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Property profile & analytics
OFF-MARKET
Office buildings

1002 Rainbow Blvd Salida, CO 81201-2959

900 SF 0.16 ac lot Built 1987
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US13-1405713
Property summary
AI-generated overview

This exceptional 900-square-foot commercial office building presents a unique investment opportunity in Salida, Colorado. Situated on a highly visible 0.16-acre corner lot at the intersection of Highway 50 and Blake Street, this property boasts excellent highway frontage, ensuring maximum exposure for your business. Previously utilized as a car sales lot, its adaptable layout offers diverse possibilities for a variety of commercial ventures. The building features convenient access from both sides of the parking lot, enhancing customer and employee accessibility. The main level comprises a spacious reception area or lobby (20' x 13'), generously appointed with large windows overlooking the expansive lot. Two private offices provide ample space for individual work or meetings. A full restroom and kitchen add to the building's functionality and convenience. A sizable basement offers substantial storage capacity, ideal for inventory or archives. This property's prime location, combined with its versatile interior and ample parking, makes it an ideal choice for entrepreneurs seeking a high-visibility commercial space in the thriving Salida market. The property is ready for immediate occupancy and presents a compelling opportunity for a discerning buyer.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Total area 900 SF
Lot 0.16 ac (6,970 SF)
APN R380705426160
UPID US13-1405713
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Speedy Auto Sales INC Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Kb Squared Investments LLC · 1 yrs held
Kb Squared Investments LLC
since 2025
Last sale
$430,000
3 recorded transactions
2025
$430,000
2008
Price N/A
2005
$119,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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