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    Property profile & analytics

    506 Spruce St La Jara, CO 81140

    • Commercial kitchens
    • 2,016 SF
    • 1.26 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US13-1968939
    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

    • Commercial kitchens

    Property Details for 506 Spruce St

    Year built
    2016
    Construction
    WOOD
    Lot size
    1.26 lot acres
    Property size
    2,016 SF
    Property type
    Commercial kitchens
    APN
    572114333162
    APU
    572114333162

    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 Jara
    County
    Conejos
    State
    Colorado
    Longitude
    -105.962
    Latitude
    37.2726

    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
    $6,120
    $18,330
    $57,314
    $75,644
    -
    $65,700
    $205,430
    $271,130

    Comparable in this City

    • Value Estimation by Request
      1,509 SF

      20110 Us Hwy 285

      BAR, TAVERN • 1,509 SF
      20110 Us Hwy 285, La Jara, CO 81140
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    • Value Estimation by Request
      864 SF

      111 Spruce St

      RESTAURANT • 864 SF
      111 Spruce St, La Jara, CO 81140
      View Details
    • Value Estimation
      $55,000
      4,551 SF

      404 Main St

      RESTAURANT • 4,551 SF
      404 Main St, La Jara, CO 81140
      View Details
    • Value Estimation
      $415,000
      8,064 SF

      20245 Us Hwy 285

      BAR, TAVERN • 8,064 SF
      20245 Us Hwy 285, La Jara, CO 81140
      View Details
    • Value Estimation by Request
      2,175 SF

      410 Main St

      RESTAURANT • 2,175 SF
      410 Main St, La Jara, CO 81140-5034
      View Details
    • Value Estimation by Request
      1,282 SF

      La Jara, CO 81140

      BAR, TAVERN • 1,282 SF
      La Jara, CO 81140
      View Details

    Similar Nearby for Sale

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      8,064 SF

      Turnkey Tavern/Restaurant on 3 Acres

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    • $325,000
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      Established Liquor Store in La Jara

      Thriving liquor store in a high-visibility location in La Jara.
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      1.40 Acres

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      40.00 Acres

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    506 Spruce St
    La Jara, CO 81140
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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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