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    701 Main St Lamar, CO 81052

    For Sale
    $750,000

    High-traffic location, ample parking, versatile space.

    Property size:
    41,580 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 41,580 square foot commercial building is strategically located just west of the busy US Highway 50/287 intersection in Lamar, Colorado. Situated on a 3.19-acre paved lot, this property boasts optimal visibility and accessibility, benefiting from its position along the Ports to Plains Highway, a major freight route connecting the southern and eastern US to Denver, Salt Lake City, Cheyenne, and beyond. The building features abundant parking with over 50 paved spaces, plus ample truck turning areas for convenient loading, unloading, and storage. Security is enhanced by front security fencing, a monitored security system with 25 channels and 6 open channels, and a well-lit facility. The Class C steel structure includes a recently upgraded retail/industrial grade fire suppression system, concrete flooring, and fully insulated 20' ceilings, accommodating forklifts and trucks. Three overhead doors (one 14' H x 14' W, one 14' H x 10' W, and one 14' H x 8' W) and eight new steel exterior doors provide convenient access. The building is equipped with rooftop FWA/CA HVAC systems, new electrical panels (480v, 3 phase, 800 amps), a cold storage cooler, a cardboard compactor, and two commercial hot water heaters. Nearby amenities include banking, dining, and fueling stations. This versatile property presents numerous opportunities for a variety of commercial uses.

    Property Features for 701 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    41,580 SF
    Lot Size
    138,956 SF

    Building Details

    Year Built
    1976
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lamar
    County
    Prowers
    State
    Colorado
    Longitude
    -102.6212
    Latitude
    38.0969

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, ample parking, versatile space.
    Where is this commercial real estate located?
    The property is located at 701 Main St Lamar, CO.
    What is the asking price?
    The asking price for this property is $750,000.
    (719) 688-2925
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    701 Main St 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
    701 Main St Lamar, CO 81052
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