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    Property profile & analytics

    38150 Riv Frontage Rd New Castle, CO 81647-8717

    • Warehouses
    • 2,400 SF
    • 4.22 lot acres
    OFF-MARKET
    Value Estimation
    $465,000
    Location Intelligence
    Property ID
    US13-0086955
    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

    • Fet-Co Services / Landscaper / Construction Company
    • Solar Panel Store / Solar Energy Equipment Supplier
    • Eagle Welding Ornamental / Contractor
    • Roaring Fork Glass / Glass & Mirror Shop / Glass Industry
    • Stone solutions / Countertop Store

    Property Details for 38150 Riv Frontage Rd

    Year built
    2001
    Construction
    METAL FRAME
    Lot size
    4.22 lot acres
    Property size
    2,400 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    218105400249
    APU
    218105400249

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $450,000

    • CAP approach

      CAP return
      Estimation
      6%
      $535,000
      6.5%
      $495,000
      7%
      $470,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $580,000
      Geo Method
      $455,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $615,000
      Retail
      $575,000
      Mixed-Use
      $460,000
      Hospitality
      $535,000
      Educational
      $505,000
      Residential Income
      $540,000
      Energy
      $460,000
      Income-Based Land
      $450,000
      Food Service
      $470,000

    Location Insight

    • Map
    • Local Demand
    City
    New Castle
    County
    Garfield
    State
    Colorado
    Longitude
    -107.572
    Latitude
    39.554
    CBSA code
    24060
    CBSA name
    GLENWOOD SPRINGS, 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
    $29,294
    $282,070
    $200,440
    $482,510
    -
    $1,011,030
    $718,430
    $1,729,460

    Comparable in this City

    • Value Estimation by Request
      400 SF

      44 Apple Dr

      MINI-WAREHOUSE, STORAGE • 400 SF
      44 Apple Dr, New Castle, CO 81647-9649
      View Details
    • Value Estimation
      $300,000
      1.79 Acres

      6050 County Rd 335

      MINI-WAREHOUSE, STORAGE • 1.79 Acres
      6050 County Rd 335, New Castle, CO 81647
      View Details
    • Value Estimation
      $360,000
      200 SF

      731 Main St

      MINI-WAREHOUSE, STORAGE • 200 SF
      731 Main St, New Castle, CO 81647
      View Details
    • Value Estimation
      $445,000
      0.81 Acres

      6061 County Rd 335

      MINI-WAREHOUSE, STORAGE • 0.81 Acres
      6061 County Rd 335, New Castle, CO 81647
      View Details
    • Value Estimation
      $450,000
      6,840 SF

      38200 Riv Frontage Rd

      MINI-WAREHOUSE, STORAGE • 6,840 SF
      38200 Riv Frontage Rd, New Castle, CO 81647-9807
      View Details
    • Value Estimation
      $425,000
      2,304 SF

      6100 County Rd 335

      MANUFACTURING (LIGHT) • 2,304 SF
      6100 County Rd 335, New Castle, CO 81647-9504
      View Details

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    Similar Nearby for Lease

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    38150 Riv Frontage Rd
    New Castle, CO 81647-8717
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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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