675 5Th StCalhan, CO 80808
- Land
- 0.46 AC
Property Details for 675 5Th St
- Lot size
- 0.46 AC
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 2202123001
- APU
- 2202123001
Description
This exceptional commercial property, situated on a prominent corner lot in the heart of Calhan, Colorado, presents a unique investment opportunity. The 0.13-acre lot offers significant visibility and accessibility, ensuring high traffic exposure for any business. Currently operating as a well-established automotive repair shop, the building is equipped with numerous extras, ideal for a seamless transition or continued operation in the same industry. The property's central location within Calhan guarantees a strong customer base and ample opportunities for growth. The building itself offers considerable potential for various commercial uses, given its prime location and existing infrastructure. While the exact square footage is not currently specified, the substantial size of the building is evident from its current use as a fully functional automotive repair facility. The property's land usage is designated as "special purpose" according to the assessor's records, and there is no zoning information available. This presents flexibility for a wide range of potential commercial ventures. The asking price of $350,000 represents a compelling investment opportunity in a thriving Colorado community. This property is ready for immediate occupancy and offers a rare chance to acquire a well-positioned commercial space with significant upside potential. Don't miss this chance to own a piece of Calhan's vibrant commercial landscape.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $4,350,501
- Hospitality
- $3,985,035
- Educational
- $3,315,503
- Medical
- $3,429,528
- Retail
- $5,157,448
Location Insight
- City
- Calhan
- County
- El Paso
- State
- Colorado
- Latitude
- 39.0369
- Longitude
- -104.3
- CBSA code
- 17820
- CBSA name
- COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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