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    Property profile & analytics

    208 Midland Ave Basalt, CO 81621

    • Office Properties & Spaces
    • 3,572 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $1,160,000
    Last Sale
    May 26, 2021
    $1,250,000
    Location Intelligence
    Property ID
    US13-1194127
    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

    • Basalt Chamber of Commerce / Chamber Of Commerce
    • The Healing Grove / Psychotherapist
    • Alpine Custom Electronics / Burglar Alarm Store
    • Maroon Bells Counseling / Counselor
    • Greg Mozian & Associates Inc / Landscaper

    Property Details for 208 Midland Ave

    Year built
    1890
    Lot size
    0.07 lot acres
    Property size
    3,572 SF
    Property type
    Office Properties & Spaces
    APN
    2467 074 03 020
    APU
    246707403020

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,080,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,250,000
      6.5%
      $1,290,000
      7%
      $1,260,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,360,000
      Geo Method
      $1,065,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,405,000
      Retail
      $1,165,000
      Mixed-Use
      $1,065,000
      Hospitality
      $1,355,000
      Educational
      $1,235,000
      Residential Income
      $1,320,000
      Energy
      $1,450,000
      Income-Based Land
      $1,080,000
      Food Service
      $1,360,000

    Location Insight

    • Map
    • Local Demand
    City
    Basalt
    County
    Eagle
    State
    Colorado
    Longitude
    -107.033
    Latitude
    39.3693
    CBSA code
    20780
    CBSA name
    EDWARDS, 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
    $28,343
    $32,750
    $306,650
    $339,400
    -
    $117,390
    $1,099,090
    $1,216,480

    Comparable in this City

    • Value Estimation by Request
      4,760 SF

      22800 2nd Rivers Rd

      OFFICE (GENERAL) • 4,760 SF
      22800 2nd Rivers Rd, Basalt, CO 81621-9330
      View Details
    • Value Estimation by Request
      1,758 SF

      50 Sunset Dr Ste, Unit 4

      OFFICE (GENERAL) • 1,758 SF
      50 Sunset Dr Ste, Basalt, CO 81621-9304
      View Details
    • Value Estimation by Request
      15,690 SF

      300 Market St, Unit 101

      OFFICE (GENERAL) • 15,690 SF
      300 Market St, Basalt, CO 81621-7401
      View Details
    • Value Estimation by Request
      446 SF

      104 Midland Ave, Unit 205

      OFFICE (GENERAL) • 446 SF
      104 Midland Ave, Basalt, CO 81621-8379
      View Details
    • Value Estimation by Request
      1,397 SF

      40 Sunset Dr Ste, Unit 3

      OFFICE (GENERAL) • 1,397 SF
      40 Sunset Dr Ste, Basalt, CO 81621-9303
      View Details
    • Value Estimation by Request
      1,241 SF

      28 Widget St, Unit 406

      OFFICE (GENERAL) • 1,241 SF
      28 Widget St, Basalt, CO 81621-6711
      View Details

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    Similar Nearby for Lease

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      Commercial office space in professional building, walking distance to downtown.
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      Specialty property available for rent in Basalt, Colorado.
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    208 Midland Ave
    Basalt, CO 81621
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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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