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Property profile & analytics
OFF-MARKET Estimated value $3,075,000
Commercial real estate

575 Colorado Ave Limon, CO 80828-2215

144 SF 6.15 ac lot Built 1992
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US13-2095700
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving Class B RV park in Limon, Colorado. Located conveniently off Interstate 70 at 575 Colorado Ave, Limon, CO 80828, this established business boasts 67 units, including 57 RV pads, spread across 6.146 acres. The property includes four buildings constructed in 1997, totaling 2,598 square feet. Amenities are plentiful and include cabins, a swimming pool, a three-bedroom home, a manager's apartment, a detached garage, and additional outbuildings. Currently operating as a KOA campground, this property enjoys high occupancy throughout the peak season and offers significant potential for increased off-season revenue through additional monthly rentals. The asking price is $3,492,500, representing a compelling value-add investment opportunity in a prime location with strong existing cash flow and substantial upside potential. This well-maintained property is ready for a new owner to continue its success and capitalize on the growing demand for RV camping. The property's location on I-70 ensures high visibility and easy access for travelers. This is a turnkey operation with established infrastructure and a proven track record.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1992
Construction LOG
Total area 144 SF
Lot 6.15 ac (267,720 SF)
APN 258516201001
UPID US13-2095700
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
  • Limon KOA Journey Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.92M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.08M
Owner & transaction history
575 Colorado Avenue Investments LLC · 3 yrs held
575 Colorado Avenue Investments LLC
since 2022
Last sale
$3.2M
3 recorded transactions
2022
$3.2M
2018
$90,000
2005
$438,750
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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