Grand St Kit Carson, CO 80825
- Land
- 10.60 lot acres
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 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
- Kit Carson
- County
- Cheyenne
- State
- Colorado
- Longitude
- -102.8
- Latitude
- 38.7635
