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Property profile & analytics
OFF-MARKET
Commercial real estate

48 Platte Dr Fairplay, CO 80440

0.83 ac lot Built 1999
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1999
Lot 0.83 ac (36,155 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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