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    Lawrence St Central City, CO 80427
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    Lawrence St, Central City, CO 80427

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    • Land
    • 3.26 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Land

    Property Details for 0 Lawrence St

    Lot size
    3.26 lot acres
    Property type
    Land

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Central City
    County
    Gilpin
    State
    Colorado
    Longitude
    -105.506
    Latitude
    39.8001
    More about this property
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