1021 Pierce St Trinidad, CO 81082-3648
This exceptional 28,000 square foot commercial property, located at 1021 Pierce St, Trinidad, CO 81082, offers a unique opportunity for lease. Situated on 4.2 acres and boasting over 100 parking spaces, this Class B building, constructed in 1964 and renovated in 2002, presents a versatile space ideal for various uses. Currently, approximately half the building is occupied by a Head Start program. The available 14,000 square feet comprises nine large suites, each exceeding 750 square feet, perfect for a variety of tenants. Each suite features exterior doors and sinks, making them highly adaptable. Additional amenities include boys' and girls' restrooms, a full commercial kitchen, lunchroom, gymnasium, teachers' lounge, adult restrooms, staff offices, and robust security features. The property is zoned for school use and is located near W. Adams St. in the Trinidad submarket of Las Animas County. The minimum leasable space is 750 square feet, with a maximum contiguous space of 20,000 square feet available. The building is a single-story structure with local municipal electric and natural gas services. This property is uniquely suited for organizations needing large, adaptable spaces, and offers the incentive of two months of free rent. The property's history as an elementary school provides a ready-made infrastructure for educational or childcare-related businesses. Serious inquiries are encouraged to explore the possibilities of this exceptional property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.