0 Nwc Centennial Dr & Parish Ave, Johnstown, CO 80534
This exceptional 1.74-acre commercial land parcel presents a unique investment opportunity in the thriving town of Johnstown, Colorado. Located at the Northwest corner of Centennial Drive and Parish Avenue, this strategically positioned site offers unparalleled visibility and accessibility. Its prime location is adjacent to the new Johnstown City Hall and Police Department, and directly across from the YMCA community center, ensuring high foot traffic and community engagement. The land is zoned for both multi-family residential and commercial development, providing flexibility for a wide range of projects. With a land value of $12 per square foot, this property represents a compelling investment at an asking price of $911,624. The site's proximity to essential municipal services and community amenities makes it ideal for various commercial ventures, including but not limited to, a coffee shop or gas station. This exceptional location and zoning flexibility make this property a rare find in the rapidly growing Johnstown market. The property's address is NWC Centennial Drive & Parish Avenue, Johnstown, CO 80534. Detailed site plans and zoning information are available upon request. This is an exceptional opportunity to acquire a highly desirable commercial property in a vibrant and expanding community. Don't miss out on this chance to secure a prime location for your next development project.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.