Highway 40 Craig, CO 81625
- Commercial real estate
- 0.50 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Highway 40
- Lot size
- 0.50 lot acres
- Property type
- Commercial real estate
Description
This exceptional 0.5-acre commercial lot presents a remarkable development opportunity in Craig, Colorado. Strategically located on Highway 40, this property boasts unparalleled visibility and accessibility, ensuring high traffic exposure for any business venture. The lot is zoned C-2, Community Commercial, offering a diverse range of permitted uses. Potential developers can explore various options, including restaurants, retail establishments, auto sales and rental businesses, and repair shops. A particularly attractive feature is the allowance for multi-family units, opening doors to mixed-use developments. The expansive size of the lot provides ample space for construction and landscaping, allowing for creative design and efficient utilization of the property. Its prime corner location maximizes visibility from Highway 40, guaranteeing significant exposure to a substantial daily traffic flow. This presents a unique chance to establish a thriving business in a dynamic location with considerable growth potential. The asking price of $55,000 makes this an attractive investment for entrepreneurs and developers seeking a high-impact commercial property in a desirable Colorado location. Don't miss this opportunity to secure a prominent piece of Craig's commercial landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Craig
- County
- Moffat
- State
- Colorado
- Longitude
- -107.594
- Latitude
- 40.514