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    Property profile & analytics

    109 Colorado Ave Telluride, CO 81435

    • Office buildings
    • 1,778 SF
    • 0.07 lot acres
    For Sale
    View listing
    $4,298,000
    Value Estimation
    Last Sale
    Apr 20, 2021
    $1,725,000
    Location Intelligence
    Property ID
    US13-2143810
    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

    • Office buildings

    Property Details for 109 Colorado Ave

    Year built
    1920
    Lot size
    0.07 lot acres
    Property size
    1,778 SF
    Zone code
    C3
    Property type
    Office buildings
    APN
    1010003590
    APU
    1010003590

    Description

    This iconic 1,778 square foot commercial building, located at 109 W Colorado Avenue in Telluride, Colorado, presents a unique investment opportunity. Originally opened in 1920 as the Bank of Telluride, this historic structure boasts a rich and intriguing past. The property sits on a 0.07-acre lot and offers significant redevelopment potential. Detailed, HARC-approved plans are already in place, allowing for a seamless transition into a revitalized space. The approved plans encompass a mix of commercial and residential units, along with valuable parking and storage areas. The building's prominent 42-foot frontage on Main Street is subject to a Preservation Easement with the Town of Telluride, ensuring the preservation of its historical character. This is a rare chance to acquire a piece of Telluride's history and transform it into a thriving modern space. The asking price for this exceptional property is $4,298,000. The approved plans provide a clear path to realizing the full potential of this remarkable building, making it an attractive investment for discerning buyers seeking a blend of history, location, and future development. Detailed plans and specifications are available upon request.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,805,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,685,000
      6.5%
      $1,820,000
      7%
      $1,855,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,800,000
      Geo Method
      $2,015,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,770,000
      Retail
      $1,760,000
      Mixed-Use
      $1,900,000
      Hospitality
      $1,645,000
      Educational
      $1,510,000
      Residential Income
      $1,765,000
      Energy
      $1,460,000
      Income-Based Land
      $1,885,000
      Food Service
      $1,780,000

    Location Insight

    • Map
    • Local Demand
    City
    Telluride
    County
    San Miguel
    State
    Colorado
    Longitude
    -107.811
    Latitude
    37.9375

    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
    $46,973
    $767,250
    $208,350
    $975,600
    -
    $2,750,000
    $746,760
    $3,496,760

    Comparable in this City

    • Value Estimation by Request
      252 SF

      250 Fir St, Unit 5

      OFFICE BUILDING • 252 SF
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      View Details
    • Value Estimation by Request
      702 SF

      313 Adams Rnch Rd2-2a

      OFFICE BUILDING • 702 SF
      313 Adams Rnch Rd2-2a, Mountain Village, CO 81435-9345
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    • Value Estimation by Request
      131 SF

      222 Colorado Ave, Unit 17

      OFFICE BUILDING • 131 SF
      222 Colorado Ave, Telluride, CO 81435
      View Details
    • Value Estimation
      $400,000
      2,900 SF

      109 Colorado Ave, Unit 1

      OFFICE BUILDING • 2,900 SF
      109 Colorado Ave, Telluride, CO 81435-5022
      View Details
    • Value Estimation by Request
      4,640 SF

      307 Colorado Ave, Unit 200

      OFFICE BUILDING • 4,640 SF
      307 Colorado Ave, Telluride, CO 81435
      View Details
    • Value Estimation
      $500,000
      127 SF

      220 Colorado Ave, Unit 211

      OFFICE BUILDING • 127 SF
      220 Colorado Ave, Telluride, CO 81435-5049
      View Details

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      Telluride Premier Development Parcel

      Prime Telluride location, exceptional development potential.
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    109 Colorado Ave
    Telluride, CO 81435
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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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