305 Bennett Ave Cripple Creek, CO 80813
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.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
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.