294 W Howell St Vona, CO 80861
- Warehouses
- 2,000 SF
- 1.10 lot acres
Current Use by Public Records
- Warehouses
Property Details for 294 W Howell St
- Year built
- 2021
- Construction
- WOOD
- Lot size
- 1.10 lot acres
- Property size
- 2,000 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 60105003
- APU
- 60105003
Description
This exceptional investment opportunity presents a 20-unit retail complex located at 294 Howell St, Vona, CO 80861. Built in 2021, this property boasts a total of 1,000 square feet (20 units x 50 sq ft each) and sits on a substantial 1.1-acre lot (48,000 square feet), offering significant room for expansion. Currently, the occupancy rate is 50%, presenting a clear path for increased revenue generation. The property is zoned for residential use (Res) and is currently operating as a multi-tenant retail space with a gross lease structure. The asking price is $190,000. Strategically located just two hours east of Denver, Colorado, on I-70 at Vona Mile Marker 412, this property benefits from convenient access to major transportation routes. The large lot size provides ample space for future development or expansion of the existing retail units, catering to the growing needs of the community. This property is ideal for investors seeking a strong return on investment in a rapidly developing area. The existing structure provides immediate cash flow, while the significant land area offers substantial long-term growth potential. This is a rare opportunity to acquire a well-located, income-producing property with significant upside.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vona
- County
- Kit Carson
- State
- Colorado
- Longitude
- -102.746
- Latitude
- 39.3037