Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    139 Railroad Ave Rifle, CO 81650-2215
    Back to Search
    Property profile & analytics

    139 Railroad Ave Rifle, CO 81650-2215

    View on Map
    • Commercial land
    • 2,325 SF
    • 0.21 lot acres
    Off-Market
    Property ID
    US13-2665986
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 139 Railroad Ave

    Year built
    1948
    Lot size
    0.21 lot acres
    Property size
    2,325 SF
    Property type
    Commercial land
    APN
    217716223008
    APU
    217716223008

    Description

    This exceptional 0.64-acre development site, located in the heart of Rifle, Colorado's downtown business district, presents a unique opportunity for investors and developers. Boasting frontage on both Railroad Avenue and West 2nd Street, this property offers unparalleled visibility and accessibility. The site is zoned CBD, allowing for a wide range of commercial uses, making it ideal for a variety of projects. Further enhancing its appeal, the property comprises three separate parcels (APN: 217716223008, 217716223009, 217716223006), facilitating phased development. This strategic division allows for flexibility and potentially staggered investment. A significant advantage is the inclusion of nine water and sewer taps—three for each parcel—eliminating a major hurdle in the development process. With a total area of 28,125 square feet and a land value of $33.78 per square foot, this property offers a compelling investment at an asking price of $689,000. The property is offered fee simple. This prime location, combined with its inherent flexibility and readily available utilities, positions this site for substantial future growth and return. Bring your vision and capitalize on this exceptional opportunity to shape the future of Rifle's downtown core. The property is located at 139 Railroad Avenue, Rifle, CO 81650.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Rifle
    County
    Garfield
    State
    Colorado
    Longitude
    -107.784
    Latitude
    39.5304
    CBSA code
    24060
    CBSA name
    GLENWOOD SPRINGS, CO MICROPOLITAN STATISTICAL AREA

    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
    $2,913
    $41,290
    $0.00
    $41,290
    -
    $148,000
    $0.00
    $148,000

    Comparable in this City

    • Value Estimation by Request
      1.05 Acres

      3124 Baron Ln

      VACANT COMMERCIAL LAND • 1.05 Acres
      3124 Baron Ln, Rifle, CO 81650-8520
      View Details
    • Value Estimation by Request
      1.40 Acres

      Rifle, CO 81650

      VACANT COMMERCIAL LAND • 1.40 Acres
      Rifle, CO 81650
      View Details
    • Value Estimation by Request
      1.16 Acres

      Rifle, CO 81650

      VACANT COMMERCIAL LAND • 1.16 Acres
      Rifle, CO 81650
      View Details
    • Value Estimation by Request
      0.50 Acres

      Rifle, CO 81650

      VACANT COMMERCIAL LAND • 0.50 Acres
      Rifle, CO 81650
      View Details
    • Value Estimation by Request
      0.14 Acres

      2nd St

      VACANT COMMERCIAL LAND • 0.14 Acres
      2nd St, Rifle, CO 81650
      View Details
    • Value Estimation by Request
      0.59 Acres

      2140 Whiteriver Ave

      VACANT COMMERCIAL LAND • 468 SF
      2140 Whiteriver Ave, Rifle, CO 81650-3219
      View Details

    Similar Nearby for Sale

    • $2,400,000
      4.50 Acres

      Rifle Commercial/Industrial Opportunity

      4.5-acre commercial property with 23,548 SF industrial building in Rifle.
      2195 S 10 St, Rifle, CO 81650
      View Details
    • $19,000,000
      1,115.00 Acres

      Rifle Land Opportunity: 1,115 Acres

      1,115 acres of industrial/commercial/residential/agricultural property in Rifle, Colorado.
      545 Co Rd 352, Rifle, CO 81650
      View Details
    • $550,000
      Pending

      Rifle, CO Commercial Land

      One acre development parcel near Walmart in Rifle, Colorado.
      756 Airport Rd, Rifle, CO 81650
      View Details
    • Contact for pricing

      Corner Commercial Parcel Visible I-70

      Commercial corner lot visible from I-70, curbs and gutters.
      325 S 7 St, Rifle, CO 81650
      View Details
    • Contact for pricing

      9 AC Development Parcel

      9 AC development parcel near Walmart store.
      756 Airport Rd, Rifle, CO 81650
      View Details
    • $1,000,000
      17.00 Acres

      17 Acres Commercial Land, Rifle

      17 acres of commercial land for sale in Rifle, CO.
      W Parcel'', Rifle, CO 81650
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr

      Truck Wash Bay For Lease

      Heated truck wash bay available for lease in Rifle, Colorado.
      4283 W Centennial Pkwy, Rifle, CO 81650
      View Details
    • Contact for pricing

      New Warehouse Space in Rifle

      Warehouse space for lease with interstate access and visibility.
      1944 Airport Rd, Rifle, CO 81650
      View Details
    • $16 SF/Yr

      Rifle Warehouse with Roll-Up Doors

      2250 SF warehouse with gated entrance and negotiable yard.
      762 Buckhorn Dr, Rifle, CO 81650
      View Details
    • $1,050 /Mo

      West Rifle Warehouse Units

      Warehouse units for rent in West Rifle, Colorado.
      2104 Access Rd, Rifle, CO 81650
      View Details
    • $3,650 /Mo
      14,024 SF

      New Warehouse Space in Rifle

      New warehouse space for lease with great access and visibility.
      1944 Airport Rd, Rifle, CO 81650
      View Details
    • $12 SF/Yr

      Rifle Commercial Space with Cold Storage

      20,261 SF Rifle commercial space with meat processing infrastructure.
      2127 Airport Rd, Rifle, CO 81650
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    139 Railroad Ave
    Rifle, CO 81650-2215
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    139 Railroad Ave, Rifle, CO, 81650
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!