Rifle Commercial Property with
For Sale
Under Contract
$385,000
758 Railroad Avenue, Rifle, CO 81650
COMMERCIAL - Rifle, CO
Property Size1,468 SF
Lot Size0.16 Acres
Price / SF$262.26
Days on Market231
Property Features for 758 Railroad Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
MDR
Basement
Unfinished
Subdivision
Maxfield Addition
Lot features
Corner Lot
Directions
Railroad Avenue to 8th Street
Standard status
Active Under Contract
APN
217709315015
Size
1,468 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Section: 9 Township: 6 Range: 93 Subdivision: MAXFIELD ADD. Block: 3 Lot: 35 AND:- Lot: 36
Tax Annual Amount
3406
Legal Description
Section: 9 Township: 6 Range: 93 Subdivision: MAXFIELD ADD. Block: 3 Lot: 35 AND:- Lot: 36
Utilities
Water source
Public
Building Details
Year built
1908
Building materials
Frame
Roof type
Metal
Listing Agency:
United Country Real Colorado Properties
(970) 256-9700
Listed By:
Renee Morrison
(970) 260-2018
Added: Dec 12, 2025
Changed: Jul 28
Last Checked: Jul 31 at 6:06PM
MLS# 191056
Copyright © 2026 Aspen Glenwood MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at the corner of 8th and Railroad Avenue, this property offers significant potential. Situated across from the middle school and close to the Rifle Fairgrounds, the location is ideal for various uses. The property, previously used as a real estate office, could function well as a home-based business. With remodeling, it can be converted into a 3-bedroom, 1-bath residence with a living area, kitchen, and a large bonus room suitable for a home/office combination. The property includes a fenced backyard with two storage sheds and mature landscaping. The bonus room is equipped with window shades and a mini-split system for heating and cooling. Recent improvements include exterior paint, upgraded light fixtures throughout, an upgraded electrical circuit in the kitchen area, an upgraded Rennar on-demand water heater, Dura Rock installed in the basement, and a replaced sewer line from the building to the cleanout. The lot size is 0.16 acres. The property size is 1468 square feet. The zoning is MDR.
Key Highlights
- Prime corner lot location near school and fairgrounds.
- Potential for home‑based business.
- Remodel potential to 3‑bedroom layout with bonus room.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.2k | $21.96 |
| − Vacancy | −$4.5k | −$3.07 |
| EGI | $27.7k | $18.89 |
| − OpEx | −$6.9k | −$4.72 |
| NOI | $20.8k | $14.16 |
1,468 SF · lease $21.96/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$297.0K
$259.9K – $346.6K
NOI $20,793 @ 7.0% cap · market cap 5.40%
Second Best
Mixed Use
$216.8K
$189.7K – $253.0K
NOI $15,177 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$384.5K
$336.4K – $448.5K
NOI $26,912 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
680
Businesses Nearby
Explore this area
Business Placement
Demographics for 81650, CO
14,336
Population
5,088
Households
2.8
Avg Household Size
34
Median Age
17%
College-Educated
85%
High-School Grad
1,022.7 sq mi
ZIP Area
14
Density / Sq Mi
$81,506
Median Household Income
$41,982
Median Earnings
$1,236
Median Rent
$397,100
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Live-work space - Corner lot with potential for home-based business or residential use.
Where is this live-work space located?
The property is located at 758 Railroad Avenue Rifle, CO.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Prime corner lot location near school and fairgrounds.; Potential for home‑based business.; Remodel potential to **3‑bedroom layout with bonus room.**
