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1607-9 US Highway 34
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1607-9 US Highway 34
11,140 SF Specialty Building Offered at $5,400,000 at a 5.50% Cap Rate in Drake, CO 80515
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INVESTMENT HIGHLIGHTS
- Location. On the River
EXECUTIVE SUMMARY
First time in 40 years for Sale. What an opportunity to own a part of History in the Making. 12 RV Spaces, 40 Tent Sites for Camping, 2 homes, 2 cabins, Commercial Building and 2 Privies. On the North Fork Big Thompson River. Almost 36 Acres of beautiful land. Very well taken care of, just needs the right Owner to turn this into a Destination Spot. Just 25 minutes to Estes Park and 25 minutes to Loveland on Highway 34. The Commercial Building could be turned into a Coffee, Sandwich, Store, Gift Shop, etc.
Owner carry terms.
Owner ready to move.
Owner carry terms.
Owner ready to move.
PROPERTY FACTS
Price | $5,400,000 | Property Subtype | Trailer/Camper Park |
Price Per SF | $485 | Building Class | C |
Sale Type | Investment | Lot Size | 35.91 AC |
Cap Rate | 5.50% | Building Size | 11,140 SF |
Sale Condition | Redevelopment Project | No. Stories | 1 |
Property Type | Specialty | Year Built/Renovated | 1906/2013 |
Price | $5,400,000 |
Price Per SF | $485 |
Sale Type | Investment |
Cap Rate | 5.50% |
Sale Condition | Redevelopment Project |
Property Type | Specialty |
Property Subtype | Trailer/Camper Park |
Building Class | C |
Lot Size | 35.91 AC |
Building Size | 11,140 SF |
No. Stories | 1 |
Year Built/Renovated | 1906/2013 |
AMENITIES
- Waterfront
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PROPERTY TAXES
Parcel Number | 15032-00-038 | Improvements Assessment | $124,137 |
Land Assessment | $57,588 | Total Assessment | $181,725 |
PROPERTY TAXES
Parcel Number
15032-00-038
Land Assessment
$57,588
Improvements Assessment
$124,137
Total Assessment
$181,725
ZONING
Zoning Code | Commercial |
Commercial |
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1607-9 US Highway 34
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