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    Spg St & Central City Pkwy Central City, CO 80427
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    Spg St & Central City Pkwy, Central City, CO 80427

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    • Land
    • 2.00 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Spg St & Central City Pkwy

    Lot size
    2.00 lot acres
    Property type
    Land

    Description

    This exceptional 2-acre land parcel presents a unique development opportunity in Central City, Colorado. Located at the intersection of Spring Street and Central City Parkway, this property boasts a prominent position at the gateway to the historic downtown area, offering unparalleled visibility and accessibility. The site is zoned HDG (Historic Downtown Gaming), allowing for a diverse range of development possibilities to complement the existing gaming and tourism infrastructure. Currently featuring 116 free-surface parking spaces, the property provides ample parking for visitors and future development. The location benefits from high traffic volume on Central City Parkway, estimated at over 700,000 annual trips, ensuring significant exposure for any new development. This presents a chance to reshape the entrance to Central City's Main Street Commercial District, capitalizing on the city's rich history, thriving gaming industry, and proximity to the Denver metropolitan area (approximately 35 miles via I-70), with a population exceeding 3,300,000. The property's APN is 1835-123-01-047. This is a rare opportunity to contribute to the ongoing revitalization of Central City and create a landmark development in a vibrant and historic Colorado community. The city's established gaming sector, including six casinos (Century Casino & Hotel Central City, Dostal Alley Brewpub & Casino, Dragon Tiger Casino, Easy Street Casino, The Famous Bonanza Casino, and The Grand Z Casino Hotel), provides a strong foundation for a successful venture. This site offers the potential to create a new destination that complements the existing attractions and further enhances Central City's appeal to tourists and residents alike.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Central City
    County
    Gilpin
    State
    Colorado
    Longitude
    -105.513
    Latitude
    39.7994
    More about this property
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