48 Platte Dr Fairplay, CO 80440
This exceptional commercial property, situated at 48 Platte Drive Unit 48 in Fairplay, Colorado, presents a unique investment opportunity. Boasting a highly visible location at a key intersection, this 0.83-acre lot offers unparalleled accessibility and exposure. The existing building is ready for a complete renovation or demolition, allowing for the creation of a truly customized commercial space. The flat lot simplifies construction and development, minimizing site preparation costs. The property's prime location near the heart of Fairplay ensures high visibility and foot traffic, making it ideal for a wide range of commercial ventures. The asking price of $299,000 represents a compelling value for a property with such significant potential. Imagine the possibilities: a thriving retail space, a unique restaurant, or a specialized service business. This property's versatility and strategic location make it an exceptional investment opportunity in a vibrant Colorado mountain town. The possibilities are truly limitless. Don't miss this chance to acquire a piece of Fairplay's commercial landscape and shape its future. Contact us today to learn more and schedule a showing.
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.