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Property profile & analytics

117 Navajo Trl Dr Ste A Pagosa Springs, CO 81147-9033

  • Retail space
  • 13,024 SF
  • 2.88 lot acres
OFF-MARKET
Value Estimations
$1,570,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US13-2078721
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

  • A Time For You Hair & Nail Sln / Hair Salon / Nail Salon
  • Pagosa Springs Vacation Rentals by Vacasa / Vacation Rental / Real Estate Agency
  • Tabitha Zappone / Physician
  • Aesthetic Arts by Rose / Medical Clinic / Skin Care Clinic
  • Dr. Jeffrey Williams / Physician / Medical Clinic

Property Details for 117 Navajo Trl Dr Ste A

Year built
1997
Lot size
2.88 lot acres
Property size
13,024 SF
Zone code
COMMERCIAL
Property type
Retail space
APN
569920405012
APU
569920405012

Description

This 30,000 square foot shopping center in Pagosa Springs, Colorado, presents a unique value-add opportunity. Located at 117 Navajo Trail Dr, 81147, on a 2.88-acre lot, the property boasts ample parking. Currently offering a 7.89% cap rate and $220,932 NOI, the significant upside potential stems from 70% of tenants paying below-market rent and 10 of 13 leases expiring this year. This allows for substantial rent increases and repositioning of the tenant mix. The non-anchored structure, with no tenant exceeding 17% occupancy, minimizes risk. Projected year three stabilized cap rate is 9.36%, a 500 basis point increase. The asking price is $2,800,000, with a land value of $93 per square foot. This presents a compelling investment with significant short-term and long-term growth potential. The property's size and location in Archuleta County offer excellent visibility and accessibility. The blank slate opportunity allows for a complete reimagining of the property's tenant mix and lease structures, maximizing income potential and creating a thriving retail destination.


Value Estimations

based on Realmo’s proprietary methodology
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $1,675,000
    Current use
    OFFICE BUILDING
    $2,530,000
    Change: +51% Conversion: Easy
    RESTAURANT
    $1,820,000
    Change: +9% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Pagosa Springs
County
Archuleta
State
Colorado
Longitude
-107.081
Latitude
37.2538

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
$41,975
$144,620
$574,260
$718,880
-
$539,099
$2,478,101
$3,017,200
More about this property
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