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    Property profile & analytics

    532 Gregory St Central City, CO 80427

    • Office Properties & Spaces
    • 1,830 SF
    • 0.64 lot acres
    For Sale
    View listing
    $1,000,000
    Value Estimation
    Location Intelligence
    Property ID
    US13-1024281
    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

    • Office Properties & Spaces

    Property Details for 532 Gregory St

    Year built
    1870
    Lot size
    0.64 lot acres
    Property size
    1,830 SF
    Property type
    Office Properties & Spaces
    APN
    1835-124-01-077
    APU
    183512401077

    Description

    This exceptional 3.46-acre mixed-use property in Central City, Colorado, presents a unique investment opportunity. Located on Gregory Street, the site boasts prime frontage zoned for gaming, commercial, and residential development, capitalizing on the area's thriving tourism and gaming industries. The property includes four fix-up houses and a large outbuilding, offering immediate potential for rental income or redevelopment. With 20 existing parking spaces, the site is well-positioned to accommodate a variety of uses, from casinos and restaurants to retail spaces and residential housing. The location is highly desirable, situated on the main strip leading through historic Central City, near the Black Hawk/Central City border in Gilpin County. The property's rich history, dating back to the 1859 gold rush, adds to its allure. While previous plans for a large casino exist, they are not guaranteed, and any development will require collaboration with the Central City Planning department. Buyers are responsible for verifying all information and obtaining necessary permits. The property offers convenient access to major transportation routes, being just 30 minutes from the metro area, an hour from the airport, and within a short drive of numerous recreational activities, including world-class skiing. This is a rare chance to acquire a substantial parcel in a booming market with diverse development possibilities. The asking price is $1,000,000. The APN is Multiple and ownership is held by a corporation. The legal descriptions for all parcels are available upon request.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Central City
    County
    Gilpin
    State
    Colorado
    Longitude
    -105.501
    Latitude
    39.8007
    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
    $10,052
    $77,280
    $3,980
    $81,260
    -
    $277,000
    $14,280
    $291,280

    Comparable in this City

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    • Value Estimation
      $2,095,000
      1,235 SF

      430 Gregory St

      OFFICE (GENERAL) • 1,235 SF
      430 Gregory St, Central City, CO 80427
      View Details

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    532 Gregory St
    Central City, CO 80427
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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