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    401-407 Commercial St Trinidad, CO 81082

    • Specialty properties
    • 13,104 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 401-407 Commercial St

    Year built
    1886
    Property size
    13,104 SF
    Property type
    Specialty properties
    Property subtype
    Retail properties

    Description

    This exceptional mixed-use property, located at 401-407 N Commercial St, Trinidad, CO 81082, presents a compelling investment opportunity. The three-story, 13,104 square foot Bell Block Building, constructed in 1886 and extensively renovated in 2020, boasts a blend of commercial and residential space. The building currently houses two leased retail storefronts and six updated apartments

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Trinidad
    County
    Las Animas
    State
    Colorado
    Longitude
    -104.507
    Latitude
    37.1711

    Comparable in this City

    • Value Estimation by Request
      13,419 SF

      443 Commercial St

      Individual retail properties • 13,419 SF
      443 Commercial St, Trinidad, CO 81082
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    • Value Estimation by Request
      26,000 SF

      1425 Atchison Ave

      Multifamily properties • 26,000 SF
      1425 Atchison Ave, Trinidad, CO 81082
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    • Value Estimation by Request
      26,000 SF

      331-335 Main St

      Mixed-use properties • 26,000 SF
      331-335 Main St, Trinidad, CO 81082
      View Details
    • Value Estimation by Request
      13,104 SF

      401-407 Commercial St

      Mixed-use properties • 13,104 SF
      401-407 Commercial St, Trinidad, CO 81082
      View Details
    • Value Estimation by Request
      2,024 SF

      316 Prospect St

      Individual retail properties • 2,024 SF
      316 Prospect St, Trinidad, CO 81082
      View Details
    • Value Estimation by Request

      Trinidad, CO 81082

      CHARITABLE ORGANIZATION
      Trinidad, CO 81082
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Renovated Commercial Space in Trinidad

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    • $7,150 /Mo
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      Renovated Commercial Space, Trinidad, CO

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      323 N Commercial St, Trinidad, CO 81082
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    • $7 SF/Yr
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      Trinidad Industrial Yard - 5 Acres

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    401-407 Commercial St
    Trinidad, CO 81082
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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
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