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Financial
Distress signals
Property profile

249 W Rainbow Blvd Salida, CO 81201

FOR SALE
Retail space
Property ID
US13-1378623
1,330 SF 0.78 ac lot Built 1952
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
249 W Rainbow Blvd, Salida, CO 81201 For Sale
$827,000 1,330 SF
249 W Rainbow Blvd, Salida, CO 81201
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Property summary

AI-generated overview

The property consists of two commercial buildings on a 0.78-acre site with highway frontage in Salida, Colorado. One building contains approximately 1,300 square feet and the second contains a little over 1,000 square feet. The buildings are located along U.S. Highway 50, which serves both local and pass-through traffic. The site layout provides room for potential expansion and accommodates outside storage. The configuration supports use as an owner-occupied facility and also may be suitable for investment use through rental or for development of a new commercial business.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$141k
Assessed land$114k
Assessed improvement$27k
Effective rate4.81%

Value estimate

· Oct 2026
$280k
$252k – $308k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$383/SF
ZIP average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$150 – $557

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCHAFFEE

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy10.9
HVAC Service9.8
Garden Center9.4

Location

249 W Rainbow Blvd Salida, CO 81201
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
119 1st Stb, Salida, CO 81201-2110 $745,000 Dec 2025 1,497 SF
7535 Us Hwy 50, Salida, CO 81201-9343 $650,000 May 2025 1,088 SF
1115 Rainbow, Salida, CO 81201-2969 $1,032,000 Apr 2024 1,200 SF
108 F, Salida, CO 81201-2102 $350,000 Jan 2024 1,306 SF
128 F, Salida, CO 81201-2102 $400,000 Mar 2023 1,527 SF
225 F St, Salida, CO 81201-2103 $1,450,000 Aug 2022 1,130 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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