Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    300 Savage Ave Lamar, CO 81052

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,347,000

    Retail property with long-term lease and strong tenant commitment.

    Property size:
    40,522 SF
    Lot size:
    0.60 Acres

    Property Features for 300 Savage Ave

    General Information

    Size
    40,522 SF
    Lot size
    0.60 Acres

    Source: Colliers | Dallas Agent Geoff Ficke

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lamar Retail Investment Opportunity

    This retail property features a recently executed 15-year lease extension, demonstrating tenant commitment. The tenant is an investment-grade credit tenant with an S&P rating of BBB. The property benefits from below-market rent compared to other Tractor Supply locations. Landlord responsibilities are minimal. The location offers frontage to US Highway 385 and proximity to strong traffic generators, including a large cattle feeding ranch, Lamar Community College, and Powers Medical Center. There are 1,764 farms in Prowers and surrounding counties. The property size is 40,522 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Lamar
    County
    Prowers
    State
    Colorado
    Longitude
    -102.620049
    Latitude
    38.070941

    Nearby Similar for Sale

    • $5,200,000
      20,000 SF

      Highway Travel Center with Income

      Travel center with fuel, restaurant, store, repair, and leases.
      33110 Rd, Lamar, CO 81052
      View Details
    • $3,000,000

      Commercial Cattle Yard on Acreage

      15,000-head commercial cattle yard with support facilities on 371.79 acres.
      38252 Co Rd, Lamar, CO
      View Details
    • $7,500,000

      Productive Ranch with Turnkey Improvements

      8,954-acre ranch featuring grazing, haying, and modern improvements.
      15014 Lamar Co 81052, Lamar, CO
      View Details
    • $210,000
      3,500 SF

      Lamar Main Street Commercial Building

      Prime Retail Space, Updated & Ready!
      213 Main St, Lamar, CO 81052
      View Details
    • $625,000
      7,680 SF

      Lamar Commercial Building - Prime Location

      High-traffic retail & shop space, great access.
      201 2Nd St, Lamar, CO 81052
      View Details
    • $750,000
      41,580 SF

      Lamar Commercial Building - Highway 50/287

      High-traffic location, ample parking, versatile space.
      701 Main St, Lamar, CO 81052
      View Details

    FAQs

    What type of property is this?
    Storefront property - Retail property with long-term lease and strong tenant commitment.
    Where is this storefront property located?
    The property is located at 300 Savage Ave Lamar, CO.
    What is the asking price?
    The asking price for this property is $3,347,000.
    What are key features of this property?
    This property features: - Recently executed 15 year lease extension; - Investment grade credit tenant (S&P: BBB); - Below market rent compared to other Tractor Supply locations
    (859) 907-2006
    Request Owner's contact information
    300 Savage Ave Lamar, CO 81052
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    300 Savage Ave
    Lamar, CO 81052
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    300 Savage Ave Lamar, CO 81052
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.