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    FOR SALE
    Commercial land

    8355 Wellington Blvd, Wellington, CO 80549

    0.82 ac lot
    Entity Owned Free & Clear
    Property ID
    US13-2270290
    Property summary
    AI-generated overview

    This exceptional 0.817-acre (35,581 sq ft) commercial lot in Wellington, Colorado, presents a remarkable investment opportunity. Located at 8355 Wellington Blvd, this permit-ready property boasts high visibility on Cleveland Avenue, offering easy access to I-25 (2 minutes away) and the new Wellington Middle-High School (1 minute away), projected to have 1200-1500 students by Fall 2024. Zoned C-3, it allows a wider range of uses than the downtown C-2 zoning, including grocery stores, childcare facilities, personal services businesses, print shops, retail shops, and drive-thru establishments. All utilities are readily available at the lot, featuring existing curb cuts. This lot is particularly attractive due to its proximity to the growing downtown area and its potential to serve the expanding community's needs. The asking price is $213,486, translating to $6 per square foot. This property is part of the Meridian First Subdivision, with a few remaining lots available. Lot 2 can be combined with the adjacent Lot 3 (36,621 sq ft) to create a larger development. The APN is R1668592. This is a rare chance to acquire a strategically located, fully-serviced lot in a thriving Colorado community.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.82 ac (35,589 SF)
    APN 89332-14-002
    UPID US13-2270290
    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
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    Owner & transaction history
    MERIDIAN TRUST FEDERAL & CREDIT UNION
    MERIDIAN TRUST FEDERAL & CREDIT UNION
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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