3121 County Road 308Dumont, CO 80436

Property Details for 3121 County Road 308

Year built

2002

Construction

BRICK

Lot size

3.73 AC

Property size (Sq ft)

1,800 SF

Zone code

C-WM

Property type

Warehouses

Property subtype

Self storage facilities

APN

1837-262-01-001

APU

183726201001

Description

This exceptional 23.68-acre commercial property boasts 2,185 feet of I-70 frontage, providing unparalleled visibility and accessibility via Exit 232. The property includes a modern 2,873 sq ft modular office building featuring a reception area, conference room, manager's office, and multiple workspaces. A 2,209 sq ft heated steel workshop is also included, equipped with large roll-up doors (front and back for drive-through access), a bathroom, shower, eyewash station, parts storage, and an office section with mezzanine potential. The shop features a heavy-duty reinforced concrete floor. The expansive paved lot features two major driveways capable of accommodating tractor-trailers and includes a loading dock with safety railings. The property's C-WM zoning in Clear Creek County allows for diverse commercial uses, including mini-storage, manufacturing, warehousing, truck terminals, equipment sales/rental, public garages, construction company operations, hardware/lumber yards, vehicle sales, and even optional premises marijuana cultivation. Down-rezoning to Commercial Tourism-Recreational is also possible, opening opportunities for river rafting, jeep tours, or similar businesses. This prime location near Idaho Springs and Empire offers significant potential for a wide range of commercial ventures. The additional 3.73 acres of commercially zoned land on the hillside adds to the property's considerable value and development potential.

• CAP approach

  CAP return

  Valuation

  6%

  $729,341

  6.5%

  $673,238

  7%

  $625,149

• Comparable approach

  Method

  Valuation

  Relative Method

  $586,096

  Geo Method

  $237,946

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $346,815

  Mixed-Use / Specialty

  $346,825

  Hospitality / Lodging

  $256,078

  Office

  $346,063

  Institutional / Educational

  $361,004

  Residential Income

  $422,375

  Multifamily

  $499,662

  Automotive / Energy

  $309,432

  Parking / Income-Based Land

  $105,549

  Restaurant / Food Service

  $183,047

  Healthcare / Senior Housing

  $354,384

Location Insight

City

Dumont

County

Clear Creek

State

Colorado

Latitude

39.7627

Longitude

-105.65

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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