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    Property profile & analytics

    112 Spruce St Gunnison, CO 81230-2720

    • Grocery and convenience stores
    • 22,538 SF
    • 1.52 lot acres
    OFF-MARKET
    Value Estimation
    $530,000
    Location Intelligence
    Property ID
    US13-1404061
    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

    • Primo Water Refill & Exchange / Bottled Water Supplier
    • Safeway / Florist / Grocery Delivery Service
    • Safeway Bakery / Bakery
    • Redbox / Movie Rental Kiosk / Dvd Store
    • Western Union / Money Transfer Service

    Property Details for 112 Spruce St

    Year built
    1969
    Lot size
    1.52 lot acres
    Property size
    22,538 SF
    Property type
    Grocery and convenience stores
    APN
    378701219002
    APU
    378701219002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $555,000

    • CAP approach

      CAP return
      Estimation
      6%
      $475,000
      6.5%
      $465,000
      7%
      $510,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $525,000
      Geo Method
      $420,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $440,000
      Retail
      $535,000
      Mixed-Use
      $500,000
      Hospitality
      $555,000
      Educational
      $585,000
      Residential Income
      $430,000
      Energy
      $420,000
      Income-Based Land
      $585,000
      Food Service
      $450,000

    Location Insight

    • Map
    • Local Demand
    City
    Gunnison
    County
    Gunnison
    State
    Colorado
    Longitude
    -106.93
    Latitude
    38.5438

    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
    $35,422
    $185,160
    $513,120
    $698,280
    -
    $663,660
    $1,869,140
    $2,532,800

    Comparable in this City

    • Value Estimation
      $440,000
      3,106 SF

      108 12th St

      CONVENIENCE STORE • 3,106 SF
      108 12th St, Gunnison, CO 81230-3102
      View Details
    • Value Estimation
      $445,000
      3,600 SF

      122 Blvd St

      CONVENIENCE STORE • 3,600 SF
      122 Blvd St, Gunnison, CO 81230-3118
      View Details
    • Value Estimation by Request
      48,839 SF

      880 Main St

      GROCERY, SUPERMARKET • 48,839 SF
      880 Main St, Gunnison, CO 81230-2414
      View Details
    • Value Estimation
      $395,000
      4,217 SF

      905 Main St

      CONVENIENCE STORE • 4,217 SF
      905 Main St, Gunnison, CO 81230-2415
      View Details
    • Value Estimation
      $1,905,000
      1,855 SF

      821 Tomichi Ave

      CONVENIENCE STORE • 1,855 SF
      821 Tomichi Ave, Gunnison, CO 81230-3437
      View Details
    • Value Estimation
      $210,000
      2,883 SF

      201 Tomichi Ave

      CONVENIENCE STORE • 2,883 SF
      201 Tomichi Ave, Gunnison, CO 81230-2326
      View Details

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    Property Visit Statistics

    • Visits by month
      17.4k
    • Visitors by month
      10.6k
    • Avg Time on site
      17 min
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    112 Spruce St
    Gunnison, CO 81230-2720
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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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