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    249 W Rainbow Blvd Salida, CO 81201

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    For Sale
    $999,999

    Two commercial buildings on 0.78 acres in Salida, Colorado.

    Lot size:
    0.78 Acres

    Property Features for 249 W Rainbow Blvd

    General Information

    Lot size
    0.78 Acres

    Building Details

    Year built
    1952

    Source: First Colorado Land Office, Inc. Agent Jeff Post

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

    Overview

    Highway Frontage Commercial Buildings

    Two commercial buildings are situated on a 0.78-acre property with highway frontage in Salida, Colorado. One building offers approximately 1300 square feet, while the other provides a little over 1000 square feet. The property is located on Highway 50, which experiences both local and pass-through traffic. The site presents opportunities for expansion or outside storage. This property is suitable for either an owner-user or as an investment for rental income or a new business venture.
    Insight Report Location Intelligence

    Current Use by Public Records

    Stone Soup Studios ... Film Production Company Billy Bordeaux LLC Publisher

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Salida
    County
    Chaffee
    State
    Colorado
    Longitude
    -106.001034
    Latitude
    38.523172

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    FAQs

    What type of property is this?
    Retail property - Two commercial buildings on 0.78 acres in Salida, Colorado.
    Where is this retail property located?
    The property is located at 249 W Rainbow Blvd Salida, CO.
    What is the asking price?
    The asking price for this property is $999,999.
    What are key features of this property?
    This property features: - Prime commercial real estate on Highway 50 in Salida, Colorado.; - Two commercial buildings totaling approximately 2300 SqFt (1300 +\/- SqFt and 1000+ SqFt).; - Large .78 acre lot with highway frontage.
    (719) 539-6682
    Request Owner's contact information
    249 W Rainbow Blvd Salida, CO 81201
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    Salida, CO 81201
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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
    249 W Rainbow Blvd Salida, CO 81201
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