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    OFF-MARKET
    Land

    477 Castle Pines Ave, Johnstown, CO 80534

    0.85 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 0.85 ac (37,026 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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