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Property profile & analytics
OFF-MARKET
Commercial real estate

Tbd Goddard Ave Ignacio, CO 81137

75,664 SF 1.73 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.73-acre commercial property in Ignacio, Colorado presents a compelling investment opportunity. Located on Goddard Avenue, this strategically positioned parcel boasts high visibility, situated directly across from the Post Office and a local doctor's office, and near Family Dollar and the Ignacio Fair Grounds. The property offers convenient access to essential amenities and enjoys proximity to a casino (within a 5-minute drive), Durango (25 minutes), Bayfield (15 minutes), Pagosa Springs (45 minutes), and Navajo Lake (25 minutes). The 75,664 square foot lot features existing utilities including water, sewer, gas, and electricity, simplifying development plans. A portion of the land is comprised of concrete and asphalt. The seller is open to subdividing the parcel, allowing for flexibility in development strategies. This versatile property is ideal for a variety of commercial uses, from single-building development to the creation of multiple lots for sale. The existing structure on the property will be removed shortly. This prime location and the availability of utilities make this a truly remarkable opportunity for investors seeking a high-return investment in a thriving community. Act quickly to secure this exceptional property.

Property profile
Verified
Property type Commercial real estate
Total area 75,664 SF
Lot 1.73 ac (75,359 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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