Technical
Financial
Distress signals
Property profile

701 Main St Lamar, CO 81052

OFF-MARKET
Office buildings
Property ID
US13-1874107
3,159 SF Built 1954
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

An industrial warehouse facility set on 3.19 paved and improved acres. The building is a Class C steel structure with concrete flooring, full insulation, and approximately 20’ ceiling height, configured for material handling. It includes three overhead doors (14’H x 14’W, 14’H x 10’W, and 14’H x 8’W) plus eight steel exterior single/double doors. Additional noted improvements include a monitored security system with 25 channels (6 open channels), a retail/industrial-grade fire suppression system that was recently upgraded, well-lit interior areas, rooftop FWA/CA HVAC systems, and new electrical panels providing 480V, 3-phase service with 800 amps. The property is located just west of US Highway 50/287 with highway access via a traffic signal, and is described as having on-site security fencing, paved parking for 50+ spaces, and truck turning areas. Interior and utility features include a cold storage cooler, a cardboard compactor, and two commercial hot water heaters.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1954
Construction TYPE NOT SPECIFIED
Total area 3,159 SF
APN 200009250
UPID US13-1874107

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Dental Office
  • Atm
  • Dental Office

Location

701 Main St Lamar, CO 81052-3447
Lamar metro Census 300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2021
3 recorded transactions
2021
$645,000
2019
$517,500
2009
$159,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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