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185 St Lk Lake Colorado City, TX 79512

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Property summary
AI-generated overview

This exceptional commercial property in Colorado City, Texas, presents a unique investment opportunity. Located at 185 E Street, 79512, this fully operational fitness center is ready for immediate ownership. The property encompasses two distinct areas: a 7,000 square foot main gym featuring top-of-the-line equipment and a separate 3,000 square foot studio at the rear, ideal for additional classes or expansion. The existing setup allows for seamless transition to new ownership, minimizing disruption to ongoing operations. The property's layout also includes space designated for a nutrition bar, offering further revenue generation potential. This turnkey business is situated on a commercial lot and is priced at $179,900. The property's location in a growing area presents significant upside for future growth and profitability. This is a rare chance to acquire an established, successful business with immediate income potential and significant room for expansion and customization. The property's existing infrastructure and equipment represent a substantial value proposition, minimizing the need for significant upfront investment. This is an exceptional opportunity for an entrepreneur seeking a ready-made business or an investor looking for a strong return on investment in a thriving market. The property is zoned for commercial use and is ready for immediate occupancy.

Property profile
Verified
Property type Specialty properties
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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