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    Lawrence St Central City, CO 80427

    • Land
    • 3.26 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    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 Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Central City
    County
    Gilpin
    State
    Colorado
    Longitude
    -105.506
    Latitude
    39.8001

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      Central City, CO 80427

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      VACANT COMMERCIAL LAND • 0.08 Acres
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    Lawrence St
    Central City, CO 80427
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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