5801 Hwy Leadville, CO 80461
- Commercial real estate
- 35.38 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5801 Hwy
- Year built
- 1880
- Lot size
- 35.38 lot acres
- Property type
- Commercial real estate
Description
This exceptional 35.38-acre commercial property located at 5801 Hwy 24, Leadville, CO, presents a unique investment opportunity. Boasting a rich history dating back to 1860, the property, originally known as Elkhorn Ranch, played a vital role in supporting the Leadville Mining District's boom. The ranch's structures, built by the Hayden family and later used for US Army Cavalry horse breeding, offer significant historical character. While currently in disrepair, the buildings represent substantial potential for adaptive reuse. The property's expansive acreage provides ample room for various commercial ventures, capitalizing on its strategic location near popular ski resorts like Aspen and Vail. The property's history reflects the economic shifts of the region, from the silver mining boom to the subsequent agricultural and later tourism-driven economies. Consider the possibilities for redevelopment, leveraging the property's historical significance and prime location in the vibrant Leadville area. The adjacent lot's previous condominium development plans highlight the area's potential for residential or mixed-use projects. This is a rare chance to acquire a substantial piece of Colorado history with significant upside potential. The asking price is $999,900.
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
- Leadville
- County
- Lake
- State
- Colorado
- Longitude
- -106.306
- Latitude
- 39.2462
