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    Grand St Kit Carson, CO 80825
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    Grand St, Kit Carson, CO 80825

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    • Land
    • 10.60 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Grand St

    Lot size
    10.60 lot acres
    Property type
    Land

    Description

    This exceptional 10.6-acre commercial land parcel in Kit Carson, Colorado, presents a unique development opportunity. Strategically located at the intersection of Highways 287/40 and Highway 59, this site boasts significant traffic volume. Highway 287/40, a major east-west artery, sees an impressive 4,900 Annual Average Daily Traffic (AADT), while Highway 59 registers 710 AADT. This high traffic count, particularly the heavy truck traffic on Highway 287/40, makes this location ideal for businesses catering to the trucking industry. The property is situated in both an Enhanced Enterprise Zone and an Opportunity Zone, offering potential tax advantages. Pre-approved permits and a CDOT letter of approval are in place for the development of a gas station/truck stop, significantly reducing development hurdles. The substantial acreage also allows for additional development, such as a hotel or similar commercial venture. The asking price for this prime commercial land is $525,000. This is a rare chance to capitalize on a high-traffic location with existing approvals, making it an attractive investment in a growing area. The property is located on Grand St, Kit Carson, CO 80825.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Kit Carson
    County
    Cheyenne
    State
    Colorado
    Longitude
    -102.8
    Latitude
    38.7635
    More about this property
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