477 Castle Pines Ave, Johnstown, CO 80534
This exceptional 0.85-acre commercial land parcel in Johnstown, Colorado, presents a unique opportunity for immediate development. Located at 477 Castle Pines Ave, 80534, in Weld County, this site boasts a prime location with high visibility along Parish Avenue. The property is zoned for commercial use and features a development-ready pad site suitable for a building exceeding 9,000 square feet. Extensive infrastructure work has already been completed, including site engineering, soil analysis, grading, drainage, installation of a 1-inch water line and sewer line to the pad site, and dedication of raw water. Additional completed infrastructure includes parking lot lighting, a trash enclosure, monument signage, fire hydrants, and a landscape water line. Off-site detention is also in place. The property benefits from its proximity to the Johnstown Recreation Center and is surrounded by established professional businesses such as Family Physicians of Greeley, The Point Sports Medicine, and Town Hall. This rapidly growing area of Johnstown anticipates hundreds of new homes and commercial developments, making this a highly desirable investment opportunity. The asking price is $350,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.