437 S Meadowlark Dr
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437 S Meadowlark Dr
2,118 SF Retail Building Berthoud, CO 80513 $1,700,000 ($803/SF)
Investment Highlights
- Three fully equipped, operational pumps.
- A coffee shop is currently leasing space on the property, highly favored by local customers.
- Over 2,000 sq. ft. of spacious space featuring modern amenities.
- Located in a high-traffic area, surrounded by residential neighborhoods and close to key local amenities.
Executive Summary
This established fuel station at 437 S Meadlark Drive in Berthoud, CO is ideally situated on a high-traffic corner lot, offering exceptional visibility and accessibility. The property features a 2,000+ square foot convenience store and a leased coffee shop, adding an extra revenue stream. The corner lot location ensures excellent access for both local residents and travelers. The coffee shop lease enhances profitability by tapping into the growing demand for convenient coffee options. Additionally, the expansive convenience store meets diverse consumer needs—offering groceries, snacks, and essential items—while providing opportunities for future product expansion and increased revenue.
The fuel retail sector in Colorado is on a steady upward trajectory, driven by rising population and vehicle use. Projections indicate a 3% annual growth in the state's fuel market over the next five years.
Berthoud, a rapidly expanding town in Larimer County, has seen a 25% population increase in the past decade. This growth translates into more traffic and potential customers for the station.
With minimal direct competition within a 5-mile radius, this property holds promising profitability prospects.
The fuel retail sector in Colorado is on a steady upward trajectory, driven by rising population and vehicle use. Projections indicate a 3% annual growth in the state's fuel market over the next five years.
Berthoud, a rapidly expanding town in Larimer County, has seen a 25% population increase in the past decade. This growth translates into more traffic and potential customers for the station.
With minimal direct competition within a 5-mile radius, this property holds promising profitability prospects.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
2,118 SF
Building Class
C
Year Built
1963
Price
$1,700,000
Price Per SF
$803
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.48 AC
Zoning
FA1 - Commercial
Parking
30 Spaces (14.16 Spaces per 1,000 SF Leased)
Frontage
300 FT on Meadowlark Drive
Amenities
- Corner Lot
- Freeway Visibility
- Air Conditioning
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
2,637
16,157
25,054
162,711
2029 Population
2,831
17,480
26,832
167,311
2024-2029 Projected Population Growth
7.4%
8.2%
7.1%
2.8%
Median Age
41.8
41.8
43.1
41.7
College Degree + Higher
35%
38%
38%
25%
Daytime Employees
958
3,145
4,580
62,131
Total Businesses
132
494
682
9,012
Average Household Income
$122,191
$121,821
$120,071
$101,482
Median Household Income
$105,273
$101,372
$96,725
$79,868
Total Consumer Spending
$42.3M
$263.9M
$409.2M
$2.4B
2024 Households
985
6,157
9,724
65,988
Average Home Value
$517,534
$568,153
$569,791
$509,170
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 94220-00-005 | Improvements Assessment | $85,848 |
| Land Assessment | $20,507 | Total Assessment | $106,355 |
PROPERTY TAXES
Parcel Number
94220-00-005
Land Assessment
$20,507
Improvements Assessment
$85,848
Total Assessment
$106,355
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