7335 Us-50 Salida, CO 81201
- Land
- 0.95 lot acres
Current Use by Public Records
- Land
Property Details for 7335 Us-50
- Lot size
- 0.95 lot acres
- Property type
- Land
Description
This exceptional 0.95-acre commercial lot, located at 7335 US-50 in Salida, Colorado (zip code 81201), presents a remarkable development opportunity. Zoned C-1 Commercial, this property boasts convenient access to US Highway 50/Rainbow Boulevard, ensuring high visibility and accessibility. Infrastructure is already in place, including a 3/4" water line, with water and sewer taps already paid for, and natural gas readily available at the lot line. The property's strategic location places it near key amenities such as the Salida Hot Springs Pool, banks, service stations, healthcare facilities, and Walmart, maximizing its potential for a variety of commercial ventures. A recent appraisal valued the land at $885,000. The seller provides an engineered concept for a 21-unit rental suite development, though other possibilities abound, including multi-family housing, hotels, freestanding franchise locations, offices, or retail spaces. Interested parties are encouraged to contact the city of Salida to explore potential future zoning changes that could allow for higher-density building projects. This is a truly exceptional opportunity to capitalize on the growth of Salida, Colorado. The property is privately owned.
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
- Salida
- County
- Chaffee
- State
- Colorado
- Longitude
- -106.012
- Latitude
- 38.5245
