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    Property profile & analytics

    105 Main Ave Pierce, CO 80650

    • Retail properties
    • 1,440 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 105 Main Ave

    Lot size
    0.50 lot acres
    Property size
    1,440 SF
    Property type
    Retail properties
    Property subtype
    Office Properties & Spaces

    Description

    This exceptional commercial property at 105 Main Avenue in Pierce, Colorado, presents a unique investment opportunity. Boasting a highly visible location at the intersection of Highway 85 and Main Avenue – the main entrance to Pierce – this property offers unparalleled exposure to a substantial daily traffic volume. The 1,440 square foot building is zoned for both retail and office use, making it ideal for a variety of businesses. The property sits on a sizable 0.5-acre lot, comprised of two parcels, providing ample parking and significant potential for expansion or redevelopment. A key advantage is the inclusion of a fully finished basement, adding considerable usable space. Highway 85 traffic counts, combined with Main Avenue traffic, total 5,666 vehicles daily, ensuring consistent visibility and accessibility for your business. The asking price is $475,000. This hard corner location offers a rare blend of high visibility, substantial space, and growth potential in a thriving Colorado community. Don't miss this chance to secure a prime commercial property in a strategic location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pierce
    County
    Weld
    State
    Colorado
    Longitude
    -104.753
    Latitude
    40.6354

    Comparable in this City

    • Value Estimation by Request
      1,500 SF

      221 Main Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      221 Main Ave, Pierce, CO 80650-5011
      View Details
    • Value Estimation by Request
      1,750 SF

      140 Main Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,750 SF
      140 Main Ave, Pierce, CO 80650
      View Details
    • Value Estimation
      $580,000
      7,000 SF

      139 Main Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,000 SF
      139 Main Ave, Pierce, CO 80650-5000
      View Details
    • Value Estimation by Request
      1,525 SF

      211 Main Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,525 SF
      211 Main Ave, Pierce, CO 80650-5011
      View Details
    • Value Estimation by Request
      1,525 SF

      209 Main Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,525 SF
      209 Main Ave, Pierce, CO 80650
      View Details
    • Value Estimation by Request
      1,958 SF

      501 1st St

      RETAIL STORES (PERSONAL SERVICES) • 1,958 SF
      501 1st St, Pierce, CO 80650-8906
      View Details

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    Pierce, CO 80650
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    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
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