Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    308 E Main St Buena Vista, CO 81211

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    308 E Main St Buena Vista, CO 81211

    View on Map
    • Retail space
    • 3,679 SF
    • 0.13 lot acres
    For Sale
    $1,850,000
    View Listing →
    Historic Building with Thriving Business For Sale
    $1,850,000
    3,679 SF

    Historic Building with Thriving Business

    Turnkey sports bar and landmark building on Main Street.

    308 E Main Street, Buena Vista, CO 81211
    View Listing
    Property ID
    US13-1412411
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 308 E Main St

    Year built
    1989
    Construction
    FRAME
    Lot size
    0.13 lot acres
    Property size
    3,679 SF
    Property type
    Retail space
    APN
    R327108401377
    APU
    R327108401377

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $965,000
      ML approach
      $985,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,214,000
      Market price range: $730k - $1.81M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,225,000
      Current use
      OFFICE BUILDING
      $1,240,000
      Change: +1% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Buena Vista
    County
    Chaffee
    State
    Colorado
    Longitude
    -106.13
    Latitude
    38.8427

    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
    $10,842
    $96,370
    $119,650
    $216,020
    -
    $345,426
    $458,850
    $804,276

    Comparable in this City

    • Value Estimation by Request
      5,018 SF

      107 Cottonwood Ave

      Individual retail properties • 5,018 SF
      107 Cottonwood Ave, Buena Vista, CO 81211
      View Details
    • Value Estimation by Request
      2,981 SF

      12985 Us Hwy 24285

      RETAIL STORES (PERSONAL SERVICES) • 2,981 SF
      12985 Us Hwy 24285, Buena Vista, CO 81211-9534
      View Details
    • Value Estimation by Request
      3,000 SF

      215 Tabor St, Unit 100

      RETAIL STORES (PERSONAL SERVICES) • 3,000 SF
      215 Tabor St, Buena Vista, CO 81211
      View Details
    • Value Estimation by Request
      3,344 SF

      117 Arkansas St

      RETAIL STORES (PERSONAL SERVICES) • 3,344 SF
      117 Arkansas St, Buena Vista, CO 81211
      View Details
    • Value Estimation
      $560,000
      2,000 SF

      28302 County Rd 317th, Unit 100

      RETAIL STORES (PERSONAL SERVICES) • 2,000 SF
      28302 County Rd 317th, Buena Vista, CO 81211-9158
      View Details
    • Value Estimation by Request
      4,772 SF

      104 Linderman Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,772 SF
      104 Linderman Ave, Buena Vista, CO 81211
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Highway Retail Center For Sale

      Retail center with long-term leases and highway frontage.
      401 Us Highway 24 N, Buena Vista, CO 81211
      View Details
    • $865,500

      Versatile Live/Work Property in Buena Vista

      Highway Commercial zoned property ideal for live/work or investment.
      216 Crossman Ave, Buena Vista, CO 81211
      View Details
    • $949,000
      3,400 SF

      Income-Producing Commercial Property For Sale

      Commercial property with established laundromat and retail units in Buena Vista.
      522 Antero Cir, Buena Vista, CO 81211
      View Details
    • $350,000

      Mixed-Use Development Opportunity in Buena Vista

      Mixed-use lot in thriving Buena Vista, Colorado.
      515 E Main St, Buena Vista, CO 81211
      View Details
    • $1,600,000
      1,660 SF

      Historic Mixed-Use Property Near Main

      Renovated historic home with mixed-use zoning near Main Street.
      201 S Colorado Ave, Buena Vista, CO 81211
      View Details
    • $945,000
      2,992 SF

      Established Auto Mechanic Business Opportunity

      Well-equipped auto mechanic business and property for sale in Buena Vista.
      101 Isabel Ct, Buena Vista, CO 81211
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    308 E Main St
    Buena Vista, CO 81211
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!