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Property profile & analytics
OFF-MARKET
Commercial real estate

250 1st St Parachute, CO 81635

0.36 ac lot Built 1981
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US13-1695217
Property summary
AI-generated overview

This exceptional commercial property, situated at 250 1st Street in the heart of Parachute, Colorado's Old Town Center, presents a compelling investment opportunity or a perfect space for an established business. The building encompasses a substantial 15,850 square feet and is configured as a five-unit property, offering significant flexibility and diverse commercial usage potential. Its central location within the Old Town Center zoning district ensures high visibility and accessibility, making it an ideal spot for a variety of businesses. The property sits on a lot with no acreage specified, focusing its value on the substantial building itself. Priced at $769,000, this property represents a rare chance to acquire a well-positioned commercial asset in a thriving Colorado community. The five-unit structure allows for multiple income streams or the possibility of consolidating the space for a single, large-scale operation. Investors will appreciate the potential for strong returns, while business owners will find the adaptable layout and prime location highly advantageous. This is a unique opportunity to establish or expand a commercial presence in a dynamic and growing area. Serious inquiries are encouraged to explore the full potential of this remarkable property.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1981
Construction METAL FRAME
Lot 0.36 ac (15,850 SF)
APN 240912414008
UPID US13-1695217
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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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
ALATORRE LEONARDO ALICIA · 6 yrs held
ALATORRE LEONARDO ALICIA
since 2020
Last sale
$270,000
1 recorded transaction
2020
$270,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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