Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    86 State Hwy Elizabeth, CO 80107

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    86 State Hwy Elizabeth, CO 80107

    View on Map
    • Retail properties & Spaces
    • 53,678 SF
    • 1.20 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 86 State Hwy

    Lot size
    1.20 lot acres
    Property size
    53,678 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Land

    Description

    This exceptional commercial real estate opportunity presents prime retail and land parcels for sale in the thriving Wild Pointe Ranch Marketplace, Elizabeth, Colorado. Located at State Highway 86, zip code 80107, these build-ready lots range from 1.2 to 5 acres, offering a flexible footprint of 53,678 to 217,800 square feet. The land is zoned P.D. Commercial/Retail, allowing for a variety of uses including fast food, banking, medical facilities, restaurants, retail stores, automotive services, and daycare centers. The land value ranges from $12 to $18 per square foot. This development boasts a strategic location, benefiting from its proximity to major national tenants such as Walmart, McDonald's, Taco Bell, Anytime Fitness, Murphy USA, Brakes Plus, and Ziggi's Coffee. The site's adjacency to Legacy Academy, a school with over 415 students, presents a unique opportunity for a daycare facility. Furthermore, its location near the new Gold Creek Valley Subdivision and Legacy Village Community ensures a strong customer base and high visibility. All public improvements are complete, making these lots immediately available for development. This is an ideal investment for developers seeking a high-growth area with established infrastructure and strong tenant demand. The property offers excellent access to regional shopping and commuter services, making it a highly desirable location for businesses of all sizes.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth
    County
    Elizabeth
    State
    Colorado
    Longitude
    -104.597
    Latitude
    39.3603

    Comparable in this City

    • Value Estimation by Request
      35.00 Acres

      3078 Co Rd

      Land • 35.00 Acres
      3078 Co Rd, Elizabeth, CO 80107
      View Details
    • Value Estimation by Request
      158.00 Acres

      33784 County Road 21

      Land • 158.00 Acres
      33784 County Road 21, Elizabeth, CO 80107
      View Details
    • Value Estimation by Request

      39848 Swift Creek Cir

      Farms
      39848 Swift Creek Cir, Elizabeth, CO 80107
      View Details
    • Value Estimation by Request

      799 Xrd Cir

      Land
      799 Xrd Cir, Elizabeth, CO 80107
      View Details
    • Value Estimation by Request
      2.00 Acres

      Nec Of Hwy 86 & Crk 13

      Land • 2.00 Acres
      0 Nec Of Hwy 86 & Crk 13, Elizabeth, CO 80107
      View Details
    • Value Estimation by Request
      0.65 Acres

      771 Xrd Cir

      Land • 0.65 Acres
      771 Xrd Cir, Elizabeth, CO 80107
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale

      Land available for sale in Elizabeth, Colorado.
      State Hwy 86, Elizabeth, CO 80107
      View Details
    • $470,000

      20 Acres of Natural Beauty

      20-acre property with meadows, woodlands, and water rights.
      2 Paradise Cir, Elizabeth, CO 80107
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land For Rent Elizabeth

      Single tenant land available for rent in Elizabeth, Colorado.
      791 Crossroad Cir, Elizabeth, CO 80107
      View Details
    • Contact for pricing

      Prime Retail Center in Elizabeth

      Retail center in high-traffic area near residential developments.
      210 S Elizabeth St, Elizabeth, CO 80107
      View Details
    • $24 SF/Yr
      14,767 SF

      Gold Creek Shopping Center For Lease

      Gold Creek Shopping Center For Lease
      210-240 S. Elizabeth Street, Elizabeth, CO 80107
      View Details
    • Contact for pricing

      Retail Building in Downtown Elizabeth

      2,400 SF retail building with outdoor storage in Elizabeth, CO.
      125 S Tabor St, Elizabeth, CO 80107
      View Details
    • $24 SF/Yr
      1,552 SF

      Dental Space in Elizabeth, CO

      Second-generation dental space available for rent in Elizabeth, CO.
      117 S Elizabeth St, Elizabeth, CO 80107
      View Details
    • Contact for pricing

      Commercial Land in Elizabeth

      Prime commercial land available for ground lease or build-to-suit.
      34075 County Road 13, Elizabeth, CO 80107
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    86 State Hwy
    Elizabeth, CO 80107
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!