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Property profile & analytics
FOR SALE
Medical Office Space

320 S Santa Fe Ave Fountain, CO 80817

3,208 SF 0.39 ac lot Built 1985
Entity Owned 29-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US13-0717093
Property summary
AI-generated overview

This 3,208-square-foot Class B medical office building in Fountain, Colorado, is situated on a 17,030-square-foot lot at 320 S Santa Fe Ave, 80817. Priced at $795,000 ($247.82/sq ft), it presents a compelling owner-user opportunity. The property features high visibility along a main thoroughfare leading from I-25 to downtown Fountain, with enhanced accessibility anticipated this year due to city improvements. The building is currently multi-tenant, with 1,000 square feet leased to a state entity on a short-term basis (through May) and 2,000 square feet vacant. The vacant space, previously a dental office for over 30 years, is move-in ready for a similar practice or other suitable uses, such as a daycare or animal hospital. This flexible layout allows for owner-occupancy with supplemental income from the existing lease or long-term rental income from the front space. The modified lease structure provides a unique opportunity to plan renovations coinciding with the lease expiration in the spring. This property offers a blend of immediate income potential and long-term growth prospects in a thriving Colorado community.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,208 SF
Lot 0.39 ac (17,030 SF)
Zoning code C-2
APN 5606414009
UPID US13-0717093
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
  • Dr. Doxiades A. Hill, DDS Dental Office
  • New Beginnings Dental Center Dental Office
  • CO SCOPE Research Institute
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
High Noon Enterprises
High Noon Enterprises
1 recorded transaction
1969
Price N/A
Zoning & alternative use
C-2 · Fountain, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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