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    Property profile & analytics

    15127 State Hwy 115 Penrose, CO 81240-8923

    • Warehouses
    • 1,920 SF
    • 8.84 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US13-0751877
    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

    • Warehouses

    Property Details for 15127 State Hwy 115

    Year built
    1985
    Lot size
    8.84 lot acres
    Property size
    1,920 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    69007720
    APU
    69007720

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Penrose
    County
    Fremont
    State
    Colorado
    Longitude
    -105.026
    Latitude
    38.4289
    CBSA code
    15860
    CBSA name
    CANON CITY, 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
    $3,772
    $0.00
    $0.00
    $52,418
    -
    $0.00
    $0.00
    $187,880

    Comparable in this City

    • Value Estimation by Request
      2,916 SF

      1295 H St

      MINI-WAREHOUSE, STORAGE • 2,916 SF
      1295 H St, Penrose, CO 81240-9698
      View Details
    • Value Estimation by Request
      3,000 SF

      378 9th St

      MINI-WAREHOUSE, STORAGE • 3,000 SF
      378 9th St, Penrose, CO 81240-9320
      View Details
    • Value Estimation by Request
      1,380 SF

      1450 9th St

      MINI-WAREHOUSE, STORAGE • 1,380 SF
      1450 9th St, Penrose, CO 81240-9777
      View Details
    • Value Estimation by Request
      47,650 SF

      Penrose, CO 81240

      MINI-WAREHOUSE, STORAGE • 47,650 SF
      Penrose, CO 81240
      View Details
    • Value Estimation by Request
      984 SF

      652 3rd St

      MINI-WAREHOUSE, STORAGE • 984 SF
      652 3rd St, Penrose, CO 81240-9206
      View Details
    • Value Estimation by Request
      10.00 Acres

      1640 14th St

      MINI-WAREHOUSE, STORAGE • 10.00 Acres
      1640 14th St, Penrose, CO 81240-9072
      View Details

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      20 Acres of Land in Penrose

      20-acre property in Penrose, Colorado, suitable for various uses.
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      Fenced 5-Acre Lot with Irrigation

      5-acre lot with irrigation, ready for livestock or new home.
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    15127 State Hwy 115
    Penrose, CO 81240-8923
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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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