85 Sipprelle Dr Parachute, CO 81635
This exceptional 10,108-square-foot mixed-use building presents a unique investment opportunity in the thriving town of Parachute, Colorado. Located on 0.88 acres at 85 Sipprelle Drive, this two-story structure is currently in shell condition, offering a blank canvas for a wide range of commercial ventures. The property boasts a highly desirable BC zoning classification, permitting a diverse array of uses including retail establishments, restaurants, personal service businesses, and office spaces. Its strategic location directly borders The Shops at Village Center, ensuring high visibility and convenient access to a significant customer base. This prime location offers exceptional potential for businesses seeking a strong foothold in a growing community. The expansive square footage allows for considerable flexibility in design and layout, catering to a variety of business needs and expansion plans. The 0.88-acre lot provides ample space for potential future development or outdoor amenities. This is an unparalleled chance to acquire a substantial commercial property in a vibrant and expanding market, ready for immediate customization and occupancy. The asking price of $745,000 represents a compelling investment opportunity in a rapidly developing area. Don't miss this chance to secure a prominent commercial presence in Parachute, Colorado.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.