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4265 Santa Fe Dr - Vacant Land 1.17 Acres of Commercial Land Offered at $1,799,000 in Sheridan, CO 80110
Investment Highlights
- Excellent visibility to Santa Fe Dr
- Many available uses
- Some income in place
Executive Summary
The land is currently leased on a M-t-M basis to the adjoining property owner for truck storage, paying $2,250 per month.
The owner is ready to sell and has just reduced the price from $2,500,000 to $1,799,000.
The adjoining retail can be bought for $3,500,000 with a pure net tenant in place at a 6.5 cap
The owner is ready to sell and has just reduced the price from $2,500,000 to $1,799,000.
The adjoining retail can be bought for $3,500,000 with a pure net tenant in place at a 6.5 cap
Property Facts
| Price | $1,799,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Total Lot Size | 1.17 AC |
| Sale Condition | 1031 Exchange | Cross Streets | Quincy Avenue |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | BUS-1 - Provide for areas that encourage a mixture of civic, office, retail, restaurant, housing and cultural land uses | ||
| Price | $1,799,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | 1031 Exchange |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.17 AC |
| Cross Streets | Quincy Avenue |
| Opportunity Zone |
Yes |
| Zoning | BUS-1 - Provide for areas that encourage a mixture of civic, office, retail, restaurant, housing and cultural land uses |
1 Lot Available
Lot
| Price | $1,799,000 | Lot Size | 1.17 AC |
| Price Per AC | $1,537,606.84 |
| Price | $1,799,000 |
| Price Per AC | $1,537,606.84 |
| Lot Size | 1.17 AC |
Recently bifurcated from 4255 S Santa Fe Drive (also available as an investment sale), allowing for the development of 1.17 acres. Zoned BUS-1 The owner is ready to sell and has just reduced the price from $2,500,000 to $1,799,000.
Description
Recently bifurcated from 4255 S Santa Fe Drive (also available as an investment sale), allowing for the development of 1.17 acres. Zoned BUS-1
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
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4265 Santa Fe Dr - Vacant Land
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