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    Property profile & analytics

    33029 Railroad Ave Lucerne, CO 80646-5012

    • Warehouses
    • 8,608 SF
    OFF-MARKET
    Value Estimation
    $455,000
    Location Intelligence
    Property ID
    US13-1175516
    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

    • Warehouses

    Property Details for 33029 Railroad Ave

    Year built
    1940
    Property size
    8,608 SF
    Property type
    Warehouses
    APN
    R1258086
    APU
    R1258086

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lucerne
    County
    Weld
    State
    Colorado
    Longitude
    -104.699
    Latitude
    40.4826
    CBSA code
    24540
    CBSA name
    GREELEY, CO METROPOLITAN 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
    $14,228
    $0.00
    $228,430
    $228,430
    -
    $0.00
    $818,729
    $818,729

    Comparable in this City

    • Value Estimation
      $445,000
      4,608 SF

      18929 Elm St

      WAREHOUSE, STORAGE • 4,608 SF
      18929 Elm St, Lucerne, CO 80646
      View Details
    • Value Estimation
      $370,000
      6,350 SF

      33029 Railroad Ave

      WAREHOUSE, STORAGE • 6,350 SF
      33029 Railroad Ave, Lucerne, CO 80646-5012
      View Details
    • Value Estimation
      $530,000
      19,040 SF

      33278 Us Hwy 85

      COMMERCIAL (GENERAL) • 19,040 SF
      33278 Us Hwy 85, Lucerne, CO 80646-5004
      View Details
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    33029 Railroad Ave
    Lucerne, CO 80646-5012
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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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