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Property profile & analytics
OFF-MARKET
Warehouses

714 Main St Walsenburg, CO 81089

9,680 SF 0.22 ac lot Built 1917
Individually Owned 12-yr Hold ~ Est. High Equity
Property ID
US13-1871492
Property summary
AI-generated overview

This exceptional 9,680 square foot commercial property is situated on a 0.22-acre lot at 714 Main Street in Walsenburg, Colorado. Its prime location directly off Main Street and Highway 160 ensures high visibility and easy accessibility, making it ideal for a wide range of commercial uses. The building features a freight elevator, facilitating efficient movement of goods between floors. Large roll-up doors allow for convenient loading and unloading of commercial vehicles and large deliveries. A significant asset is the expansive outdoor yard, currently leased to a successful food truck, generating consistent rental income and attracting additional foot traffic. This lease provides a valuable supplemental revenue stream. The property's strategic location in a busy area presents numerous opportunities for business expansion or the establishment of a new venture. The asking price is $499,000. This property offers a unique blend of functionality, location, and income potential, making it an attractive investment opportunity.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1917
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,680 SF
Lot 0.22 ac (9,570 SF)
APN 47390
UPID US13-1871492
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
Duane Olguin · 12 yrs held
Duane Olguin
since 2013
1 recorded transaction
2013
$135,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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