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Property profile & analytics
OFF-MARKET
Commercial real estate

925 Main St Walsenburg, CO 81089-2141

6,160 SF 0.32 ac lot Built 1928
Individually Owned 5-yr Hold ~ Est. High Equity
Property ID
US13-2138838
Property summary
AI-generated overview

This expansive 5,185 square foot commercial building, situated at 925 S. Main St, Walsenburg, CO, presents a remarkable investment opportunity. Formerly a fueling station and auto repair shop, this property boasts two main shop areas, a customer-facing storefront with a canopy, and a substantial adjoining vacant lot to the north. The building features air conditioning and natural gas heating, a security system, a newer roof, and updated exterior lighting. Convenient 10 x 16 shed provides additional outdoor storage. While the property previously housed fuel tanks, these have been completely removed and remediated, with the State of Colorado issuing a "No Further Action" letter, signifying full compliance and environmental clearance. The building's strategic corner location at the intersection of 10th and Main Streets offers excellent visibility and accessibility. The large vacant lot offers significant potential for expansion, additional parking, or future development. This property is ready for a new owner to capitalize on its considerable potential and prime location in Walsenburg. The building's size and versatile layout make it suitable for a variety of commercial uses. This is a rare opportunity to acquire a substantial commercial property in a desirable location with a clean environmental record. The asking price is $425,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1928
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,160 SF
Lot 0.32 ac (14,080 SF)
APN 16902
UPID US13-2138838
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Charles Montoya · 5 yrs held
Charles Montoya
since 2021
2 recorded transactions
2021
Price N/A
2013
$75,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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