Property profile

116 Cottonwood Ave Canon City, CO 81212

OFF-MARKET
Medical Office Space
Property ID
US13-1067000
716 SF 0.44 ac lot Built 1904
Individually Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The commercial property is located on the corner of State Highway 50 and Cottonwood Avenue and is configured on a level site. The property occupies a 19,200-square-foot (0.44-acre) lot and is zoned for general commercial use, supporting a range of business activities including automotive and trailer sales, professional offices, and restaurants. The improvements include an updated office building, a new auxiliary building, and a detached studio building, and there is freestanding signage designed to support visibility along the roadways.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1904
Total area 716 SF
Lot 0.44 ac (19,200 SF)
APN 12004930
UPID US13-1067000

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

116 Cottonwood Ave Canon City, CO 81212-3910
Canon City metro Census 978400 CANON CITY, CO MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2023
Last sale
$265,000
4 recorded transactions
2023
$265,000
2021
Price N/A
2017
$95,000
2006
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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