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    Property profile & analytics

    404 Santa Fe Ave Fountain, CO 80817

    • Retail space
    • 2,440 SF
    • 0.32 lot acres
    For Sale
    View listing
    $500,000
    Value Estimation
    Location Intelligence
    Property ID
    US13-2797420
    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

    • Superb Insurance Services / Insurance Agency
    • Cimino Gun Sales / Gun Shop

    Property Details for 404 Santa Fe Ave

    Year built
    1968
    Construction
    WOOD FRAME
    Lot size
    0.32 lot acres
    Property size
    2,440 SF
    Zone code
    C-2
    Property type
    Retail space
    APN
    5606400016
    APU
    5606400016

    Description

    This exceptional 2,440 square foot retail space is situated at 404 N Santa Fe Ave, Fountain, CO 80817, on a prominent corner lot at the intersection of Santa Fe and Alabama. The single-tenant building, constructed in 1968, sits on a 0.315-acre parcel (13,750 square feet) and is classified as Class D. The property features a spacious, open layout ideal for a variety of retail uses. Its location offers excellent visibility and accessibility, benefiting from high traffic counts due to its prime corner location. The zoning is designated as CU. The building is a single-story structure with no elevators. This well-established retail space presents a unique opportunity for a business seeking a high-visibility location in a thriving community. The property's size and layout offer flexibility for various retail concepts. The existing tenant provides a proven track record of success in this location. This is a rare opportunity to acquire a well-positioned retail property in a desirable area.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $430,000
      6.5%
      $440,000
      7%
      $435,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $445,000
      Geo Method
      $415,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $460,000
      Retail
      $450,000
      Mixed-Use
      $370,000
      Hospitality
      $390,000
      Educational
      $405,000
      Residential Income
      $355,000
      Energy
      $355,000
      Income-Based Land
      $445,000
      Food Service
      $350,000

    Location Insight

    • Map
    • Local Demand
    City
    Fountain
    County
    El Paso
    State
    Colorado
    Longitude
    -104.704
    Latitude
    38.6857
    CBSA code
    17820
    CBSA name
    COLORADO SPRINGS, 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
    $4,754
    $13,240
    $75,220
    $88,460
    -
    $47,438
    $269,594
    $317,032

    Comparable in this City

    • Value Estimation by Request
      5,580 SF

      102 Main St

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      102 Main St, Fountain, CO 80817-2214
      View Details
    • Value Estimation
      $2,795,000
      7,564 SF

      7985 Fountain Mesa Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,564 SF
      7985 Fountain Mesa Rd, Fountain, CO 80817-1535
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    • Value Estimation
      $1,645,000
      10,062 SF

      6955 Mesa Rdg Pkwy

      RETAIL STORES (PERSONAL SERVICES) • 10,062 SF
      6955 Mesa Rdg Pkwy, Fountain, CO 80817-1504
      View Details
    • Value Estimation
      $1,560,000
      2,816 SF

      Bandley Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,816 SF
      Bandley Dr, Fountain, CO 80817
      View Details
    • Value Estimation
      $190,000
      1,955 SF

      660 Santa Fe Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,955 SF
      660 Santa Fe Ave, Fountain, CO 80817-2043
      View Details
    • Value Estimation
      $2,105,000
      3,424 SF

      7955 Fountain Mesa Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,424 SF
      7955 Fountain Mesa Rd, Fountain, CO 80817-1535
      View Details

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    404 Santa Fe Ave
    Fountain, CO 80817
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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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