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    Property profile & analytics

    231 Midland Ave Ste 201b Basalt, CO 81621-8253

    • Retail space
    • 455 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    $355,000
    Last Sale
    Oct 30, 2023
    $465,000
    Location Intelligence
    Property ID
    US13-1985612
    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

    • Frying Pan Anglers / Fishing Store
    • One of A Kind / Jeweler
    • Basalt Firearms / Gun Shop
    • Pitkin County Title Inc / Title Company
    • Sybil Gallery 101 / Art Gallery

    Property Details for 231 Midland Ave Ste 201b

    Year built
    2002
    Lot size
    0.02 lot acres
    Property size
    455 SF
    Property type
    Retail space
    APN
    2467 074 56 030
    APU
    246707456030

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $415,000
      6.5%
      $400,000
      7%
      $390,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $425,000
      Geo Method
      $385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $365,000
      Retail
      $380,000
      Mixed-Use
      $435,000
      Hospitality
      $475,000
      Educational
      $455,000
      Residential Income
      $480,000
      Energy
      $395,000
      Income-Based Land
      $420,000
      Food Service
      $445,000

    Location Insight

    • Map
    • Local Demand
    City
    Basalt
    County
    Eagle
    State
    Colorado
    Longitude
    -107.034
    Latitude
    39.3689
    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
    $2,321
    $0.00
    $27,790
    $27,790
    -
    $0.00
    $99,610
    $99,610

    Comparable in this City

    • Value Estimation by Request
      1,137 SF

      231 Midland Ave Ste, Unit 201

      RETAIL STORES (PERSONAL SERVICES) • 1,137 SF
      231 Midland Ave Ste, Basalt, CO 81621-8393
      View Details
    • Value Estimation by Request
      867 SF

      227 Midland Ave Ste 13b

      RETAIL STORES (PERSONAL SERVICES) • 867 SF
      227 Midland Ave Ste 13b, Basalt, CO 81621-8113
      View Details
    • Value Estimation
      $330,000
      498 SF

      227 Midland Ave Ste C5

      RETAIL STORES (PERSONAL SERVICES) • 498 SF
      227 Midland Ave Ste C5, Basalt, CO 81621-8119
      View Details
    • Value Estimation
      $390,000
      895 SF

      305 Gold Rivers Ct Ste, Unit 120

      RETAIL STORES (PERSONAL SERVICES) • 895 SF
      305 Gold Rivers Ct Ste, Basalt, CO 81621-8100
      View Details
    • Value Estimation
      $235,000
      419 SF

      227 Midland Ave, Unit 12B

      RETAIL STORES (PERSONAL SERVICES) • 419 SF
      227 Midland Ave, Basalt, CO 81621-8119
      View Details
    • Value Estimation
      $335,000
      690 SF

      175 Midland Ave, Unit 5

      RETAIL STORES (PERSONAL SERVICES) • 690 SF
      175 Midland Ave, Basalt, CO 81621-5065
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $35 SF/Yr

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      Corner retail space in downtown Basalt with high visibility.
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      Street-level retail space ideal for showroom, fitness, or wellness concepts.
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      Basalt Specialty Property for Rent

      Specialty property available for rent in Basalt, Colorado.
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    • $6,400 /Mo

      Luxury Furnished Condo in Basalt

      Luxury 2-bedroom condo in downtown Basalt available for lease.
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    • $90 SF/Yr
      12,720 SF

      Basalt, CO Office Space for Lease

      Premium Office Suites in Willits Town Center
      842 Valley Rd, Basalt, CO 81621
      View Details
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    Basalt, CO 81621-8253
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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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