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Property profile & analytics
OFF-MARKET
Retail space

257 Sherman St Ridgway, CO 81432-8722

3,136 SF 0.51 ac lot Built 2006
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US13-1318947
Property summary
AI-generated overview

This exceptional mixed-use property in Ridgway, Colorado, presents a unique investment opportunity. Located at 257 Sherman Street, this 9,995 square foot building sits on a 0.51-acre lot at the strategic intersection of CO 550 and CO 62, offering unparalleled visibility and accessibility. Currently generating positive cash flow from four established tenants, this property is an ideal choice for investors seeking long-term capital appreciation. The building boasts over 28 parking spaces, a significant advantage in this vibrant town. Constructed with high-quality materials, including copper gutters and windows, the architecture reflects Ridgway's rich history. The current zoning allows for a variety of uses, including office, retail, and dining establishments, providing flexibility for future development and expansion. This offering represents a 50% ownership stake

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2006
Total area 3,136 SF
Lot 0.51 ac (22,346 SF)
APN 430516322002
UPID US13-1318947
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
Current use
Occupant on record · Public records
  • TheraTogs Industrial Manufacturer Production Facility
  • River Peak Dental Dental Office
  • Coldwell Banker Distinctive Properties Real Estate Agency
  • Ouray Brokers Serving ALL of Ouray County Real Estate Agency
  • Rainbow Accounting Services LLC Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Exodus LLC · 10 yrs held
Exodus LLC
since 2016
4 recorded transactions
2025
Price N/A
2018
Price N/A
2016
Price N/A
2015
$600,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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