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    Property profile & analytics

    109 Lee Ave Ste, Unit 16 Lamar, CO 81052-3740

    • Strip malls
    • 26,150 SF
    OFF-MARKET
    Value Estimation
    $395,000
    Location Intelligence
    Property ID
    US13-1864906
    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

    • Strip malls

    Property Details for 109 Lee Ave Ste

    Year built
    1967
    Construction
    TYPE NOT SPECIFIED
    Property size
    26,150 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    200071680
    APU
    200071680

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lamar
    County
    Prowers
    State
    Colorado
    Longitude
    -102.619
    Latitude
    38.0747

    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
    $5,533
    $22,500
    $98,694
    $121,194
    -
    $45,000
    $261,056
    $306,056

    Comparable in this City

    • Value Estimation by Request
      9,800 SF

      107 Elm St, Unit 113

      SHOPPING CENTER, STRIP CENTER • 9,800 SF
      107 Elm St, Lamar, CO 81052-2701
      View Details
    • Value Estimation by Request
      9,450 SF

      222-224 Main St

      SHOPPING CENTER, STRIP CENTER • 9,450 SF
      222-224 Main St, Lamar, CO 81052
      View Details
    • Value Estimation by Request
      5,000 SF

      121 Beech St

      SHOPPING CENTER, STRIP CENTER • 5,000 SF
      121 Beech St, Lamar, CO 81052-2731
      View Details
    • Value Estimation by Request
      15,222 SF

      201 Main St

      SHOPPING CENTER, STRIP CENTER • 15,222 SF
      201 Main St, Lamar, CO 81052-2832
      View Details
    • Value Estimation
      $1,085,000
      112,642 SF

      1432 Olive St

      WHOLESALE OUTLET, DISCOUNT STORE • 112,642 SF
      1432 Olive St, Lamar, CO 81052-2958
      View Details
    • Value Estimation by Request
      289 SF

      6 Picasso Ct

      AUTO REPAIR, GARAGE • 289 SF
      6 Picasso Ct, Lamar, CO 81052
      View Details

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    109 Lee Ave Ste, Unit 16
    Lamar, CO 81052-3740
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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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