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    Property profile & analytics

    341 Market St, Unit R705 Basalt, CO 81621-7409

    • Retail space
    • 3,114 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    $1,095,000
    Last Sale
    Aug 04, 2020
    $1,120,300
    Location Intelligence
    Property ID
    US13-2287505
    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

    • Timothy J Bauer, OD / Optometrist
    • Dr. Jonathan Owens / Optometrist
    • Dr. James Fraser / Doctor / Chiropractor
    • Roaring Fork Vision / Optometrist
    • Spine Spot Chiropractic / Chiropractor

    Property Details for 341 Market St

    Year built
    2017
    Lot size
    0.04 lot acres
    Property size
    3,114 SF
    Property type
    Retail space
    APN
    2465 023 45 005
    APU
    246502345005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,055,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,190,000
      6.5%
      $1,030,000
      7%
      $1,100,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,065,000
      Geo Method
      $1,170,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,015,000
      Retail
      $1,110,000
      Mixed-Use
      $1,215,000
      Hospitality
      $1,015,000
      Educational
      $1,125,000
      Residential Income
      $1,175,000
      Energy
      $970,000
      Income-Based Land
      $980,000
      Food Service
      $950,000

    Location Insight

    • Map
    • Local Demand
    City
    Basalt
    County
    Eagle
    State
    Colorado
    Longitude
    -107.082
    Latitude
    39.3856
    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
    $25,456
    $0.00
    $304,070
    $304,070
    -
    $0.00
    $1,089,860
    $1,089,860

    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

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      West-facing 1-bedroom loft with modern amenities and convenient location.
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      Specialty property available for rent in Basalt, Colorado.
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    Basalt, CO 81621-7409
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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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