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    Property profile & analytics

    201 Main St Trinidad, CO 81082-2710

    • Sports & entertainment properties
    • 2,727 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Location Intelligence
    Property ID
    US13-1649489
    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

    • Sports & entertainment properties

    Property Details for 201 Main St

    Year built
    1908
    Lot size
    0.03 lot acres
    Property size
    2,727 SF
    Property type
    Sports & entertainment properties
    APN
    109 22 600
    APU
    10922600

    Description

    This exceptional commercial property, located at 201 East Main Street in Trinidad, Colorado, presents a unique opportunity for businesses seeking a vibrant downtown location. The building, constructed in 1908 and renovated in 1998, offers 1,364 square feet of immediately available space within a total building size of 2,727 square feet. The property is a single-tenant space, ideal for a variety of uses, given its past occupancy as a bank, financial advisor offices, therapeutic space, and tea shop. The space features an ADA-compliant bathroom and access to a basement, which can be included in a lease agreement if desired. Recent improvements include new plumbing throughout the building. The property boasts excellent visibility with ample window space perfect for signage, enhanced by an existing awning covering the front door and windows. The building is a two-story structure situated on the corner of Main and Maple Streets, offering high foot traffic and prominent street presence. While an upstairs apartment (currently an AirBnB with positive reviews) is not included in this lease, the ground floor space offers a compelling opportunity for a long-term lease arrangement. Utilities are not included in the lease. This property is located in Las Animas County.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $305,000
      6.5%
      $305,000
      7%
      $295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $350,000
      Geo Method
      $355,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $310,000
      Retail
      $265,000
      Mixed-Use
      $240,000
      Hospitality
      $255,000
      Educational
      $240,000
      Residential Income
      $320,000
      Energy
      $250,000
      Income-Based Land
      $270,000
      Food Service
      $255,000

    Location Insight

    • Map
    • Local Demand
    City
    Trinidad
    County
    Las Animas
    State
    Colorado
    Longitude
    -104.504
    Latitude
    37.1693

    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
    $3,830
    $2,430
    $70,920
    $73,350
    -
    $8,718
    $254,182
    $262,900

    Comparable in this City

    • Value Estimation
      $85,000
      3,875 SF

      801 San Pedro Ave

      RECREATIONAL, ENTERTAINMENT • 3,875 SF
      801 San Pedro Ave, Trinidad, CO 81082-2138
      View Details
    • Value Estimation
      $460,000
      2,030 SF

      520 State St

      RECREATIONAL, ENTERTAINMENT • 2,030 SF
      520 State St, Trinidad, CO 81082
      View Details
    • Value Estimation
      $185,000
      3,560 SF

      827 Arizona Ave

      RECREATIONAL, ENTERTAINMENT • 3,560 SF
      827 Arizona Ave, Trinidad, CO 81082-2115
      View Details
    • Value Estimation
      $375,000
      5,392 SF

      409 Commercial St

      RECREATIONAL, ENTERTAINMENT • 5,392 SF
      409 Commercial St, Trinidad, CO 81082-1907
      View Details
    • Value Estimation by Request
      1,904 SF

      11025 County Rd 639

      RECREATIONAL, ENTERTAINMENT • 1,904 SF
      11025 County Rd 639, Trinidad, CO 81082-9516
      View Details
    • Value Estimation by Request
      2,210 SF

      431 University St

      RECREATIONAL, ENTERTAINMENT • 2,210 SF
      431 University St, Trinidad, CO 81082-2542
      View Details

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    Similar Nearby for Lease

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    • $500 /Mo

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      Fully renovated commercial space with versatile rooms and modern amenities.
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      View Details
    • $7,150 /Mo
      26,572 SF

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      Fully renovated commercial space in downtown Trinidad, ready for your business.
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      View Details
    • $7 SF/Yr
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    Trinidad, CO 81082-2710
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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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