29793 Ruby Rnch Rd Evergreen, CO 80439
This exceptional investment opportunity encompasses two contiguous parcels totaling 4.623 acres in Evergreen, Colorado, located at 29793 & 29833 Ruby Ranch Road, Jefferson County, zip code 80439. The property boasts unparalleled visibility from Highway 40 and Interstate 70, ensuring high traffic exposure. The land is comprised of two distinct parcels: a 1.784-acre parcel zoned RC-1 and Agricultural, featuring a duplex with 3,105 square feet, four bedrooms, three and a half bathrooms, a study, and two kitchens; and a 2.839-acre parcel zoned C-1, which includes a log cabin-style office building with a partial walkout basement. The office building offers 960 square feet on the main level, three offices, a small kitchen, and a half bath. The basement provides an additional three-quarter bathroom and a workshop area. A large concrete deck with a wood railing enhances the property's appeal. Mature trees throughout the property create a picturesque mountain setting. The asking price for both parcels is $2,000,000, with a land value of $492 per square foot. The combined acreage presents significant potential for future redevelopment, while the existing structures offer immediate income-generating possibilities through leasing. This unique offering combines prime location, versatile zoning, and existing income-producing assets, making it an ideal investment for discerning buyers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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