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Property profile & analytics
OFF-MARKET
Commercial real estate

707 Elberta Ave 101 Palisade, CO 81526-8806

2,041 SF Built 1996
Individually Owned 7-yr Hold Free & Clear
Property ID
US13-2214074
Property summary
AI-generated overview

This exceptional commercial property, located at 707 Elberta Avenue Unit 102 in Palisade, Colorado, presents a compelling investment or owner-user opportunity. The 3,742 square foot building boasts a prime corner location, offering unparalleled visibility and accessibility. Its strategic placement provides direct access to Interstate 70 and Highway 6, ensuring high traffic volume and excellent exposure to a diverse customer base. The building is well-maintained and currently occupied by a tenant, generating immediate income potential. This presents a unique chance to acquire a stable, income-producing asset in a thriving Colorado community. The property's location offers significant advantages for a variety of commercial uses, making it an attractive investment for both seasoned investors and first-time buyers. The substantial square footage allows for flexibility in layout and adaptation to various business needs. Given its location and current occupancy, this property is poised for continued success and strong return on investment. Serious inquiries are encouraged. Please note that the property is currently occupied

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 1996
Construction WOOD
Total area 2,041 SF
APN 2937-093-42-001
UPID US13-2214074
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
  • Palisade Pharmacy Pharmacy
  • Little Blossoms Early Learning Center Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
James Saibel · 7 yrs held
James Saibel
since 2018
1 recorded transaction
2018
$360,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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