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Property profile & analytics
OFF-MARKET
Mixed-use properties

201 Wapiti Dr Fraser, CO 80442

25,265 SF 0.58 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.58-acre mixed-use property, located at 201 S Wapiti Dr in Fraser, Colorado (80442), presents a unique investment opportunity. Currently vacant, this 25,265 square foot lot is zoned for business use and benefits from a Riverwalk Overlay, allowing for increased density. The property's flat terrain makes it highly buildable, offering significant potential for various developments, including condominiums, apartments, retail spaces, restaurants, or a parking garage. Its prime location offers easy access to US Highway 40 and is situated behind the Holiday Inn, with convenient access to Safeway via a stoplight. The property's adjacency to the Fraser River Trail and the historic Fraser Walk Thru History Park adds to its appeal. The asking price is $950,000. APN: 1587-191-52-002. Pre-approval for residential units is in place. An offering memorandum is available upon request. This is a rare chance to acquire a highly desirable property in a thriving Colorado mountain town.

Property profile
Verified
Property type Mixed-use properties
Total area 25,265 SF
Lot 0.58 ac (25,265 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
by Request
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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