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Property profile & analytics

49348 Us Highway 285 Grant, CO 80448

  • Drug stores
  • 1,500 SF
  • 0.41 lot acres
Value Estimation
Location Intelligence
Property ID
US13-1313566
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Drug stores

Property Details for 49348 Us Highway 285

Year built
1953
Lot size
0.41 lot acres
Property size
1,500 SF
Property type
Drug stores
APN
R0017260
APU
R0017260

Description

This exceptional Grant, Colorado commercial property offers a unique blend of retail and residential space. Situated on a 0.41-acre lot along the scenic North Fork South Platte River, the property features a 4,644 square foot building currently configured as a licensed recreational marijuana dispensary and a duplex. The main commercial building boasts a fully intact commercial kitchen and bar, remnants from its previous life as a restaurant/bar, offering significant versatility for a variety of businesses. The duplex provides comfortable living quarters, ideal for owner occupancy, staff housing, or supplemental rental income. Recent renovations are extensive, including a new roof (2017), updated plumbing and electrical systems (2017), new sheetrock and flooring (2017), a completely redone septic system (2018), and a new well (2020). This turnkey operation presents a rare opportunity to acquire a well-maintained, mixed-use property in a desirable location with significant income potential. The property's prime riverfront location adds to its appeal, offering stunning views and a unique atmosphere. The combination of a thriving business and comfortable living space makes this an attractive investment for both seasoned and aspiring entrepreneurs. The property's modern infrastructure and recent upgrades ensure a smooth transition for any new owner. This is a truly remarkable opportunity to own a versatile and profitable commercial property in a picturesque setting.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $240,000
  • CAP approach

    CAP return
    Estimation
    6%
    $185,000
    6.5%
    $195,000
    7%
    $175,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $175,000
    Geo Method
    $200,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $170,000
    Retail
    $165,000
    Mixed-Use
    $195,000
    Hospitality
    $160,000
    Educational
    $195,000
    Residential Income
    $200,000
    Energy
    $160,000
    Income-Based Land
    $150,000
    Food Service
    $200,000

Location Insight

  • Map
  • Local Demand
City
Grant
County
Park
State
Colorado
Longitude
-105.666
Latitude
39.4598
CBSA code
19740
CBSA name
DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,974
$27,736
$147,939
$175,675
-
$95,641
$510,136
$605,777
More about this property
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