9991 W US Highway 50
About This Property
The 1.87-acre site offers unmatched exposure with steady year-round traffic and public-maintained road access. Utilities are in place, including a private well and septic system, and multiple detached garage and outbuilding spaces provide immediate storage or workspace options.
A 3-bedroom, 2-bath single-level home with an attached garage is currently tenant-occupied, providing built-in rental income or the opportunity for a live/work setup. Salida, Monarch Ski Area, and endless Arkansas Valley recreation are just minutes away, drawing both locals and visitors to the area year-round.
This is a rare opportunity to secure a prime commercial location with flexible use potential.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2025 | Price Decreased |
$725,000
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Sep 30, 2025 | Relisted | $750,000 | |
| Relisted | |||
| Sep 26, 2025 | No longer available | - | |
| No longer available | |||
| Jul 29, 2025 | Listed by Century 21 Community First | $750,000 | |
| Listed by Century 21 Community First | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017