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    Property profile & analytics

    116 3rd St La Junta, CO 81050-1514

    • Office Properties & Spaces
    • 2,512 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $225,000
    Last Sale
    May 18, 2025
    Location Intelligence
    Property ID
    US13-0239279
    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

    • Office Properties & Spaces

    Property Details for 116 3rd St

    Year built
    1999
    Construction
    FRAME
    Lot size
    0.32 lot acres
    Property size
    2,512 SF
    Property type
    Office Properties & Spaces
    APN
    4643-023-22014
    APU
    464302322014

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    La Junta
    County
    Otero
    State
    Colorado
    Longitude
    -103.545
    Latitude
    37.9857

    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
    $3,175
    $8,828
    $38,830
    $47,658
    -
    $31,640
    $169,177
    $200,817

    Comparable in this City

    • Value Estimation by Request
      3,500 SF

      120 Colorado Ave

      OFFICE (GENERAL) • 3,500 SF
      120 Colorado Ave, La Junta, CO 81050
      View Details
    • Value Estimation by Request
      925 SF

      1321 3rd St

      OFFICE (GENERAL) • 925 SF
      1321 3rd St, La Junta, CO 81050-2002
      View Details
    • Value Estimation
      $195,000
      4,560 SF

      405 Colorado Ave

      OFFICE (GENERAL) • 4,560 SF
      405 Colorado Ave, La Junta, CO 81050-2335
      View Details
    • Value Estimation
      $385,000
      1,224 SF

      116 Dalton Ave

      OFFICE (GENERAL) • 1,224 SF
      116 Dalton Ave, La Junta, CO 81050-1352
      View Details
    • Value Estimation
      $360,000
      2,400 SF

      301 Raton Ave

      OFFICE (GENERAL) • 2,400 SF
      301 Raton Ave, La Junta, CO 81050-1637
      View Details
    • Value Estimation by Request
      984 SF

      213 3rd St

      OFFICE (GENERAL) • 984 SF
      213 3rd St, La Junta, CO 81050-1609
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Downtown La Junta Retail/Office Sites

      Three adjoining commercial sites in downtown La Junta for sale.
      201 Colorado Ave, La Junta, CO 81050
      View Details
    • $1,350,000
      12,257 SF

      La Junta Office Building

      Office building for sale in La Junta, Colorado.
      402 Santa Fe Ave, La Junta, CO 81050
      View Details
    • $1,000,000

      Land on State Highway 109

      Commercial land available on State Highway 109 in La Junta.
      28071 State Highway 109, La Junta, CO 81050
      View Details
    • $4,500,000

      La Junta Agricultural Property

      Agricultural property for sale in La Junta, Colorado.
      22661 Rd, La Junta, CO 81050
      View Details
    • $1,160,000

      905 3Rd St

      Hospitality properties
      905 3Rd St, La Junta, CO 81050
      View Details
    • $1,499,000
      5,204 SF

      La Junta Restaurant - Turnkey Opportunity

      Thriving Restaurant, 5,204 SF, 6 Acres
      27948 Frontage Rd, La Junta, CO 81050
      View Details
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    La Junta, CO 81050-1514
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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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