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Property profile & analytics
FOR SALE
Manufacturing properties

501 Us Highway 285 Fairplay, CO 80440

3,500 SF 0.16 ac lot Built 2004
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US13-1595286
Property summary
AI-generated overview

This exceptional commercial property, situated on a prominent 0.16-acre lot at 501 US Highway 285 in downtown Fairplay, Colorado, presents a prime investment opportunity. The property boasts a total of 3,500 square feet of versatile space, ideally suited for a variety of commercial uses. The layout includes two separate office/retail/showroom spaces, each measuring 500 square feet and equipped with a handicapped-accessible bathroom. These spaces are perfect for businesses requiring client interaction and display areas. In addition, a substantial 2,500-square-foot manufacturing/warehouse space offers ample room for storage, production, or light industrial operations. This area features convenient overhead doors, 220-volt power, and efficient ventilation systems. Plumbing is already in place for a third bathroom, adding to the property's functionality. The warehouse space also offers the potential for division into two separate units, providing increased flexibility for future tenants or expansion. The property benefits from tremendous highway exposure, ensuring high visibility and accessibility for customers. Furthermore, the Colorado Department of Transportation (CDOT) is currently installing sidewalks directly in front of the property, enhancing pedestrian access and further improving its appeal. This well-maintained property represents a rare opportunity to acquire a versatile and strategically located commercial space in the thriving town of Fairplay.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2004
Total area 3,500 SF
Lot 0.16 ac (7,144 SF)
APN R0045904
UPID US13-1595286
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
  • South Park Beauty Company Hair Salon Nail Salon
  • T Scholl Fine Woodworks General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$615k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$630k
Owner & transaction history
Acl Real Estate LLC · 4 yrs held
Acl Real Estate LLC
since 2022
Last sale
$649,000
2 recorded transactions
2024
Price N/A
2022
$649,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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