485 Kismet St

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485 Kismet St

Ridgway, CO 81432
Asking Price
$375K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land asset totaling 0.36 acres available for purchase
  • Located in the town of Ridgway in southwest Colorado
  • Priced at 375000 dollars for the land site
  • Suitable for versatile commercial or professional business development
  • Positioned within an established mountain town regional market

What's Special

Development of a commercial project is possible on this 0.36-acre parcel situated in Ridgway. This land asset provides a strategic footprint for businesses looking to establish a presence in this scenic area of Colorado. Ridgway maintains a distinct character that appeals to both residents and visitors, making it a viable location for service-oriented ventures, local retail, or office operations that benefit from the town's steady regional growth. The site is positioned to support varied professional or commercial layouts depending on specific operational requirements and local regulatory alignment. Investors and business owners seeking an entry point into the local market will find this plot provides a functional foundation for custom construction. Its size and location offer clear utility for those aiming to capitalize on the mountain town economy and the surrounding community's demand for commercial accessibility.

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NOI
$80,000
Cap Rate
21.33%
DSCR
3.59
Strong
Cash-on-Cash
51.32%
Monthly Payment
$1,855.295
Annual Cash Flow
$57,736.455

Location & Travel Times