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Property profile & analytics
OFF-MARKET
Specialty properties

2951 Us-50 Cañon City, CO 81212

195,134 SF 190 ac lot Built 1920
Property ID
Property summary
AI-generated overview

The Abbey, a remarkable 190-acre mixed-use campus in Canon City, Colorado, presents a unique investment opportunity. This expansive property, listed at $8,000,000, boasts 195,134 square feet of space across 16 buildings, constructed in 1920. The property's zoning is R-1/C, allowing for a variety of uses. Currently generating income from existing leases with the Department of Corrections, an event center, and a winery, the campus offers significant potential for expansion and diversification. The property includes a working farm, adding to its diverse income streams and stable land value. The campus layout, centered around a quadrangle, creates a cohesive atmosphere ideal for educational, religious, or institutional uses. The Abbey's historical significance and interesting architecture add to its appeal. Conveniently located on US-50, this property offers ample land for future development, capitalizing on the existing infrastructure and income-generating tenants. The property's rich history and versatile layout make it an exceptional opportunity for developers and investors seeking a unique and profitable venture. The existing buildings offer potential for adaptive reuse, while the extensive acreage provides room for expansion and new construction. The combination of existing income streams, agricultural land, and prime location makes this a compelling investment.

Property profile
Verified
Property type Specialty properties
Year built 1920
Total area 195,134 SF
Lot 190 ac (8,276,400 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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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