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Property profile & analytics
FOR LEASE
Commercial land

1116 W Dillon Rd Louisville, CO 80027

11,751 SF 1.03 ac lot Built 2000
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US13-2604195
Property summary
AI-generated overview

The Village Shops at Colony Square presents a unique investment opportunity in a brand new, high-visibility retail center located at the intersection of US 36 and McCaslin Boulevard. Estimated delivery is Q1 2025. This development offers a broad range of unit sizes, accommodating various business needs, with options up to 11,202 square feet spread across two buildings. Restaurant spaces are available, featuring pre-installed grease traps and the potential for outdoor patio areas. Attractive negotiable improvement allowances are offered to prospective tenants. Ample parking is provided with 73 onsite spaces, and prominent monument signage opportunities are available. The property benefits from a high traffic count, with McCaslin Boulevard at Dillon Road boasting 39,882 vehicles daily (based on a 2021 CoStar MPSI estimate). The Village Shops at Colony Square enjoys a strong tenant mix, with neighboring businesses including Mile High Pho, Emoji Tea House, Parma Trattoria & Mozzarella Bar, Block Advisors, State Farm, Mother Tucker Brewery, Hana Japanese Bistro, Instant Imprints, Fringe Hair Studio, East-West Wellness, Phuket Thai, Regal Cinebarre Boulder, and a Quality Inn, ensuring a vibrant and established commercial environment. This development offers an exceptional opportunity for businesses seeking a prime location with high visibility and strong surrounding demographics.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 2000
Construction BRICK
Total area 11,751 SF
Lot 1.03 ac (44,997 SF)
Zoning code 2112
APN 1577-13-0-10-002
UPID US13-2604195
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
AI Approach AI
$4.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.70M
Blend (final) Blend
$4.00M
Owner & transaction history
Mg Colony Square LLC · 2 yrs held
Mg Colony Square LLC
since 2024
Last sale
$4.0M
2 recorded transactions
2024
Price N/A
1969
Price N/A
Zoning & alternative use
2112 · Louisville, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $5.0M +27.4%
Restaurant $4.4M +11.9%
Retail stores $4.3M +8.4%
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