soopers grocery store, anchoring the area and drawing substantial consumer traffic. Furthermore, the surrounding area exhibits strong demographics with high household incomes. The location is supported by significant residential growth, with over 10,000 new dwelling units approved within a three-mile radius, guaranteeing a robust and expanding customer base. Proximity to other high-profile developments, including IKEA, the University of Colorado Medical Campus, the J.P. Morgan Chase Operations Center, and North Park Flex #1, further enhances the property's desirability and long-term potential. This is an unparalleled chance to capitalize on the explosive growth and strong market fundamentals of Erie, Colorado.

    Property Features for 1891 State Highway 7

    General Information

    Property type
    Lifestyle centers
    Lot Size
    35,719 SF
    Property Profile 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
    Erie
    County
    Weld
    State
    Colorado
    Longitude
    -105.0191208
    Latitude
    40.0007993

    Nearby Comparable

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    FAQs

    What type of property is this?
    Lifestyle center - Erie, CO Retail Pad Sites: Lease, Build-to-Suit, or Buy
    Where is this lifestyle center located?
    The property is located at 1891 State Highway 7 Erie, CO.
    Request Owner's contact information
    1891 State Highway 7 Erie, CO 80516
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    Erie, CO 80516
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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
    1891 State Highway 7 Erie, CO 80516
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