3206 County Road 54GLaporte, CO 80535

For Sale
$422,000

High-Cap Rate Retail Building in Laporte, CO

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional retail property, located at 3206 W County Rd 54G in Laporte, Colorado, presents a compelling investment opportunity. The 1,695 square foot building sits on a 0.34-acre lot boasting 100 feet of frontage on County Road 54G/Highway 287, ensuring high visibility. Built in 1996, the property features three bays: two hand-wash bays (with 14-foot high clearance, accommodating RVs and trucks) and one touchless auto-wash bay. Recent upgrades include new vacuums, signage, a security system, fresh paint, bill changers, and a rebuilt auto wash. The property benefits from a one-inch water tap with the City of Fort Collins. Zoned CN within Larimer County, this location offers significant advantages, including its placement within the Colorado Enterprise Zone, providing tax incentives for investors. The asking price is $422,000, representing an attractive 8.00% cap rate based on projected 2024 sales and expenses. This turnkey operation is ready for a new owner to capitalize on its established presence and prime location. The property's strategic positioning and recent improvements make it an ideal investment for those seeking a strong return in a growing market.

Highlights

  • $422,000 asking price for this retail property.
  • 8.00% cap rate based on projected 2024 sales and expenses.
  • 1,695 square foot building on a 0.34-acre lot with 100 feet of highway frontage.
  • Built in 1996, with recent upgrades including new vacuums, signage, security system, paint, bill changers, and a rebuilt auto wash.
  • Features three bays: two hand wash bays (14' high clearance) and one touchless auto wash bay, suitable for RVs and trucks.
  • Located in Larimer County, Colorado, in a CN zone and within a Colorado Enterprise Zone.

Property Details for 3206 County Road 54G

Property type
Other retail properties, Retail properties
Square Feet
1,695 SF
Year Built
1996
Lot Size (sq. ft)
14,810 SF

Location Insight

City
Laporte
County
Larimer
State
Colorado
Latitude
40.6258512
Longitude
-105.1349805
3206 County Road 54G, Laporte, Colorado

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3206 County Road 54G
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