942 Lincoln Ave Steamboat Springs, CO 80487
This exceptional 17,500 sq ft land parcel, located at 942 Lincoln Ave in Steamboat Springs, CO, presents a unique investment opportunity. Currently operating as a profitable gas station and service center since 1977, the property boasts four fuel pumps, three service bays, a small office, and ample yard space. Situated in the heart of downtown, it benefits from high daily traffic (27,000 vehicles) and proximity to restaurants, shops, lodging, and entertainment. The Commercial Old Town zoning allows for a maximum building height of 38 feet and a 200% floor area ratio (35,000 sq ft), offering significant redevelopment potential. Adjacent to a new city hall and fire station project (under construction), this location is poised for growth. The property's strong performance and above-average gross margins make it an attractive investment, whether continuing current operations or pursuing a complete redevelopment. The existing business provides income potential during any redevelopment process. This is one of only two gas stations in downtown Steamboat Springs, a highly desirable tourist destination, and within a ten-minute drive of Steamboat Ski Resort, recently ranked the top ski resort in North America. The APN is R7718390. The asking price is $3,950,000.
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Conoco Gas Station
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Napa Autocare Center Auto Repair Shop
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
Similar Nearby for Lease
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.