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    602 Cedar St Hudson, CO 80642
    Property profile & analytics

    602 Cedar St, Hudson, CO 80642

    View on Map
    • Retail space
    • 4,163 SF
    • 0.11 lot acres
    For Sale
    $650,000
    View Listing →
    Versatile Commercial Building in Hudson For Sale
    $650,000
    4,163 SF

    Versatile Commercial Building in Hudson

    4,100+ sq ft commercial building in fast-growing Hudson, Colorado.

    602 Cedar Street, Hudson, CO 80642
    View Listing
    Property ID
    US13-1135476
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 602 Cedar St

    Year built
    1966
    Lot size
    0.11 lot acres
    Property type
    Retail space
    APN
    R6334286
    APU
    R6334286

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 2, 2026 $580,000 Sipola Eugene Mcintosh Farm Co Lllp Special Warranty Deed —
    Mar 21, 2018 $385,000 Mcintosh Farm Co Lllp Nikko Cucina LLC Warranty Deed —

    Description

    This exceptional 4,163 square foot retail property at 602 Cedar Street in Hudson, CO, presents a unique investment opportunity on a 0.12-acre lot. Currently configured for retail, this versatile space offers significant potential for redevelopment into a brewery, restaurant, or office space. The property includes existing commercial kitchen equipment, such as storage coolers, a freezer, walk-in refrigerators, and a kitchen hood – ideal for a food and beverage establishment. A workshop and separate office space are conveniently located off the main showroom area. The rear room offers the possibility of conversion into living quarters, subject to compliance with all applicable building codes and ordinances. Security features are robust, including heavy, custom steel vault doors on three entrances and substantial exterior walls providing excellent insulation and security. Recent renovations have significantly upgraded the property, featuring new ceiling tiles, fresh paint, energy-efficient LED lighting, durable Earth Works LVT commercial flooring, attractive wainscoting, cedar walls in the showroom, and high-security window coverings. The back bathroom boasts a stylish natural stone tile and marble sink. Priced at $730,000, this property offers a compelling blend of existing infrastructure and redevelopment potential in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hudson
    County
    Weld
    State
    Colorado
    Longitude
    -104.644
    Latitude
    40.0734
    CBSA code
    24540
    CBSA name
    GREELEY, 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
    $8,757
    $11,430
    $104,720
    $116,150
    -
    $40,950
    $375,350
    $416,300

    Comparable in this City

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      4,383 SF

      609 Cedar St

      RETAIL STORES (PERSONAL SERVICES)
      609 Cedar St, Hudson, CO 80642-5050
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    • Value Estimation
      $775,000
      4,880 SF

      630 Cedar St

      RETAIL STORES (PERSONAL SERVICES)
      630 Cedar St, Hudson, CO 80642-5050
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    • Value Estimation
      $540,000
      3,748 SF

      650 Birch St

      RETAIL STORES (PERSONAL SERVICES)
      650 Birch St, Hudson, CO 80642-5045
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    • Value Estimation by Request
      2,229 SF

      751 Main St

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      751 Main St, Hudson, CO 80642-5008
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    • Value Estimation
      $650,000
      5,531 SF

      701 7th Ave

      RETAIL STORES (PERSONAL SERVICES)
      701 7th Ave, Hudson, CO 80642-5078
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,163 SF

      Versatile Commercial Building in Hudson

      4,100+ sq ft commercial building in fast-growing Hudson, Colorado.
      602 Cedar St, Hudson, CO 80642
      View Details
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      40 Acres Heavy Industrial Yard

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    View Listing
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    Hudson, CO 80642
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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