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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

7935 24 Hwy Cascade, CO 80809

1,020 SF 0.12 ac lot Built 1965
Property ID
Property summary
AI-generated overview

This exceptional 1,020 square foot retail property, situated on a 0.12-acre lot at 7935 W 24 Highway in Cascade, Colorado, presents a unique investment opportunity. Boasting excellent visibility and exposure from Highway 24, this location benefits from an impressive average annual daily traffic count of 26,000 vehicles. Currently occupied by Pikes Peak Gourmet Popcorn, a long-standing business operating successfully since 1999, the property enjoys a prime position as one of the first tourist attractions encountered by locals and visitors entering the Pikes Peak Tollway. Its strategic location ensures high visibility to those ascending towards the renowned Santa's Workshop amusement park and the newly constructed visitor center at the summit of Pikes Peak, "America's Mountain." This presents a compelling opportunity for a new business to capitalize on the substantial tourist traffic and established local clientele. The property's established history and prominent location make it an ideal investment for entrepreneurs seeking a thriving retail space in a high-demand area. The asking price is $365,000. This is a rare chance to acquire a well-positioned retail space with a proven track record in a picturesque and highly trafficked location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1965
Total area 1,020 SF
Lot 0.12 ac (5,227 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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