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Property profile & analytics
FOR SALE
Commercial real estate

3232 Independence Rd Canon City, CO 81212

1.5 ac lot
Property ID
US13-1173361
Property summary
AI-generated overview

This exceptional 1.5-acre commercial land parcel presents a unique investment opportunity in Cañon City, Colorado. Located at 3232 Independence Road, zip code 81212, this property boasts a highly desirable General Commercial zoning designation, opening doors to a wide array of development possibilities. The strategic location within an Urban Renewal Area provides significant advantages, including eligibility for Tax Increment Financing (TIF). TIF can substantially offset development costs, making this an even more attractive proposition for investors and developers. The property's proximity to key municipal buildings further enhances its appeal. Neighboring properties include the Cañon City Police Department, Cañon City Municipal Court, Fremont County Combined Court, Fremont County Sheriff's office, and the DMV, ensuring high visibility and convenient access to essential services. Utilities are conveniently located at the property line, simplifying infrastructure connections and reducing development complexities. This is a rare chance to acquire a well-situated, commercially zoned lot in a thriving Colorado community, offering substantial potential for growth and return on investment. The asking price for this exceptional property is $653,400.

Property profile
Verified
Property type Commercial real estate
Lot 1.5 ac (65,340 SF)
UPID US13-1173361
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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