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Property profile & analytics
OFF-MARKET
Warehouses

215-217 7Th St Walsenburg, CO 81089

9,506 SF 0.6 ac lot Built 1882
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 215-217 W 7th St in Walsenburg, Colorado, presents a unique investment opportunity. Boasting a substantial 9,506 square feet on a 0.6-acre lot (APN 28680, 36679), this property offers significant development potential. The existing structures, a former feed store and a newer steel building, may be repurposable, though the true value lies in the land itself. Situated on W 7th Street/US Hwy 160, this highly visible location benefits from an estimated annual vehicle traffic count exceeding 2.7 million, placing it near national retailers, gas stations, and grocery stores. The Community Commercial zoning permits mixed-use development, catering to the high demand for housing, hotels, and short-term rentals in this thriving area. Walsenburg's strategic position at the crossroads of I-25, US Hwy 160, and State Highways 10 and 69 creates a diverse trade area encompassing commercial, commuter, and tourism traffic. Built in 1882, the single-story property offers significant flexibility for redevelopment. This is an ideal location for investors seeking to capitalize on the growing demand in Southern Colorado's affordable market. The property is currently undergoing cleanup. Asking price is $299,000.

Property profile
Verified
Property type Warehouses
Year built 1882
Total area 9,506 SF
Lot 0.6 ac (26,136 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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