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    Property profile & analytics

    116-118 Main St Lamar, CO 81052

    • Retail space
    • 7,471 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US13-1802027
    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

    • Retail space

    Property Details for 116-118 Main St

    Year built
    1895
    Construction
    TYPE NOT SPECIFIED
    Property size
    7,471 SF
    Property type
    Retail space
    APN
    200049510
    APU
    200049510

    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
    -102.62
    Latitude
    38.0884

    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
    2019
    $566
    $7,000
    $887
    $7,887
    -
    $14,000
    $15,974
    $29,974

    Comparable in this City

    • Value Estimation by Request
      2,000 SF

      123 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,000 SF
      123 Main St, Lamar, CO 81052-2523
      View Details
    • Value Estimation
      $930,000
      17,999 SF

      8723 Hwy E 50

      RETAIL STORES (PERSONAL SERVICES) • 17,999 SF
      8723 Hwy E 50, Lamar, CO 81052
      View Details
    • Value Estimation by Request
      3,399 SF

      102 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,399 SF
      102 Main St, Lamar, CO 81052-2831
      View Details
    • Value Estimation
      $75,000
      7,300 SF

      122 Main St

      RETAIL STORES (PERSONAL SERVICES) • 7,300 SF
      122 Main St, Lamar, CO 81052-2831
      View Details
    • Value Estimation
      $420,000
      12,911 SF

      224 Main St

      RETAIL STORES (PERSONAL SERVICES) • 12,911 SF
      224 Main St, Lamar, CO 81052-2526
      View Details
    • Value Estimation by Request
      0.32 Acres

      1101 Main St

      RETAIL STORES (PERSONAL SERVICES) • 0.32 Acres
      1101 Main St, Lamar, CO 81052-3815
      View Details

    Similar Nearby for Sale

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      20,000 SF

      Highway Travel Center with Income

      Travel center with fuel, restaurant, store, repair, and leases.
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    • $3,347,000
      40,522 SF

      Lamar Retail Investment Opportunity

      Retail property with long-term lease and strong tenant commitment.
      300 Savage Ave, Lamar, CO 81052
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    • Contact for pricing

      Lamar Industrial Lots for Sale

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    • $625,000
      7,680 SF

      Lamar Commercial Building - Prime Location

      High-traffic retail & shop space, great access.
      201 2Nd St, Lamar, CO 81052
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    • $40,000
      1.00 Acres

      Lamar, CO Land Opportunity

      Two adjoining lots with development potential near hospital in Lamar.
      Valley View Rd, Lamar, CO 81052
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    • $30,000
      1.00 Acre

      Residential Land in Lamar, Colorado

      One-acre lots ideal for building a home in Lamar, CO.
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      View Details
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    116-118 Main St
    Lamar, CO 81052
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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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