247 Pinewood Road

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247 Pinewood Road

Florissant, CO 80816
Asking Price
$1.13M
Asset Type
Retail
Class
Class B

What's Special

247 Pinewood Road is situated in Florissant, Colorado, a mountain community located along the Highway 24 corridor in Teller County. The neighborhood is characterized by its rural setting, proximity to the Florissant Fossil Beds National Monument, and a mix of residential properties and local businesses. The property offers direct access to the region’s main regional thoroughfares, connecting it to nearby Divide and Woodland Park. Local amenities include essential community services, small-scale lodging, and outdoor recreation areas that attract seasonal tourism. This retail asset is suited for businesses requiring a neighborhood-scale footprint with visibility to regional commuters and seasonal visitors. Ideal use cases include a convenience store, boutique gift shop, gear rental, or specialized local service provider. Typical tenants for this location include independent owner-operators or regional brands looking to establish a presence in a high-traffic mountain transit point. The layout and location support operations that cater to both long-term residents and the tourism market.

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NOI
$80,000
Cap Rate
7.09%
DSCR
1.19
Tight
Cash-on-Cash
3.83%
Monthly Payment
$5,585.676
Annual Cash Flow
$12,971.888

Location & Travel Times