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    Property profile & analytics

    500 8th Ave Yuma, CO 80759-2651

    • Automotive properties
    • 10,832 SF
    • 1.86 lot acres
    OFF-MARKET
    Value Estimation
    $1,575,000
    Last Sale
    Jan 02, 2024
    $1,580,000
    Location Intelligence
    Property ID
    US13-1783873
    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

    • Automotive properties

    Property Details for 500 8th Ave

    Year built
    1975
    Construction
    FRAME
    Lot size
    1.86 lot acres
    Property size
    10,832 SF
    Property type
    Automotive properties
    APN
    Y003922
    APU
    Y003922

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,580,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,445,000
      6.5%
      $1,690,000
      7%
      $1,640,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,585,000
      Geo Method
      $1,420,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,440,000
      Retail
      $1,775,000
      Mixed-Use
      $1,580,000
      Hospitality
      $1,580,000
      Educational
      $1,585,000
      Residential Income
      $1,460,000
      Energy
      $1,835,000
      Income-Based Land
      $1,540,000
      Food Service
      $1,715,000

    Location Insight

    • Map
    • Local Demand
    City
    Yuma
    County
    Yuma
    State
    Colorado
    Longitude
    -102.73
    Latitude
    40.119

    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
    $13,226
    $48,317
    $96,065
    $144,382
    -
    $166,611
    $331,259
    $497,870

    Comparable in this City

    • Value Estimation
      $210,000
      5,000 SF

      207 8th Ave

      AUTO REPAIR, GARAGE • 5,000 SF
      207 8th Ave, Yuma, CO 80759
      View Details
    • Value Estimation
      $345,000
      3,000 SF

      805 8th Ave

      AUTO REPAIR, GARAGE • 3,000 SF
      805 8th Ave, Yuma, CO 80759-2644
      View Details
    • Value Estimation
      $355,000
      4,356 SF

      608 8th Ave

      SERVICE STATION (FULL SERVICE) • 4,356 SF
      608 8th Ave, Yuma, CO 80759-2154
      View Details
    • Value Estimation
      $720,000
      25,272 SF

      38459 County Rd D D

      AUTO REPAIR, GARAGE • 25,272 SF
      38459 County Rd D D, Yuma, CO 80759-9005
      View Details
    • Value Estimation by Request
      9,280 SF

      Yuma, CO 80759

      AUTO REPAIR, GARAGE • 9,280 SF
      Yuma, CO 80759
      View Details
    • Value Estimation
      $195,000
      955 SF

      Yuma, CO 80759

      CAR WASH - AUTOMATED • 955 SF
      Yuma, CO 80759
      View Details

    Similar Nearby for Sale

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    • $82,000

      61.8 Acres Tillable Land

      61.8 acres of tillable land in Yuma County, Colorado.
      County Road 59, Yuma, CO 80759
      View Details
    • $50,000
      5.00 Acres

      Vacant Land in Yuma, Colorado

      5-acre vacant land parcel available in Yuma, Colorado.
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      View Details
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    500 8th Ave
    Yuma, CO 80759-2651
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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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