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    Property profile & analytics

    1504 State Hwy 112 Center, CO 81125

    • Office buildings
    • 400 SF
    • 13.43 lot acres
    OFF-MARKET
    Value Estimation
    $935,000
    Last Sale
    Aug 02, 2022
    $850,000
    Location Intelligence
    Property ID
    US13-1899631
    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 1504 State Hwy 112

    Year built
    1993
    Lot size
    13.43 lot acres
    Property size
    400 SF
    Property type
    Office buildings
    APN
    1302200347
    APU
    1302200347

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $990,000

    • CAP approach

      CAP return
      Estimation
      6%
      $880,000
      6.5%
      $920,000
      7%
      $940,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $845,000
      Geo Method
      $920,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $845,000
      Retail
      $1,060,000
      Mixed-Use
      $1,060,000
      Hospitality
      $935,000
      Educational
      $895,000
      Residential Income
      $835,000
      Energy
      $975,000
      Income-Based Land
      $820,000
      Food Service
      $980,000

    Location Insight

    • Map
    • Local Demand
    City
    Center
    County
    Rio Grande
    State
    Colorado
    Longitude
    -106.177
    Latitude
    37.7416

    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
    $1,278
    $5,166
    $14,780
    $19,946
    -
    $18,517
    $52,975
    $71,492

    Comparable in this City

    • Value Estimation by Request

      357 3rd St

      OFFICE BUILDING
      357 3rd St, Center, CO 81125
      View Details
    • Value Estimation
      $55,000
      1,120 SF

      334 Worth St

      OFFICE BUILDING • 1,120 SF
      334 Worth St, Center, CO 81125
      View Details
    • Value Estimation by Request

      684 Broadway

      OFFICE BUILDING
      684 Broadway, Center, CO 81125
      View Details
    • Value Estimation by Request

      663 Warden St

      OFFICE BUILDING
      663 Warden St, Center, CO 81125
      View Details
    • Value Estimation
      $420,000
      3,864 SF

      Hwy 112th E

      OFFICE BUILDING • 3,864 SF
      Hwy 112th E, Center, CO 81125
      View Details
    • Value Estimation by Request

      357 4th St

      OFFICE BUILDING
      357 4th St, Center, CO 81125
      View Details

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      Former Potato Packing Shed

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    1504 State Hwy 112
    Center, CO 81125
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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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