1230 Big Thompson Ave Estes Park, CO 80517
Property Lookup
Property profile & analytics
1230 Big Thompson Ave Estes Park, CO 80517
- Individual retail properties
- 14,776 SF
- 1.41 lot acres
Property ID
US13-2839255
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Bockelmann Family Chiropractic / Alternative Medicine Practice
- Rocky Mountain Health Club / Gym & Fitness Center
- Estes Park Rock Climbing / Rock Climbing Gym / Rock Climbing Instructor
- Emerald Lake Massage LLC / Alternative Medicine Practice / Spa & Massage Center
- Vert Coworking / Coworking & Hybrid Office
Property Details for 1230 Big Thompson Ave
- Year built
- 1960
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.41 lot acres
- Property size
- 14,776 SF
- Property type
- Individual retail properties
- APN
- 25194-06-001
- APU
- 2519406001
Description
This exceptional Estes Park commercial property presents a lucrative investment or owner-user opportunity. The 14,776 square foot building, situated on a 1.4-acre lot, boasts a prime location on Highway 34, one of the main arteries into town, ensuring high visibility and accessibility for the 4 million annual visitors. Completely renovated in 2021, the two-story building features a new roof (2017) and new paving (2021). Currently 100% occupied by five tenants under a gross lease with a remaining term of 2.5 years (leases expire May 30, 2027, with a commencement date of May 31, 2024), the property generates a strong pro-forma NOI of $125,832 and a pro-forma cap rate of 5.24%. Rent increases are tied to the CPI. The building offers high ceilings, abundant natural light, and 48 parking spaces. The flexible "Commercial Outlying" zoning allows for diverse commercial uses, including retail, restaurant, event center, or even a unique residential conversion. The property enjoys stunning views of the Estes Valley and Continental Divide, is two blocks from Lake Estes, and features a pedestrian/bike path on the property. The expansive lot includes a treed yard and a large back field suitable for events or expansion. The current tenants include a coworking facility, outdoor guide companies (one with an on-site bouldering gym), a chiropractic office, and massage therapists. The sellers are open to negotiating the sale of the coworking facility along with the property. This is a rare opportunity to acquire a high-performing commercial property in a desirable mountain resort town. The asking price is $2,400,000, with a price per square foot of $162.43.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Estes Park
- County
- Larimer
- State
- Colorado
- Longitude
- -105.502
- Latitude
- 40.3831
- CBSA code
- 22660
- CBSA name
- FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$23,501
$128,145
$206,655
$334,800
-
$459,300
$740,700
$1,200,000
