201 Columbine CtParachute, CO 81635

  • Other commercial real estate
  • 2,592 SF
For Sale
$1,500,000 View listing

Property Details for 201 Columbine Ct

Year built
1994
Construction
WOOD
Lot size
0.50 AC
Property size (Sq ft)
2,592 SF
Property type
Other commercial real estate
APN
240707204011
APU
240707204011

Description

This fee-simple retail property in Parachute, Colorado, presents a unique opportunity for an owner-operator. The 2,592 square foot gas station and convenience store sits on a 0.5-acre lot at 201 Columbine Ct, 81635, boasting 175 feet of frontage on Railroad Ave and high visibility from I-70 thanks to a large, illuminated monument sign. The property includes three 12,000-gallon fuel tanks (Regular, Premium, and Diesel), all installed in 1994. Currently operating at 100% occupancy, the existing shell fuel contract and lease will be terminated before closing. The convenience store has been recently remodeled. The asking price is $1,500,000, translating to $358.80 per square foot. Built in 1994, this four-pump gas station offers significant potential for a hands-on owner. Note that an adjacent Wendy's restaurant is a separate property and not included in this sale. This is a turnkey operation in a desirable Garfield County location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $545,233
    Hospitality
    $499,430
    Educational
    $415,520
    Medical
    $429,811
    Retail
    $646,365
201 Columbine Ct, Parachute, Colorado

Location Insight

City
Parachute
County
Garfield
State
Colorado
Latitude
39.4534
Longitude
-108.046
CBSA code
24060
CBSA name
GLENWOOD SPRINGS, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$90,620
$694,250
$784,870
-
$324,810
$2,488,350
$2,813,160

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