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Property profile

520 Zerex St Fraser, CO 80442

OFF-MARKET
Office Spaces
6,120 SF 0.66 ac lot Built 1983
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 6,120 square foot office building situated on a 0.66-acre corner lot in the vibrant Riverwalk District of Fraser, Colorado. The property boasts a highly desirable location on US Highway 40, ensuring excellent visibility and accessibility. The building's current tenants include the United States Post Office, providing a stable and reliable income stream, and an automotive mechanic shop, adding to the property's diverse revenue potential. The Riverwalk District is known for its high density, walkable environment, and mixed-use development, creating a thriving commercial atmosphere. This prime location offers significant advantages for both current and future tenants, attracting a wide range of businesses and customers. The property's strategic placement on a corner lot provides ample space and easy access for both vehicular and pedestrian traffic. This presents a rare chance to acquire a well-established, income-generating property in a rapidly growing area. The building's size and layout are well-suited for a variety of commercial uses, offering flexibility for future development and expansion. The asking price for this exceptional investment opportunity is $2,000,000. This represents a strong return on investment given the current tenant occupancy and the property's prime location within a thriving commercial district. Don't miss this chance to secure a valuable asset in the heart of Fraser, Colorado.

Property profile

Verified
Property type Office Spaces
Year built 1983
Total area 6,120 SF
Lot 0.66 ac (28,750 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

520 Zerex St Fraser, CO 80442
Fraser metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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