Property summary
This exceptional 5,810 square foot commercial property at 232 W Colorado Avenue in Telluride, Colorado, presents a unique redevelopment opportunity. Situated on a 0.07-acre lot, the property boasts approved Tommy Hein architectural plans and a building permit, significantly streamlining the development process. The approved plans include a stunning penthouse residence featuring approximately 360-degree panoramic mountain views. This penthouse is designed for luxurious living with three… bedrooms, three and a half bathrooms, a rooftop dining area, a hot tub, a bar, and expansive outdoor living spaces perfect for entertaining. In addition to the residential component, the commercial space offers a significant income stream with ten offices, three bathrooms, and a conference room. The commercial space currently benefits from an excellent, existing full-time tenant. Architectural drawings are available upon request, providing a comprehensive understanding of the approved design and specifications. Priced at $9,500,000, this property represents a rare chance to acquire a high-value asset in a desirable location with significant upside potential. The combination of residential and commercial space offers a unique investment opportunity in the heart of Telluride. Don't miss this chance to own a piece of Telluride's vibrant landscape.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight