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Property profile & analytics
OFF-MARKET
Commercial real estate

600 Main St Rangely, CO 81648-3218

8,000 SF 0.54 ac lot Built 2009
Entity Owned 14-yr Hold Free & Clear
Property ID
US13-2106158
Property summary
AI-generated overview

This exceptional redevelopment opportunity presents a vacant, 8,112-square-foot freestanding retail building situated on a 0.54-acre lot at 600 E Main St, Rangely, CO 81648. Built in 2010, this former Family Dollar store boasts an open floor plan with convenient rear/side access for deliveries. The property benefits from high visibility with 173 feet of frontage on Main Street, experiencing approximately 5,049 vehicles per day. Its Town Center Commercial (TCC) zoning allows for flexible adaptive reuse or repositioning, catering to a variety of commercial uses. The property includes 22 parking spaces, with two designated as ADA accessible. Nearby amenities include Kum & Go, USPS, Conoco, Dollar General, Ace Hardware, and True Value, enhancing its appeal and potential for attracting tenants. The auction, with no reserve, will take place November 18-20, 2024. This presents a significant value-add opportunity at a substantial discount below replacement cost. The property is currently vacant, with an occupancy date of October 1, 2024. Its strategic location in Rangely, CO, offers access to a community-oriented atmosphere and proximity to essential services, schools, and recreational areas. The property's high visibility and convenient access along US Highway 64 further enhance its attractiveness to potential tenants. This is a unique chance to acquire a well-located retail space in a growing community at an unprecedented price.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2009
Construction STEEL FRAME
Total area 8,000 SF
Lot 0.54 ac (23,355 SF)
APN 139301203010
UPID US13-2106158
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Arc Fdrgyco001 LLC · 14 yrs held
Arc Fdrgyco001 LLC
since 2012
Last sale
$232,500
4 recorded transactions
2012
$769,200
2011
Price N/A
2009
$75,000
2005
$27,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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