210 Elizabeth StElizabeth, CO 80107

Property Details for 210 Elizabeth St

Year built

1999

Lot size

1.32 AC

Zone code

RC

Property type

Strip malls

Property subtype

Neighborhood centers

APN

85131-23-001

APU

8513123001

Description

This exceptional retail opportunity presents 6,752 square feet of vacant space within the thriving Gold Creek Shopping Center, located at 210 S Elizabeth St, Elizabeth, CO 80107. The center boasts a total of 14,767 square feet across three single-story buildings, offering flexible spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 2,752 square feet. Ample parking is provided with 788 surface spaces for customer convenience. The property enjoys a highly visible location on HWY 86 in Elbert County's Southeast Outlying submarket. This prime location benefits from its proximity to the sold-out Gold Creek Valley Subdivision and the actively selling Legacy Village Subdivision, which comprises 232 planned homesites, ensuring a strong and growing customer base. The center is already home to a diverse range of popular national retailers, including Sonic, Big O Tires, Big R, Taco Bell, Ziggi's Coffee, and Anytime Fitness, creating a vibrant and established retail environment. This presents a unique chance to establish or expand your business within a successful and well-positioned shopping center in a rapidly developing area. The property is easily accessible and offers excellent visibility, making it an ideal location for a variety of retail businesses. Contact us today to learn more about this exciting opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $15,864,715

  6.5%

  $14,644,352

  7%

  $13,598,327

• Comparable approach

  Method

  Valuation

  Relative Method

  $28,424,334

  Geo Method

  $11,971,430

• Alternative Use

  Use

  Valuation

  Residential

  $12,353,059

  Hospitality

  $11,315,336

  Educational

  $9,414,226

  Medical

  $9,737,996

  Retail

  $14,644,352

Location Insight

City

Elizabeth

County

Elbert

State

Colorado

Latitude

39.3596

Longitude

-104.609

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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