Property summary
This exceptional 3.8-acre property, located just outside Hot Sulphur Springs in unincorporated Grand County, Colorado (APN 144502441070), presents a unique commercial development opportunity. Zoned for Commercial Business, a rare designation in this area, it offers unparalleled versatility. The property is ideal for a variety of uses, including self-storage facilities, multi-family or single-family residential development, or a combination thereof. The land can be subdivided into multiple lots without requiring re-platting, maximizing development potential. An existing ranch-style home with an unfinished basement sits on the property. The home is in good condition and the basement offers potential for expansion or conversion into additional living space. This presents an opportunity for a business owner to provide workforce housing and generate additional revenue. The property also lends itself to outdoor commercial storage of equipment and machinery. While a well is present, it's currently unused due to access to town water. The convenient location provides easy access to outdoor recreation, dining, and shopping. This is a truly versatile property with endless possibilities, priced at $1,125,000. The property is privately owned.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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