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Property profile & analytics
OFF-MARKET
Land

5057 Main St Salida, CO 81201

Property ID
Property summary
AI-generated overview

Prime 10-lot development opportunity in Salida, Colorado's Cleora at Salida East community, priced at $1,500,000. This exceptional offering presents a unique chance to build upon a rich history, dating back to the late 1800s. The development encompasses 106 lots designated for single-family homes, duplexes, and mixed-use commercial properties, all within a vibrant community. Lot sizes range from 5,722 to 14,331 square feet, with dimensions varying as per the plat map (50' x 125' and 75' x 105'). Modern building codes and updated setbacks are in place. Architectural designs emphasize a modern Southwest aesthetic, incorporating innovative building technologies such as 3D concrete printing, traditional construction, and modular systems, all designed for exceptional energy efficiency. Infrastructure for shared water and electricity is slated for completion in Q1 2025. Cleora at Salida East boasts convenient access to the Salida Mountain Trail Systems (Chicken Dinner trailhead nearby), the Arkansas River, and a 21-acre open space bordering BLM lands. This location offers the best of both worlds: a close-knit community atmosphere and proximity to downtown Salida's amenities. The permitted zoning allows for a blend of residential and commercial development, making this a versatile investment opportunity for developers and contractors seeking a substantial project in a thriving Colorado mountain town. This LLC-owned property presents a rare chance to be part of Salida's continued growth and success. The property is zoned for Residential/Commercial Mixed Use.

Property profile
Verified
Property type Land
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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