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    201 2Nd St Lamar, CO 81052

    For Sale
    $625,000

    High-traffic retail & shop space, great access.

    Property size:
    7,680 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This 7,680 square foot commercial building is ideally situated in the heart of Lamar, Colorado, on a 0.35-acre lot at 201 N 2nd St. Its central location provides convenient access from two city streets and proximity to the truck bypass, ensuring high visibility and excellent traffic flow. Currently configured as a retail store and repair shop, the property's zoning allows for diverse uses, including manufacturing, storage, and additional garage/shop operations. The shop area features a large overhead door for easy vehicular access and a practical wash bay. This presents a unique opportunity for a business seeking a well-established location with existing infrastructure. The seller is including inventory in the sale, detailed separately on a bill of sale for a smooth transfer. Properties in this desirable location are rarely available, making this a truly exceptional opportunity to acquire a turnkey commercial property with high traffic counts and central Lamar accessibility. The asking price for this exceptional property is $625,000.

    Property Features for 201 2Nd St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,680 SF
    Lot Size
    15,246 SF

    Building Details

    Year Built
    1974
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lamar
    County
    Prowers
    State
    Colorado
    Longitude
    -102.6159
    Latitude
    38.09171

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic retail & shop space, great access.
    Where is this commercial real estate located?
    The property is located at 201 2Nd St Lamar, CO.
    What is the asking price?
    The asking price for this property is $625,000.
    (719) 688-2925
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    201 2Nd St Lamar, CO 81052
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    Lamar, CO 81052
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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
    201 2Nd St Lamar, CO 81052
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