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Property profile & analytics
FOR SALE
Retail space

918 37Th St Evans, CO 80620

7,858 SF 0.32 ac lot Built 1947
Entity Owned ~ Est. High Equity
Property ID
US13-0735238
Property summary
AI-generated overview

This exceptional 7,858-square-foot retail storefront, located at 918 37th St in Evans, Colorado, presents a remarkable investment opportunity. The property boasts a prime location, situated on a 0.32-acre corner lot at the signalized intersection of Highway 85 and 37th Street, ensuring high visibility and accessibility. Built in 1947, this Class B building features concrete block construction, abundant windows, and ample signage opportunities. The property includes a 4,828-square-foot warehouse (built 1930) and an 817-square-foot detached residence, adding versatility and potential for expansion. The large, open-space design is adaptable to a wide range of uses, including retail establishments, recreational facilities, personal services, or even a studio space. The property also offers 30 parking spaces and is fully fenced, providing security and convenience. Its zoning (US 85 Retail-Commercial-Neighborhood) allows for diverse commercial applications. With easy access to major highways and a high-traffic location, this property is poised for significant success. The asking price is $895,000, translating to $113.90 per square foot. This is a rare opportunity to acquire a substantial commercial property in a thriving Colorado community. The property is currently vacant, allowing for immediate occupancy and customization to suit your specific business needs.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1947
Total area 7,858 SF
Lot 0.32 ac (13,939 SF)
APN R3950786
UPID US13-0735238
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
$1.37M
Comparable Approach Comparable
$1.15M
Blend (final) Blend
$1.10M
Owner & transaction history
Award Alliance LLC
Award Alliance LLC
since 2026
1 recorded transaction
2026
$695,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.5M +15.2%
Office building $1.4M +10.5%
Medical building $1.3M +0.5%
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More about this property
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