976 Dillon Rd, Louisville, CO 80027-1287
- Commercial real estate
- 6,397 SF
- 1.93 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 976 Dillon Rd
- Year built
- 2000
- Construction
- BRICK
- Lot size
- 1.93 lot acres
- Zone code
- 2112
- Property type
- Commercial real estate
- APN
- 1575-18-3-57-001
- APU
- 157518357001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 30, 2025 | $2,100,000 | First Choice Holdings LLC | Ltr LLC | Special Warranty Deed | — |
| Jun 28, 2021 | — | Ltr LLC | — | Deed · related | $830k · Firstbank |
| Apr 9, 2018 | — | Ltr LLC | — | Deed · related | $870k · Firstbank/w Mi |
| Apr 5, 2013 | $1,470,000 | Ltr LLC | Bdc Development Ltd | Special Warranty Deed | $956k · Firstbank |
| — | — | Bdc Dev Ltd | — | Deed Of Trust · related | $750k · United Western Bank |
| — | — | Ltr LLC | — | Loan Modification · related | $870k · Firstbank/w Mi |
Description
Exceptional investment opportunity: a 6,300-square-foot shopping center in Louisville, Colorado, is available for purchase at $2,360,000. This single-story building boasts a strong net operating income (NOI) of $129,811, representing a 5.50% capitalization rate. The property is fully leased to three tenants: FedEx Office Print & Ship Center, Rock Barbers, and Smokers Den, with long-term leases in place, ensuring consistent cash flow. Located at 976 W Dillon Rd, 80027, this prime retail space enjoys excellent visibility along McCaslin Boulevard and easy access to Highway 36. Its strategic location benefits from proximity to the thriving Downtown Superior development and numerous surrounding shops and restaurants, capitalizing on the high traffic volume of the 36 corridor. The property offers a convenient location, just 15 minutes from Boulder and under 30 minutes from Denver, making it an attractive investment for both local and out-of-state buyers. This well-maintained property presents a rare opportunity to acquire a stable, high-performing retail asset in a desirable Colorado market. The asking price per square foot is $374.60.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,405,000
- 6.5%
- $1,300,000
- 7%
- $1,205,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,634,000
- AI Estimate
- $1,291,000
Market price range: $1.47M - $2.67MMarket price range: $255k - $1.76M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,140,000 Current use
- AUTO REPAIR, GARAGE
- $2,725,000 Change: +27% Conversion: Difficult
- RESTAURANT
- $2,395,000 Change: +12% Conversion: Difficult
- RETAIL STORES
- $2,320,000 Change: +8% Conversion: Easy
- OFFICE BUILDING
- $1,780,000 Change: -17% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Boulder
- State
- Colorado
- Longitude
- -105.164
- Latitude
- 39.9598
- CBSA code
- 14500
- CBSA name
- BOULDER, CO METROPOLITAN STATISTICAL AREA
