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    Property profile & analytics

    1501 Main St Lamar, CO 81052-3823

    • Office buildings
    • 7,980 SF
    OFF-MARKET
    Value Estimation
    $365,000
    Last Sale
    May 29, 2024
    $353,400
    Location Intelligence
    Property ID
    US13-2095243
    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 buildings

    Property Details for 1501 Main St

    Year built
    2013
    Construction
    TYPE NOT SPECIFIED
    Property size
    7,980 SF
    Property type
    Office buildings
    APN
    200007800
    APU
    200007800

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $355,000

    • CAP approach

      CAP return
      Estimation
      6%
      $380,000
      6.5%
      $355,000
      7%
      $415,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $415,000
      Geo Method
      $430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $345,000
      Retail
      $375,000
      Mixed-Use
      $405,000
      Hospitality
      $405,000
      Educational
      $415,000
      Residential Income
      $405,000
      Energy
      $365,000
      Income-Based Land
      $350,000
      Food Service
      $335,000

    Location Insight

    • Map
    • Local Demand
    City
    Lamar
    County
    Prowers
    State
    Colorado
    Longitude
    -102.618
    Latitude
    38.0751

    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
    $6,471
    $18,750
    $149,764
    $168,514
    -
    $37,500
    $315,375
    $352,875

    Comparable in this City

    • Value Estimation by Request
      2,290 SF

      7245 Us Hwy 50

      OFFICE BUILDING • 2,290 SF
      7245 Us Hwy 50, Lamar, CO 81052-9571
      View Details
    • Value Estimation by Request
      4,656 SF

      110 Lee Ave

      OFFICE BUILDING • 4,656 SF
      110 Lee Ave, Lamar, CO 81052-3711
      View Details
    • Value Estimation by Request
      2,390 SF

      310 6th St

      OFFICE BUILDING • 2,390 SF
      310 6th St, Lamar, CO 81052-2720
      View Details
    • Value Estimation by Request
      3,500 SF

      117 Beech St

      OFFICE BUILDING • 3,500 SF
      117 Beech St, Lamar, CO 81052-2731
      View Details
    • Value Estimation
      $300,000
      2,475 SF

      1500 Main St

      OFFICE BUILDING • 2,475 SF
      1500 Main St, Lamar, CO 81052-3824
      View Details
    • Value Estimation
      $265,000
      4,117 SF

      107 Poplar St

      OFFICE BUILDING • 4,117 SF
      107 Poplar St, Lamar, CO 81052-2438
      View Details

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    • Contact for pricing

      Lamar Industrial Lots for Sale

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    1501 Main St
    Lamar, CO 81052-3823
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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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