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    Property profile & analytics

    209 Colorado Ave La Junta, CO 81050-1517

    • Retail space
    • 4,950 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $135,000
    Last Sale
    Sep 08, 2022
    $145,000
    Location Intelligence
    Property ID
    US13-1811614
    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

    • Retail space

    Property Details for 209 Colorado Ave

    Year built
    1909
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.16 lot acres
    Property size
    4,950 SF
    Property type
    Retail space
    APN
    4643-023-12012
    APU
    464302312012

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $135,000

    • CAP approach

      CAP return
      Estimation
      6%
      $120,000
      6.5%
      $135,000
      7%
      $140,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $130,000
      Geo Method
      $120,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $130,000
      Retail
      $125,000
      Mixed-Use
      $105,000
      Hospitality
      $150,000
      Educational
      $125,000
      Residential Income
      $105,000
      Energy
      $115,000
      Income-Based Land
      $125,000
      Food Service
      $130,000

    Location Insight

    • Map
    • Local Demand
    City
    La Junta
    County
    Otero
    State
    Colorado
    Longitude
    -103.543
    Latitude
    37.9865

    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
    $1,435
    $6,836
    $14,704
    $21,540
    -
    $24,500
    $82,703
    $107,203

    Comparable in this City

    • Value Estimation by Request
      1,740 SF

      716 3rd St

      RETAIL STORES (PERSONAL SERVICES) • 1,740 SF
      716 3rd St, La Junta, CO 81050-1466
      View Details
    • Value Estimation by Request
      850 SF

      121 Bradish Ave

      RETAIL STORES (PERSONAL SERVICES) • 850 SF
      121 Bradish Ave, La Junta, CO 81050-1800
      View Details
    • Value Estimation by Request
      5,300 SF

      310 Colorado Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,300 SF
      310 Colorado Ave, La Junta, CO 81050-3608
      View Details
    • Value Estimation by Request
      2,960 SF

      201-203 Colorado

      RETAIL STORES (PERSONAL SERVICES) • 2,960 SF
      201-203 Colorado, La Junta, CO 81050
      View Details
    • Value Estimation by Request
      1,200 SF

      102 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      102 Main St, La Junta, CO 81050-9223
      View Details
    • Value Estimation by Request
      960 SF

      301 Maple Ave

      RETAIL STORES (PERSONAL SERVICES) • 960 SF
      301 Maple Ave, La Junta, CO 81050
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Downtown La Junta Retail/Office Sites

      Three adjoining commercial sites in downtown La Junta for sale.
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      View Details
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      Land on State Highway 109

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      905 3Rd St

      Hospitality properties
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    209 Colorado Ave
    La Junta, CO 81050-1517
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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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