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

    201 Columbine Ct Parachute, CO 81635-9529

    • Commercial real estate
    • 2,592 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    $2,400,000
    Last Sale
    Jun 17, 2021
    $2,571,400
    Location Intelligence
    Property ID
    US13-0884023
    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

    • Shell / Atm / Convenience Store
    • Coin Cloud Bitcoin ATM / Atm / Crypto Atm
    • Good 2 Go / Convenience Store

    Property Details for 201 Columbine Ct

    Year built
    1994
    Construction
    WOOD
    Lot size
    0.50 lot acres
    Property size
    2,592 SF
    Property type
    Commercial real estate
    APN
    240707204011
    APU
    240707204011

    Description

    This fee-simple retail property in Parachute, Colorado, presents a unique opportunity for an owner-operator. The 2,592 square foot gas station and convenience store sits on a 0.5-acre lot at 201 Columbine Ct, 81635, boasting 175 feet of frontage on Railroad Ave and high visibility from I-70 thanks to a large, illuminated monument sign. The property includes three 12,000-gallon fuel tanks (Regular, Premium, and Diesel), all installed in 1994. Currently operating at 100% occupancy, the existing shell fuel contract and lease will be terminated before closing. The convenience store has been recently remodeled. The asking price is $1,500,000, translating to $358.80 per square foot. Built in 1994, this four-pump gas station offers significant potential for a hands-on owner. Note that an adjacent Wendy's restaurant is a separate property and not included in this sale. This is a turnkey operation in a desirable Garfield County location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,190,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,605,000
      6.5%
      $2,800,000
      7%
      $2,845,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,885,000
      Geo Method
      $2,535,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,880,000
      Retail
      $2,905,000
      Mixed-Use
      $2,805,000
      Hospitality
      $2,630,000
      Educational
      $2,250,000
      Residential Income
      $2,175,000
      Energy
      $2,705,000
      Income-Based Land
      $2,185,000
      Food Service
      $2,605,000

    Location Insight

    • Map
    • Local Demand
    City
    Parachute
    County
    Garfield
    State
    Colorado
    Longitude
    -108.046
    Latitude
    39.4534
    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
    $0.00
    $90,620
    $694,250
    $784,870
    -
    $324,810
    $2,488,350
    $2,813,160

    Comparable in this City

    • Value Estimation by Request
      0.91 Acres

      Parachute, CO 81635

      SHOW ROOM, WAREHOUSE • 0.91 Acres
      Parachute, CO 81635
      View Details
    • Value Estimation by Request
      1,325 SF

      116 1st St

      COMMERCIAL (GENERAL) • 1,325 SF
      116 1st St, Parachute, CO 81635-5001
      View Details
    • Value Estimation by Request
      900 SF

      393 2nd St, Unit 5

      COMMERCIAL (GENERAL) • 900 SF
      393 2nd St, Parachute, CO 81635-5011
      View Details
    • Value Estimation by Request
      1,700 SF

      393 2nd St, Unit 6

      COMMERCIAL (GENERAL) • 1,700 SF
      393 2nd St, Parachute, CO 81635-5011
      View Details
    • Value Estimation by Request
      2.75 Acres

      409 Mosher Ave

      Commercial real estate • 2.75 Acres
      409 Mosher Ave, Parachute, CO 81635
      View Details
    • Value Estimation by Request
      1.30 Acres

      Mosher

      Commercial real estate • 1.30 Acres
      Mosher, Parachute, CO 81635
      View Details

    Similar Nearby for Sale

    • $769,000
      15,850 SF

      Prime Parachute Commercial Property

      Five-unit building, high potential, Old Town location.
      250 1St St, Parachute, CO 81635
      View Details
    • $995,000
      4,608 SF

      Prime Parachute Commercial Property

      Downtown Retail Building, High Traffic
      315 1St St, Parachute, CO 81635
      View Details
    • $349,500
      3.50 Acres

      Parachute, CO Industrial Land

      3.5-Acre Buildable Lot, Utilities Available
      Buds Way, Parachute, CO 81635
      View Details
    • $240,000
      2.78 Acres

      260 Buds Way, Parachute, CO 81635

      Commercial real estate • 2.78 Acres
      260 Buds Way, Parachute, CO 81635
      View Details
    • $259,000
      1.38 Acres

      Parachute, CO Industrial Land

      Industrial land with easy interstate access between Grand Junction and Glenwood.
      2 Mosher Ave, Parachute, CO 81635
      View Details
    • $626,500
      Pending

      Parachute Commercial/Industrial Land Available

      2.07 acre commercial/industrial land with utilities in Parachute, CO.
      Parachute Park Blvd, Parachute, CO 81635
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Property in Parachute, CO

      Industrial property available for lease in Parachute, Colorado.
      Mosher, Parachute, CO 81635
      View Details
    • Contact for pricing

      3.75 AC Land Available

      Land available for sale, lease, or ground lease.
      10 Stone Quarry Rd, Parachute, CO 81635
      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.
    201 Columbine Ct
    Parachute, CO 81635-9529
    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.