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    OFF-MARKET
    Land

    0 Nwc Centennial Dr & Parish Ave, Johnstown, CO 80534

    1.74 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 1.74 ac (75,969 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
    AI Approach AI
    by Request
    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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