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Property profile & analytics
OFF-MARKET
Land

305 Bennett Ave Cripple Creek, CO 80813

2.25 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.25-acre commercial land parcel presents a unique development opportunity in the heart of Cripple Creek, Colorado. Located just west of the central business district, this property boasts BB Neighborhood Mixed Use zoning, allowing for versatile development options. The site offers convenient access to utilities, a significant advantage in this area. With its proximity to ten casinos and a large gold mine employing 700 people, this location benefits from a robust workforce and significant tourism. The property's potential includes a 108-unit apartment complex, aligning with the moderate-density zoning and the area's need for workforce housing. Cripple Creek's designation as the county seat of Teller County and its participation in Proposition 123, the Colorado Affordable Housing Financing Fund, further enhances the investment potential. This is a rare chance to build in a historic town experiencing growth and situated amidst the stunning Colorado Rockies. The property is situated at 305 W Bennett Ave, Cripple Creek, CO 80813. This location offers a blend of residential and commercial possibilities, making it an exceptional investment opportunity in a thriving community. The property's address is 305 W Bennett Ave, Cripple Creek, CO 80813.

Property profile
Verified
Property type Land
Lot 2.25 ac (98,010 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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