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Property profile & analytics

323 Commercial St Trinidad, CO 81082

  • Sports & entertainment properties
  • 6,592 SF
  • 0.61 lot acres
Value Estimation
Last Sale
May 11, 2023
$469,000
Location Intelligence
Property ID
US13-1670353
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Sports & entertainment properties

Property Details for 323 Commercial St

Year built
1968
Lot size
0.61 lot acres
Property size
6,592 SF
Property type
Sports & entertainment properties
APN
121 04 500
APU
12104500

Description

This exceptional 6,592-square-foot commercial property in Trinidad, Colorado, presents a unique opportunity for a variety of businesses. Located downtown, this single-tenant space boasts a fully renovated interior, featuring fresh interior paint and texture, upgraded electrical and HVAC systems, new ceiling tiles, and enhanced plumbing. The stunning epoxy-sealed concrete floors add a modern touch. Architectural details include reconfigured interior walls and the re-exposed original garage door, showcasing a blend of modern updates and historical charm. A brand-new TPO roof ensures long-term durability. The space is white-boxed and ready for immediate occupancy. The layout includes a welcoming entrance reception area leading to a spacious event area, complemented by several versatile rooms suitable for a wide range of uses, such as a wellness center, small-scale manufacturing, art/music studios, a retail center, a makerspace, co-working, a youth center, or an entertainment venue. The property sits on 0.61 acres and includes 20 parking spaces. The building is a single-story structure built in 1968 and is zoned for commercial use within Las Animas County. Utilities, internet, and additional operating expenses are the responsibility of the tenant. A minimum one-year lease term is required. This property offers unparalleled flexibility and convenience, making it an ideal location for a thriving business.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $435,000
  • CAP approach

    CAP return
    Estimation
    6%
    $510,000
    6.5%
    $485,000
    7%
    $470,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $450,000
    Geo Method
    $440,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $505,000
    Retail
    $470,000
    Mixed-Use
    $470,000
    Hospitality
    $500,000
    Educational
    $485,000
    Residential Income
    $445,000
    Energy
    $480,000
    Income-Based Land
    $555,000
    Food Service
    $515,000

Location Insight

  • Map
  • Local Demand
City
Trinidad
County
Las Animas
State
Colorado
Longitude
-104.507
Latitude
37.1708

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,281
$49,630
$32,360
$81,990
-
$177,889
$115,968
$293,857
More about this property
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