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    Property profile & analytics

    408 3rd St La Junta, CO 81050-1432

    • Individual retail properties
    • 744 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US13-2030838
    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

    • Individual retail properties

    Property Details for 408 3rd St

    Year built
    1966
    Construction
    FRAME
    Lot size
    0.03 lot acres
    Property size
    744 SF
    Property type
    Individual retail properties
    APN
    4643-034-25017
    APU
    464303425017

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    La Junta
    County
    Otero
    State
    Colorado
    Longitude
    -103.549
    Latitude
    37.9858

    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
    $118
    $772
    $1,002
    $1,774
    -
    $2,768
    $16,153
    $18,921

    Comparable in this City

    • Value Estimation by Request
      700 SF

      15 7th St

      BARBER, HAIR SALON • 700 SF
      15 7th St, La Junta, CO 81050-2305
      View Details
    • Value Estimation by Request
      2,475 SF

      2222 San Juan Ave

      GYM, HEALTH SPA • 2,475 SF
      2222 San Juan Ave, La Junta, CO 81050-3324
      View Details
    • Value Estimation
      $430,000
      1,581 SF

      717 3rd St

      LAUNDROMAT (SELF-SERVICE) • 1,581 SF
      717 3rd St, La Junta, CO 81050-1839
      View Details
    • Value Estimation by Request
      2,370 SF

      311 5th St

      LAUNDROMAT (SELF-SERVICE) • 2,370 SF
      311 5th St, La Junta, CO 81050-2201
      View Details
    • Value Estimation by Request
      1,740 SF

      716 3rd St

      RETAIL STORES (PERSONAL SERVICES) • 1,740 SF
      716 3rd St, La Junta, CO 81050-1466
      View Details
    • Value Estimation by Request
      850 SF

      121 Bradish Ave

      RETAIL STORES (PERSONAL SERVICES) • 850 SF
      121 Bradish Ave, La Junta, CO 81050-1800
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Three adjoining commercial sites in downtown La Junta for sale.
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      La Junta Restaurant - Turnkey Opportunity

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      Established Restaurant & Lounge For Sale

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    • $1,160,000

      905 3Rd St

      Hospitality properties
      905 3Rd St, La Junta, CO 81050
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    • $4,500,000

      La Junta Agricultural Property

      Agricultural property for sale in La Junta, Colorado.
      22661 Rd, La Junta, CO 81050
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    • $1,000,000

      Land on State Highway 109

      Commercial land available on State Highway 109 in La Junta.
      28071 State Highway 109, La Junta, CO 81050
      View Details
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    408 3rd St
    La Junta, CO 81050-1432
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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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