Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1701 Main St Lamar, CO 81052-3826

    • Turn key restaurants
    • 2,014 SF
    OFF-MARKET
    Value Estimation
    $1,010,000
    Last Sale
    Mar 21, 2023
    $1,100,000
    Location Intelligence
    Property ID
    US13-2076850
    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

    • Turn key restaurants

    Property Details for 1701 Main St

    Year built
    1978
    Construction
    TYPE NOT SPECIFIED
    Property size
    2,014 SF
    Property type
    Turn key restaurants
    APN
    200057410
    APU
    200057410

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $980,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,055,000
      6.5%
      $1,020,000
      7%
      $1,090,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,235,000
      Geo Method
      $1,115,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $920,000
      Retail
      $1,050,000
      Mixed-Use
      $995,000
      Hospitality
      $1,050,000
      Educational
      $980,000
      Residential Income
      $1,075,000
      Energy
      $895,000
      Income-Based Land
      $1,035,000
      Food Service
      $870,000

    Location Insight

    • Map
    • Local Demand
    City
    Lamar
    County
    Prowers
    State
    Colorado
    Longitude
    -102.617
    Latitude
    38.0723

    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
    $2,112
    $13,125
    $49,959
    $63,084
    -
    $26,250
    $109,144
    $135,394

    Comparable in this City

    • Value Estimation
      $220,000
      2,132 SF

      906 Main St

      RESTAURANT • 2,132 SF
      906 Main St, Lamar, CO 81052
      View Details
    • Value Estimation
      $85,000
      3,208 SF

      109 Main St

      RESTAURANT • 3,208 SF
      109 Main St, Lamar, CO 81052-2830
      View Details
    • Value Estimation by Request
      7,000 SF

      300-302 Main St

      RESTAURANT • 7,000 SF
      300-302 Main St, Lamar, CO 81052
      View Details
    • Value Estimation
      $125,000
      903 SF

      1231 Main St

      RESTAURANT • 903 SF
      1231 Main St, Lamar, CO 81052
      View Details
    • Value Estimation
      $230,000
      2,860 SF

      1001 Main St

      RESTAURANT • 2,860 SF
      1001 Main St, Lamar, CO 81052-2109
      View Details
    • Value Estimation
      $330,000
      4,536 SF

      113 Olive St

      RESTAURANT • 4,536 SF
      113 Olive St, Lamar, CO 81052-2836
      View Details

    Similar Nearby for Sale

    • $5,200,000
      20,000 SF

      Highway Travel Center with Income

      Travel center with fuel, restaurant, store, repair, and leases.
      33110 Rd, Lamar, CO 81052
      View Details
    • $3,347,000
      40,522 SF

      Lamar Retail Investment Opportunity

      Retail property with long-term lease and strong tenant commitment.
      300 Savage Ave, Lamar, CO 81052
      View Details
    • $30,000
      1.00 Acre

      Residential Land in Lamar, Colorado

      One-acre lots ideal for building a home in Lamar, CO.
      Rodeo Dr, Lamar, CO 81052
      View Details
    • $625,000
      7,680 SF

      Lamar Commercial Building - Prime Location

      High-traffic retail & shop space, great access.
      201 2Nd St, Lamar, CO 81052
      View Details
    • Contact for pricing

      Lamar Industrial Lots for Sale

      11 Lots, 12,499 - 72,578 sq ft
      0 College Rd, Lamar, CO 81052
      View Details
    • $40,000
      1.00 Acres

      Lamar, CO Land Opportunity

      Two adjoining lots with development potential near hospital in Lamar.
      Valley View Rd, Lamar, CO 81052
      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.
    1701 Main St
    Lamar, CO 81052-3826
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.