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Property profile & analytics
OFF-MARKET
Commercial land

675 5th St Calhan, CO 80808-8748

0.46 ac lot
Trust Owned 10-yr Hold Free & Clear
Property ID
US13-1336270
Property summary
AI-generated overview

This exceptional commercial property, situated on a prominent corner lot in the heart of Calhan, Colorado, presents a unique investment opportunity. The 0.13-acre lot offers significant visibility and accessibility, ensuring high traffic exposure for any business. Currently operating as a well-established automotive repair shop, the building is equipped with numerous extras, ideal for a seamless transition or continued operation in the same industry. The property's central location within Calhan guarantees a strong customer base and ample opportunities for growth. The building itself offers considerable potential for various commercial uses, given its prime location and existing infrastructure. While the exact square footage is not currently specified, the substantial size of the building is evident from its current use as a fully functional automotive repair facility. The property's land usage is designated as "special purpose" according to the assessor's records, and there is no zoning information available. This presents flexibility for a wide range of potential commercial ventures. The asking price of $350,000 represents a compelling investment opportunity in a thriving Colorado community. This property is ready for immediate occupancy and offers a rare chance to acquire a well-positioned commercial space with significant upside potential. Don't miss this chance to own a piece of Calhan's vibrant commercial landscape.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.46 ac (20,250 SF)
APN 2202123001
UPID US13-1336270
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
  • D & C Services Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Enix,earl A Trust · 10 yrs held
Enix,earl A Trust
since 2015
1 recorded transaction
2015
$33,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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