Exceptional Development Opportunity

This prime real estate is ready for your next development project. Commercial zoning, plat map, survey, and EPA studies are all done. Now ready for your pre-construction planning and municiple entitlements. The city is motivated to develop this area and may have incentives to offer.

Offered for sale or long term lease, this high-value commercial property is located on a main thoroughfare in Trinidad, Colorado. This property features excellent hilltop topography and is situated on a corner lot near Interstate-25, between Exits 11 & 13. The historic Santa Fe Trail spans between Trinidad's Main Street and the Fisher's Peak State Park entrance, making it's location prime. This stretch of road is soon to feature the new city-planned bike and walking path, connecting the state park to Main Street. Take in clear views of the Sangre de Cristo mountain range, Spanish Peaks, and Fisher's Peak State Park at...

Possible Uses

This prime property offers incredible development potential, whether for a high-traffic restaurant with a drive-through, a charming boutique hotel, a multi-family residence, or a dynamic mixed-retail space. It's flexible design could accommodate multiple tenants.

Details

Area Price: $8.75/sqft

Market Price: $1.2M

Developed Land Value: $2.68M+ (projected)

Zoning Code: Community Commercial

Buildable Area: 85%

Combined Lots: 3.15 acres useable space (137,214 sqft). Includes two separate, conjoining lots.

Existing Developments: Two identical steel buildings, 26ft x 40ft or 1040 sqft, include two bathrooms with ADA requirements, exterior LED lighting, and infrared heat & spray foam insulation. Each building has two 9ft x 10ft roll-up doors. The north building includes a metal canopy - 20ft x 60ft, with a 13ft clearance.

Utilities: Municiple - Gas, Electric, Water, & Sewer. Fiber network.

Electric: Fresh 400 amp underground feed.

Environmental: Phase I & II inspections completed December 2023 with a strong history of clean soil. No above/below ground tanks.

Property includes fresh plat map & survey pins.

Financing

Offered for quick sale or long term lease with purchase option. Possible seller financing, up to 20 years - variable or fixed interest rate with a minimum 30% down payment.

Off Market Discovery Fee: 5%, six months maximum, non-refundable. Credit back at closing. Earnest money: N/A

Beginnings: Letter of Intent or Standard Commercial Real Estate Contract.

Note: The offering includes both properties as described above. The owner would consider a separate sale of 2000 Santa Fe Trail. The owner is not interested in selling 1986 Santa Fe Trail separately. Owner financing is subject to combined sale only.

Property Tax - 2000 Santa Fe Trail: Las Animas County Parcel Number 12110000 - April 2023 - $323.76

Property Tax - 1986 Santa Fe Trail: Las Animas County Parcel Number 12425000 - April 2023 - $17.56

Financing

Location

Trinidad is the county seat of Las Animas County, Colorado. This dynamic community, with its population of 8,175 , hosts two state parks, including the sprawling Fisher's Peak State Park, various points of interest, two thriving museums, an active trout stream, panoramic views of the Sangre de Cristo mountain range, Spanish Peaks mountains, and stretches of the historic Santa Fe Trail. Trinidad boasts all of this at less than one mile off the interstate. The city is equidistant between Albuquerque, New Mexico, and Denver, Colorado. It is on the direct pathway connecting many southern cities (Austin, Dallas, Houston, New Orleans, Phoenix, etc.) to all of Colorado. Downtown Trinidad maintains a high occupancy rate of commercial space, with local shops and restaurants quite adept at serving locals and a thriving year-round tourist population.

* (source: datausa.io, May 2024)

Interactive Map

Site

2000 Santa Fe Trail is a corner lot situated on Santa Fe Trail and Saddle Road less than a mile from Interstate-25, between Exits 11 & 13. 1986 Santa Fe Trail is a conjoining property situated north of the corner lot known as 2000 Santa Fe Trail. While the entirety of the historic Santa Fe Trail spans almost 870 miles, the stretch that is located in Trinidad, Colorado connects Trinidad's Main Street to the Fisher's Peak State Park entrance, creating an absolute prime site for traffic visitation originating from in and out of the local area (12,000 average automobile daily traffic [AADT], 4.3 million average annual automobile traffic [AAAT] on I-25).

* (source: coloradodot.info, 2023)

Aerial Square Footage 2000SFT BW (1).png

Photos

Comparables

Market Comparables

Subject #1

Address: 3019 Toupal Drive,

Trinidad, CO

Zoning: Community Commercial

Ask: $11.25/sqft

Lot Size: 6 acres

Tangibles: The property includes an abandoned 15,200 sqft building.

Listed by: Hoff & Leigh Realty

Sold: 10/2024

Subject #2

Address: 1104 Constitution Drive, Trinidad, CO

Zoning: Light Industrial

Ask: $8.23/sqft

Lot Size: 3.9 acres

Tangibles: Includes building

Listed by: Ashland Properties

Sold: N/A

Subject #3

Address: 1009 Santa Fe Trail, Trinidad, CO

Zoning: MDH (Medium Density Housing)

Ask: $4.61/sqft

Lot Size: 1.62 acres

Tangibles: N/A

Listed by: Bachman & Associates

Sold: N/A

other comparables - available upon request

Subject Matter on Point:

See also: 1031 Exchange & Goldcard Visa Program

Legal

Property Descriptions

2000 Santa Fe Trail: All that certain piece of land located in the Southwest Corner (SW1/4) of The South East Quarter (SE1/4) of Section Twenty-Four (24) Township Thirty-Three (33) South, Range Sixty Four (64) West of the 6th P.M., County of Las Animas, State of Colorado, and more particularly described as follows To-Wit: Beginning at the South Quarter (¼) Corner of Section 24, which is an Iron Pin driven in the ground; thence N86-26-30” East a distance of 355.25 Feet to a point, said point being the Southwest Corner of said tract of land; Thence S89- 44’30” East and running along the North boundary line of Saddle Road a distance of 215.0 Feet to a point, Thence North 0-41’30” East a distance of 277.35 Feet to a point; Thence 89-43’30” West a distance of 215.0 Feet to a point, said point located on the East Right of Way of Old U.S. Highway 85 and 87; Thence South 0-42’30” West along the East Right of Way Line of Old U.S. Highway 85 and 87 a distance of 277.2 Feet to a point, said point being the Southwest Corner of said Tract of Land - Commonly known as: 2000 Santa Fe Trail, Trinidad, Colorado 81082.

1986 Santa Fe Trail: That part of the SW1/4SW1/4SE1/4 of Section 24, Township 33 South of Range 64 West of the Sixth Principle Meridian, Las Animas County, Colorado, more fully described as follows: Beginning at a point which is 300 Feet North and 395.3 Feet East of the Southwest corner of the SW1/4 SE1/4, Section 24, Township 33 South, Range 64 West of the Sixth Principle Meridian; Thence North 300 Feet following the East Boundary line of Old U.S. Highway 85-87 to a point; Thence East 260 Feet more or less to a point on the East Boundary line of the SW1/4 4SW1/4 SE1/4 Section 24, Township 33 South, Range 64 West; Thence South following said East Boundary Line, a distance of 300 Feet to a point; Thence West 260 Feet more or less to the Point of Beginning. Previously known as 1900 Santa Fe Trail, Trinidad, Colorado 81082 - now known by U.S. Postal Address: 1986 Santa Fe Trail, Trinidad, Colorado 81082.

Disclaimer

The information provided on this website is based upon the best data available at time of publication. It is in the best interest of potential buyers to complete their own due diligence.

Contact

Scott A. Zeches, MBA, PMP

SAZeches88@gmail.com

text: (970) 213-1193

2000 Santa Fe Trail

Trinidad, CO 81082

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