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    27948 Frontage Rd La Junta, CO 81050

    For Sale
    $1,499,000

    Thriving Restaurant, 5,204 SF, 6 Acres

    Property size:
    5,204 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional turnkey restaurant opportunity in La Junta, Colorado presents a unique chance to acquire an established business and property. Located at 27948 Frontage Rd, this 5,204 square foot restaurant sits on a sizable 6.09-acre lot, offering ample space for operations and expansion. Built in 1949, the property is zoned for commercial use and boasts a prime location with high visibility, benefiting from the significant daily traffic on nearby Highway 50. The restaurant's substantial size and existing infrastructure provide a solid foundation for continued success, whether maintaining the current culinary concept or implementing a new vision. The property's ample parking caters to the needs of patrons and staff. This offering includes the building, land, and existing business operations, presenting a comprehensive investment package. The property's APN is 115682. The asking price for this remarkable opportunity is $1,499,000. This is a rare chance to own a piece of La Junta's culinary heritage and capitalize on a high-traffic location. The property's size and location make it ideal for a variety of restaurant concepts or potential redevelopment. This is a truly exceptional opportunity for a savvy investor seeking a profitable venture in a vibrant community.

    Property Features for 27948 Frontage Rd

    General Information

    Property type
    Restaurants
    Square Feet
    5,204 SF
    Lot Size
    265,280 SF

    Building Details

    Year Built
    1949

    HighLights

    • Turnkey restaurant opportunity in La Junta, CO.
    • 5,204 SF restaurant on a 6.09‑acre lot.
    • Located at 27948 Frontage Rd, with high visibility from Highway 50.
    • Commercial zoning, ample parking, and existing infrastructure.
    • Includes building, land, and business operations; APN 115682.
    • Asking price: $1,499,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    La Junta
    County
    Timpas
    State
    Colorado
    Longitude
    -103.5670991
    Latitude
    37.989959

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    FAQs

    What type of property is this?
    Restaurant - Thriving Restaurant, 5,204 SF, 6 Acres
    Where is this restaurant located?
    The property is located at 27948 Frontage Rd La Junta, CO.
    What is the asking price?
    The asking price for this property is $1,499,000.
    What are key features of this property?
    This property features: Turnkey restaurant opportunity in La Junta, CO.; 5,204 SF restaurant on a 6.09-acre lot.; Located at 27948 Frontage Rd, with high visibility from Highway 50.
    Request Owner's contact information
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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
    27948 Frontage Rd La Junta, CO 81050
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