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Property profile & analytics
OFF-MARKET
Specialty properties

1021 Pierce St Trinidad, CO 81082-3648

Built 1963
Entity Owned 3-yr Hold
Property ID
US13-1671158
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Year built 1963
APN 139 21 500
UPID US13-1671158
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
1021 Pierce Tdad LLC · 3 yrs held
1021 Pierce Tdad LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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