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    Property profile & analytics

    3500 20th St Penrose, CO 81240

    • Manufacturing properties
    • 16,000 SF
    • 2,944.07 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US13-0739489
    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

    • Manufacturing properties

    Property Details for 3500 20th St

    Year built
    1974
    Lot size
    2,944.07 lot acres
    Property size
    16,000 SF
    Property type
    Manufacturing properties
    APN
    98405019
    APU
    98405019

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Penrose
    County
    Fremont
    State
    Colorado
    Longitude
    -105.074
    Latitude
    38.3863
    CBSA code
    15860
    CBSA name
    CANON CITY, 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
    $414,639
    $0.00
    $0.00
    $6,809,196
    -
    $0.00
    $0.00
    $24,405,719

    Comparable in this City

    • Value Estimation by Request
      2,000 SF

      570 Shoop Dr

      MANUFACTURING (LIGHT) • 2,000 SF
      570 Shoop Dr, Penrose, CO 81240-9510
      View Details
    • Value Estimation by Request
      12,029 SF

      35 Shoop Dr

      MANUFACTURING (LIGHT) • 12,029 SF
      35 Shoop Dr, Penrose, CO 81240-9502
      View Details
    • Value Estimation by Request
      6,000 SF

      440 Shoop Dr

      MANUFACTURING (LIGHT) • 6,000 SF
      440 Shoop Dr, Penrose, CO 81240-9510
      View Details
    • Value Estimation by Request
      3,920 SF

      610 Shoop Dr

      MANUFACTURING (LIGHT) • 3,920 SF
      610 Shoop Dr, Penrose, CO 81240-9523
      View Details
    • Value Estimation by Request
      12,000 SF

      400 Shoop Dr

      MANUFACTURING (LIGHT) • 12,000 SF
      400 Shoop Dr, Penrose, CO 81240-9510
      View Details
    • Value Estimation by Request
      9,750 SF

      435 Shoop Dr

      PROCESSING PLANT (CEMENT, GRAVEL) • 9,750 SF
      435 Shoop Dr, Penrose, CO 81240-9510
      View Details

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    3500 20th St
    Penrose, CO 81240
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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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