Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Tractor Supply Company Investment Property Title is generated by Realmo AI

    385 Bayfield Center Drive, Bayfield, CO

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    NN leased Tractor Supply Company in Bayfield, Colorado for sale.

    Type:LAND
    Lot size:
    0.50 Acres
    Added:
    Aug 13, 2025
    Days on Market:
    287
    Last Refresh:
    May 20 at 8:22 pm

    Property Features for 385 Bayfield Center Drive

    General Information

    Standard status
    Active
    Lot size
    0.50 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Calvin Short
    Calvin Short

    Listing agent Calvin Short

    Listing office SRS Real Estate Partners | Salt Lake City

    Listing date Aug 13, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners | Salt Lake City

    HighLights

    • Brand new 15‑year lease with Tractor Supply Company (Nasdaq: TSCO)
    • NN lease structure with limited landlord responsibilities
    • Corporate guarantee from Tractor Supply Company, a national retailer with over 2,300 locations and $14.88 Billion in 2024 revenue.
    • Features 5% rental increases every 5 years, providing steady NOI growth
    • Includes 4 (5‑year) options to extend the lease term.
    • Fee simple interest (land & building ownership) is included in the acquisition.

    Overview

    This property features a Tractor Supply Company (Nasdaq: TSCO) operating under a newly signed 15-year lease, with options to extend for four additional 5-year periods. The lease structure is NN, assigning limited responsibilities to the landlord. Rent increases are scheduled at 5% every five years throughout the initial term and at the start of each option period. Tractor Supply Company has over 2,300 locations across the US and reported a 2024 revenue of over $14.88 Billion. The property is located in Bayfield, Colorado.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Bayfield
    County
    La Plata
    State
    Colorado
    Longitude
    -107.596
    Latitude
    37.2342

    Nearby Similar for Sale

    • $1,000,000
      4,242 SF

      Retail Space in Bayfield, CO

      Retail space available for sale in Bayfield, Colorado.
      34 E Mill Street, Bayfield, CO 81122
      View Details
    • $3,000,000
      10,000 SF

      Commercial Property in Bayfield, Colorado

      10,000 square foot commercial property on 0.23 acres.
      381 Colorado Drive, Bayfield, CO 81122
      View Details
    • $775,000
      1,860 SF

      Bayfield Commercial Property For Sale

      Commercial property in Bayfield, Colorado, featuring 1.02-acre lot.
      18071 CR 501, Bayfield, CO 81122
      View Details
    • $149,000
      1,000 SF

      Established Spa and Salon Business

      Thriving spa and salon business opportunity in Bayfield, Colorado.
      271 N Mountain View Drive, Bayfield, CO 81122
      View Details
    • $119,900

      Land in Vallecito Lake/Bayfield, CO

      Land for sale in Vallecito Lake/Bayfield, Colorado.
      174 Trust Drive, Vallecito Lake/Bayfield, CO 81122
      View Details
    • $1,500,000
      7,200 SF

      Turnkey Agricultural Operation Near Durango

      Production-ready farmland with extensive infrastructure on 41.76 acres.
      17 Dana Ln, Bayfield, CO
      View Details
    • $75,000

      Land in Bayfield, Colorado

      One acre of land for sale in Bayfield, Colorado.
      102 E Valley View Drive, Bayfield, CO 81122
      View Details
    • $2,490,000
      10,058 SF

      Income Producing Pine River Property

      Income-producing property with rental units and a log home.
      7100 Cr 501, Bayfield, CO 81122
      View Details

    FAQs

    What type of property is this?
    Storefront property - NN leased Tractor Supply Company in Bayfield, Colorado for sale.
    Where is this storefront property located?
    The property is located at 385 Bayfield Center Drive Bayfield, CO.
    What is the asking price?
    The asking price for this property is $7,913,000.
    What are key features of this property?
    This property features: Brand new 15‑year lease with Tractor Supply Company (Nasdaq: TSCO); NN lease structure with limited landlord responsibilities; Corporate guarantee from Tractor Supply Company, a national retailer with over 2,300 locations and $14.88 Billion in 2024 revenue.
    (949) 506-2009 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Calvin Short
    Calvin Short
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    385 Bayfield Center Drive, Bayfield, CO
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!