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331 US Highway 24

5,202 SF 100% Leased Retail Building Leadville, CO 80461 $1,150,000 ($221/SF) 7.93% Cap Rate

Mixed Use Properties Colorado Leadville 331 US Highway 24, Leadville, CO 80461

INVESTMENT HIGHLIGHTS

  • Net Lease Investment w/ Minimal Landlord Responsibilities
  • Recently Striped and Resurfaced Frontage Parking Lot
  • 2 Retail Units for flexible leasing options
  • Regular Rent Bumps
  • Ease of Ownership & Management
  • 100% Occupancy

EXECUTIVE SUMMARY

Net Lease Investment w/ Minimal Landlord Responsibilities
Regular Rent Bumps
Recently Striped and Resurfaced Frontage Parking Lot
Retail Tenants Located in Low Competition Area
Ease of Ownership & Management

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,202 SF
Year Built
1980
Price
$1,150,000
Price Per SF
$221
Cap Rate
7.93%
NOI
$91,200
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.20
Lot Size
0.59 AC
Zoning
Commercial - Refer to City of Leadville Zoning Ordinances for list of authorized uses under Commercial Zoning designation.
Parking
20 Spaces (3.84 Spaces per 1,000 SF Leased)
Frontage
100 FT on Highway 24

AMENITIES

  • Bus Line
  • Corner Lot
  • Signage
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PROPERTY TAXES

Parcel Number 263326129901 Total Assessment $96,474 (2023)
Land Assessment $53,161 (2023) Annual Taxes ($1) ($0.00/SF)
Improvements Assessment $43,313 (2023) Tax Year 2024

PROPERTY TAXES

Parcel Number
263326129901
Land Assessment
$53,161 (2023)
Improvements Assessment
$43,313 (2023)
Total Assessment
$96,474 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
(404) 422-7200

CONTACT

  • Listing ID: 33904970

  • Date on Market: 11/17/2024

  • Last Updated:

  • Address: 331 US Highway 24, Leadville, CO 80461

The Retail Property at 331 US Highway 24, Leadville, CO 80461 is currently available for sale. Contact 23 Realty Advisors, LLC for more information.

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331 US Highway 24
(404) 422-7200 x

331 US Highway 24

Kory Pryor

(404) 422-7200

(404) 422-7200

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