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Property profile & analytics
OFF-MARKET
Land

0 X Cornerstone Dr Pagosa Springs, CO 81147

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land parcel, located at X Cornerstone Dr in Pagosa Springs, Colorado, presents a unique investment opportunity. Spanning 1 to 5 acres, this property boasts unparalleled visibility from Highway 160, ensuring high traffic exposure for your business. Situated within the Plaza at Aspen Village, this lot benefits from its proximity to established businesses such as Walmart, the new Four Corners Tire Pros & Auto Care, Los Dos Charros, Abba Eye Care, Alpen Haus, Shear Talk, and Echo It. The property's strategic location offers excellent accessibility and visibility, making it ideal for a variety of commercial ventures. All utilities are conveniently located at the property line, simplifying development and reducing upfront costs. The lot has already undergone excavation, significantly expediting the construction process. The asking price is $299,000, translating to approximately $239,423.08 per acre. The land's prime location and readiness for immediate development make it an attractive proposition for investors seeking a high-return commercial investment in the thriving Pagosa Springs market. Consider the potential for live/work development, further enhancing the property's versatility and appeal. This is a rare opportunity to acquire a ready-to-build commercial lot in a high-traffic area with excellent visibility and established neighboring businesses. The zip code is 81147, and the property is located in Archuleta County.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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