76981 Us-40 Fraser, CO 80442
This exceptional 1.1-acre commercial and residential land parcel presents a unique development opportunity in the heart of Fraser, Colorado. Located on US Highway 40, the property boasts excellent visibility and accessibility, ensuring high traffic exposure. The lot's flat terrain simplifies construction, while its central location within Fraser offers convenient access to amenities and services. Previously approved for a 20-unit condominium/apartment complex (modular construction), this property offers a streamlined path to development, utilizing the existing approved plat or exploring alternative development plans. The permitted commercial zoning opens doors to a variety of possibilities, including retail spaces, restaurants, banks, townhomes, or apartments. With a price of $1,350,000 and a land value of $33.39 per square foot, this represents one of the last undeveloped highway frontage parcels in the desirable Fraser Valley. The property's APN is 158720300023 and is owned by an LLC. Don't miss this chance to capitalize on the thriving Winter Park area's robust real estate market and create a successful venture. This is a truly remarkable opportunity for investors seeking a prime location with significant development potential.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.