801 1St St Akron, CO 80720
This exceptional 0.59-acre commercial land parcel presents a unique investment opportunity in the heart of Akron, Colorado. Located at 801 E 1st St, this property boasts excellent visibility due to its highway 34 frontage. The lot, comprised of two combined parcels, measures approximately 160 feet by 160 feet, offering ample space for a variety of development projects. The property's "C Residence" zoning designation provides considerable flexibility, allowing for diverse uses including single or multi-family dwellings, apartments, daycare centers, physician offices, churches, and various other businesses. This versatility makes it an attractive option for both residential and commercial developers seeking a strategic location. Infrastructure is already in place with existing water and sewer taps readily available, simplifying the development process and reducing upfront costs. The property's central Akron location ensures easy access to local amenities and transportation routes, making it an ideal site for a thriving business or residential community. This is a rare opportunity to acquire a well-situated, versatile land parcel in a growing Colorado town. The asking price is $130,000. Don't miss this chance to secure a prime piece of Akron real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.