575 Colorado Ave, Limon, CO 80828-2215
- Commercial real estate
- 144 SF
- 6.15 lot acres
Current Use by Public Records
- Limon KOA Journey / Campground & RV Park
Property Details for 575 Colorado Ave
- Year built
- 1992
- Construction
- LOG
- Lot size
- 6.15 lot acres
- Property type
- Commercial real estate
- APN
- 258516201001
- APU
- 258516201001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 30, 2022 | $3,175,000 | 575 Colorado Avenue Investments LLC | Roger M Guzman | Special Warranty Deed | $2.3M · First Fidelity Bank |
| May 3, 2018 | $90,000 | Roger M Guzman | Paul R Steiner | Warranty Deed | $900k · Independence Bank |
| Apr 4, 2005 | $438,750 | Paul R Steiner | Christopher D Steward | Warranty Deed | $435k · Independence Bank |
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,035,000
- ML approach
- $2,915,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Limon
- County
- Lincoln
- State
- Colorado
- Longitude
- -103.673
- Latitude
- 39.266
