Nwc Centennial Dr & Parish Ave Johnstown, CO 80534
This exceptional 1.74-acre commercial lot presents a remarkable investment opportunity in the thriving town of Johnstown, Colorado. Strategically situated at the Northwest corner of Centennial Drive and Parish Avenue, this property boasts unparalleled visibility and accessibility. Its prime location directly adjoins the newly constructed Johnstown City Hall and Police Department, ensuring high daily traffic and prominent exposure to a substantial population base. Across the street sits the YMCA community center, further enhancing the property's desirability and attracting a diverse clientele. The zoning allows for a variety of commercial and multifamily developments, providing flexibility for a wide range of potential uses. This versatility makes it an ideal site for businesses seeking a high-traffic location with strong community ties. The possibilities are numerous, including, but not limited to, a coffee shop, gas station, or other retail establishments that would benefit from the high visibility and convenient access. The one square foot building size indicates the land is primarily undeveloped, offering a blank canvas for a new construction project. This presents a unique chance to build a property tailored to specific business needs, maximizing return on investment. Given its location and zoning, this property is poised for significant growth and represents a compelling opportunity for discerning investors seeking a prime commercial location in a rapidly developing area. The asking price reflects the exceptional value and potential of this remarkable site.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.