48 Platte Dr Fairplay, CO 80440
This exceptional 2,028 square foot commercial building presents a remarkable opportunity in the heart of Fairplay, Colorado. Situated on a convenient 0.83-acre flat lot at a highly visible intersection, this property offers unparalleled accessibility and exposure. The building itself is ready for a renovation or complete redevelopment, allowing for a wide range of potential uses. Its prime location near the center of Fairplay ensures high traffic and visibility, making it ideal for a variety of businesses. The asking price of $299,000 represents a significant value for a property with such potential in a desirable location. The existing structure provides a solid foundation for a new venture, allowing for customization to suit specific business needs. Imagine the possibilities – a thriving restaurant, a unique retail space, or a professional office. The flat, easily accessible lot simplifies development and operations. This is a chance to establish a successful business in a vibrant mountain community. Don't miss this opportunity to acquire a highly visible and versatile commercial property in Fairplay, Colorado. The possibilities are endless.
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.