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    201 South Commercial St Trinidad, CO 81082
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    201 South Commercial St, Trinidad, CO 81082

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    • Investment properties
    • 4,410 SF
    • 0.11 lot acres
    For Sale
    $99,500
    View Listing →
    Historic District Quadplex Opportunity For Sale
    $99,500

    Historic District Quadplex Opportunity

    Quadplex in historic district, potential for short term rentals.

    201 South Commercial Street, Trinidad, CO 81082
    View Listing
    Property ID
    US13-1645188
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 201 South Commercial St

    Year built
    1900
    Lot size
    0.11 lot acres
    Property size
    4,410 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    132 82 000
    APU
    13282000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Trinidad
    County
    Las Animas
    State
    Colorado
    Longitude
    -104.505
    Latitude
    37.1677

    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
    $946
    $8,650
    $9,460
    $18,110
    -
    $31,009
    $33,909
    $64,918

    Comparable in this City

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    • Value Estimation by Request
      1,452 SF

      13504 County Rd 732

      STORE/OFFICE (MIXED USE) • 1,452 SF
      13504 County Rd 732, Trinidad, CO 81082-9761
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    • Value Estimation by Request
      6,480 SF

      308 Main St

      STORE/OFFICE (MIXED USE) • 6,480 SF
      308 Main St, Trinidad, CO 81082-2622
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    • Value Estimation
      $1,135,000
      20,016 SF

      228 Main St

      STORE/OFFICE (MIXED USE) • 20,016 SF
      228 Main St, Trinidad, CO 81082
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    • Value Estimation by Request
      36,840 SF

      36900 El Moro Rd

      Investment properties • 36,840 SF
      36900 El Moro Rd, Trinidad, CO 81082
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    • Value Estimation by Request
      13,104 SF

      401-407 Commercial St

      Individual retail properties • 13,104 SF
      401-407 Commercial St, Trinidad, CO 81082
      View Details

    Similar Nearby for Sale

    • $9,704,950
      36,840 SF

      36900 El Moro Rd, Trinidad, CO 81082

      Investment properties • 36,840 SF
      36900 El Moro Rd, Trinidad, CO 81082
      View Details
    • $475,000

      Mixed-Use Building on Main Street

      6,104 SF mixed-use building with retail and residential potential.
      466 W Main St, Trinidad, CO 81082
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    • $750,000
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      Downtown Mixed-Use Property For Sale

      Renovated mixed-use property in downtown location with flexible space.
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    • $709,000
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      Renovated Restaurant Space in Trinidad

      Turn-key restaurant with income and flexible second floor.
      443 N Commercial St, Trinidad, CO 81082
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    • $430,000
      36.23 Acres

      36 Acres I-25 Frontage, Trinidad, CO

      Prime Mixed-Use Land, Stunning Views, I-25 Access
      71.1 Tbd County Rd, Trinidad, CO 81082
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Historic Downtown Trinidad Office Suites

      Restored office suites in historic downtown Trinidad building for lease.
      125 N Commercial St, Trinidad, CO 81082
      View Details
    • $7,150 /Mo
      26,572 SF

      Renovated Commercial Space, Trinidad, CO

      Fully renovated commercial space in downtown Trinidad, ready for your business.
      323 N Commercial St, Trinidad, CO 81082
      View Details
    • $500 /Mo

      Renovated Commercial Space in Trinidad

      Fully renovated commercial space with versatile rooms and modern amenities.
      323 N Commercial St, Trinidad, CO 81082
      View Details
    • Contact for pricing
      383,764 SF

      Trinidad Industrial Facility with Vacant Land

      30,000 SF industrial facility on 8.81 acres.
      1105 Constitution Dr, Trinidad, CO 81082
      View Details
    • Contact for pricing

      Former School Building Available

      Well-maintained former school with classrooms, kitchen, gym, and more.
      1021 Pierce St, Trinidad, CO 81082
      View Details
    View Listing
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    Trinidad, CO 81082
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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