Individually Owned Property summary
This exceptional commercial property, located at 509 & 511 Main Street in Walsenburg, Colorado, presents a unique investment opportunity. Situated just one mile from the heavily trafficked I-25, this property benefits from significant daily traffic exposure. The building comprises two distinct commercial spaces under one roof, each offering unique features and potential uses. Unit #511 boasts a large frontage room with high ceilings, decorative Spanish-style sconces, and a 7x11 fireplace with… adjacent wood storage. Stucco walls, pine trim, and decorative ledges add to its character. The front window alcoves are ideal for a variety of uses, including a coffee shop, retail showroom, market, offices, art gallery, or even a residential space. An upper-level loft provides the potential for conversion into a residential apartment. Unit #509 (parcel #20670, with $965 in annual taxes and a total square footage of 3128) features drywall, wood trim, and four separate spaces. This unit underwent remodeling in 2009, and the roof was maintained and repaired in 2018. Significant electrical upgrades have also been completed. Both units benefit from convenient alley access. The property offers a blend of quiet charm and proximity to Colorado's outdoor recreational opportunities, combined with an affordable cost of living. The welcoming city officials are open to new business ideas, making this a promising investment in a thriving community. The total square footage of the building is 2260 square feet. This property is ready for a new owner to capitalize on its potential.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 8 properties nearbyComparable nearby
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Full Property Data
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- Location Insight
- Alternative use
- Local Zoning Insight
