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Property profile & analytics
OFF-MARKET
Land

0 Lawrence St Central City, CO 80427

3.26 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.26-acre commercial land parcel in Central City, Colorado, presents a unique investment opportunity. Located in Gilpin County, with the address on Lawrence St and zip code 80427, the property is zoned for gaming (Gregory Gulch Gaming GGG) and offers significant development potential. The site's strategic location directly adjoins The Grand Z Casino, ensuring high visibility and accessibility. Conceptual plans envision a substantial development encompassing over 1,000 parking spaces, 500+ slot machines, numerous gaming tables, and a hotel with 500+ rooms. This contiguous parcel, identified by APN numbers R002753, R002305, R002306, and RR011007, is ideally suited for a large-scale casino or mixed-use development. The property's size and zoning make it a rare find in this thriving gaming destination. Furthermore, the possibility exists to acquire adjacent parcels, potentially expanding the total acreage to over 9 acres. This presents a compelling opportunity for developers seeking a prominent location with significant expansion potential. The asking price for this remarkable property is $2,250,000. Additional photos are forthcoming.

Property profile
Verified
Property type Land
Lot 3.26 ac (142,006 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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