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31273722
31273723

950 Comanche St, Estes Park, CO 80517

BB
GA GA 366717
BellStreet
CG
FA100107556
BellStreet
Listed by BellStreet
$774,900
71 days on market
Updated 8 days ago

950 Comanche St - Light Industrial, Net Lease, or Redev

Details
Property Type Industrial, Mixed Use (+1)
Sub Type Warehouse, Commercial (+1)
Square Footage 6,000
Net Rentable (SqFt) 6,000
Units 35
Cap Rate 3.22%
NOI $24,960
Occupancy 33%
Tenancy Single
Lease Type NNN
Lease Expiration 07/01/2026
Remaining Term 0.1
Rent Bumps No
Lease Options None
Pro-Forma Cap Rate 9.29%
Pro-Forma NOI $72,000
Price per SqFt $129
Class C
Year Built 1973
Year Renovated 2024
Buildings 1
Stories 1
Acreage 0.570
Zoning CH - Commercial Heavy
Investment Type Value Add
Tenant Credit No Credit Rating
Ground Lease No
Ceiling Height 8
Sale Condition Bank owned foreclosure

Retail/Industrial | 6,000 SqFt

Marketing description

Introducing a prime investment opportunity in the Estes Park area! This versatile property features a 6,000 SF building with 3 units, offering flexibility and potential for industrial and flex space usage. Built in 1973 and zoned CH Commercial Heavy, the property is strategically positioned to accommodate a range of business needs. Currently at 33% occupancy, there is ample room for growth and income generation. The large lot also offers lucrative redevelopment potential. With a solid foundation and room for customization, this property presents an ideal canvas for industrial and flex space investors to establish their operations in a thriving location. Opportunity awaits at this strategically positioned property.

All offers must be submitted by the Buyer's agent via the RES.NET Agent Portal. If your offer is accepted, you agree to be responsible for an offer submission technology fee of $300.00. The fee will be collected and disbursed by the settlement agent and disbursed at the closing and settlement of the transaction. To submit your buyer's offer, simply click the link below. If you already have a RES.NET Agent account, you will be prompted to log in. If not, you will be prompted to create an account.

To begin, click or paste this link into your web browser: https://agent.res.net/Offers.aspx?-1808180

Investment highlights

  • Commercial/Light Industrial Flex
  • Drive-in garage door
  • Lots of parking for employees
  • Redevelopment potential

Listing Contacts

BB
GA GA 366717
BellStreet
CG
FA100107556
BellStreet
Listed by BellStreet

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$24,960.00
$2,080.00/mo

Valuation Metrics

0
DSCR
3.22%
Cap Rate
3.22%
ROI

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