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    Property profile & analytics

    402 Main St Sterling, CO 80751-4354

    • Turn key restaurants
    • 11,600 SF
    • 0.58 lot acres
    OFF-MARKET
    Value Estimation
    $770,000
    Last Sale
    Oct 16, 2023
    $800,000
    Location Intelligence
    Property ID
    US13-1987184
    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

    • Parts and Labor Brewing Company / Brewery / Restaurant

    Property Details for 402 Main St

    Year built
    1926
    Construction
    WOOD
    Lot size
    0.58 lot acres
    Property size
    11,600 SF
    Property type
    Turn key restaurants
    APN
    38052532106013
    APU
    38052532106013

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $710,000

    • CAP approach

      CAP return
      Estimation
      6%
      $915,000
      6.5%
      $810,000
      7%
      $825,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $975,000
      Geo Method
      $840,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $985,000
      Retail
      $1,045,000
      Mixed-Use
      $860,000
      Hospitality
      $750,000
      Educational
      $1,010,000
      Residential Income
      $775,000
      Energy
      $775,000
      Income-Based Land
      $745,000
      Food Service
      $785,000

    Location Insight

    • Map
    • Local Demand
    City
    Sterling
    County
    Logan
    State
    Colorado
    Longitude
    -103.21
    Latitude
    40.6249
    CBSA code
    44540
    CBSA name
    STERLING, 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
    $6,947
    $0.00
    $0.00
    $114,760
    -
    $106,592
    $304,720
    $411,312

    Comparable in this City

    • Value Estimation
      $115,000
      3,200 SF

      624 10th Ave

      RESTAURANT • 3,200 SF
      624 10th Ave, Sterling, CO 80751-3415
      View Details
    • Value Estimation
      $115,000
      5,750 SF

      229 Frnt St

      RESTAURANT • 5,750 SF
      229 Frnt St, Sterling, CO 80751-4244
      View Details
    • Value Estimation by Request
      2,400 SF

      807 Sidney Ave

      RESTAURANT • 2,400 SF
      807 Sidney Ave, Sterling, CO 80751-2714
      View Details
    • Value Estimation by Request
      3,662 SF

      423 3rd St

      RESTAURANT • 3,662 SF
      423 3rd St, Sterling, CO 80751-4243
      View Details
    • Value Estimation by Request
      3,147 SF

      203 Broadway St

      RESTAURANT • 3,147 SF
      203 Broadway St, Sterling, CO 80751-2702
      View Details
    • Value Estimation by Request
      2,255 SF

      715 Main St

      RESTAURANT • 2,255 SF
      715 Main St, Sterling, CO 80751-2921
      View Details

    Similar Nearby for Sale

    • $180,000

      Commercial Building Formerly Restaurant

      Commercial building with large parking lot, formerly a restaurant.
      229 N Front St, Sterling, CO 80751
      View Details
    • $650,000
      21,394 SF

      Sterling Retail and Parking Package

      Main Street Sterling parking lot and retail building for sale.
      215 W Main St, Sterling, CO 80751
      View Details
    • $75,000
      0.14 Acres

      Sterling Commercial Property For Sale

      Commercial property near downtown Sterling, requiring renovation, sold as-is.
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      3,080 SF

      High-Visibility Sterling Retail Space

      Prime location, 3,080 sq ft, high traffic.
      531 Main St, Sterling, CO 80751
      View Details
    • $1,500,000

      Industrial Property on Highway 14

      Industrial property for sale, located at 15950 Highway 14.
      15950 Highway 14, Sterling, CO 80751
      View Details
    • $69,000
      0.08 Acres

      Functional Garage/Storage Facility For Sale

      Commercial garage/storage facility suited for various operations and investments.
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      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      3,840 SF

      Sterling Retail Space For Lease

      Retail spaces available in Sterling's main retail hub.
      1217-1327 W Main St, Sterling, CO 80751
      View Details
    • Contact for pricing
      1,380 SF

      Retail/Office Space at Intersection

      Vacant retail/office space at a signalized intersection.
      311 W Main St, Sterling, CO 80751
      View Details
    • $6 SF/Yr
      4,688 SF

      Sterling Office Space for Lease

      Flexible Offices in Prime Location
      214 3Rd St, Sterling, CO 80751
      View Details

    Property Visit Statistics

    • Visits by month
      4.7k
    • Visitors by month
      4.5k
    • Avg Time on site
      32 min
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    402 Main St
    Sterling, CO 80751-4354
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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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