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    1002 Rainbow Blvd Salida, CO 81201

    For Sale
    $499,000

    Prime Salida location, high visibility, versatile space.

    Property size:
    900 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 900-square-foot commercial office building presents a unique investment opportunity in Salida, Colorado. Situated on a highly visible 0.16-acre corner lot at the intersection of Highway 50 and Blake Street, this property boasts excellent highway frontage, ensuring maximum exposure for your business. Previously utilized as a car sales lot, its adaptable layout offers diverse possibilities for a variety of commercial ventures. The building features convenient access from both sides of the parking lot, enhancing customer and employee accessibility. The main level comprises a spacious reception area or lobby (20' x 13'), generously appointed with large windows overlooking the expansive lot. Two private offices provide ample space for individual work or meetings. A full restroom and kitchen add to the building's functionality and convenience. A sizable basement offers substantial storage capacity, ideal for inventory or archives. This property's prime location, combined with its versatile interior and ample parking, makes it an ideal choice for entrepreneurs seeking a high-visibility commercial space in the thriving Salida market. The property is ready for immediate occupancy and presents a compelling opportunity for a discerning buyer.

    Property Features for 1002 Rainbow Blvd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    900 SF
    Lot Size
    6,970 SF

    Building Details

    Year Built
    1987
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Speedy Auto Sales ... Used Car Dealer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salida
    County
    Chaffee
    State
    Colorado
    Longitude
    -105.9909
    Latitude
    38.52444

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Salida location, high visibility, versatile space.
    Where is this office property / space located?
    The property is located at 1002 Rainbow Blvd Salida, CO.
    What is the asking price?
    The asking price for this property is $499,000.
    (719) 539-6682
    Request Owner's contact information
    1002 Rainbow Blvd Salida, CO 81201
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    Salida, CO 81201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1002 Rainbow Blvd Salida, CO 81201
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