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    Property profile & analytics

    515 Commerce Ave Fort Morgan, CO 80701-2275

    • Gas stations
    • 7,780 SF
    • 1.79 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US13-0357376
    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

    • County Express Public Transportation / Bus Company

    Property Details for 515 Commerce Ave

    Year built
    1972
    Construction
    STEEL FRAME
    Lot size
    1.79 lot acres
    Property size
    7,780 SF
    Property type
    Gas stations
    APN
    R004748
    APU
    R004748

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Morgan
    County
    Morgan
    State
    Colorado
    Longitude
    -103.795
    Latitude
    40.2464
    CBSA code
    22820
    CBSA name
    FORT MORGAN, 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
    $9,733
    $49,220
    $79,050
    $128,270
    -
    $176,400
    $283,320
    $459,720

    Comparable in this City

    • Value Estimation by Request
      2,154 SF

      627 Platte Ave

      SERVICE STATION (FULL SERVICE) • 2,154 SF
      627 Platte Ave, Fort Morgan, CO 80701-3338
      View Details
    • Value Estimation
      $585,000
      17,200 SF

      1204 Burlington Ave

      SERVICE STATION (FULL SERVICE) • 17,200 SF
      1204 Burlington Ave, Fort Morgan, CO 80701-4609
      View Details
    • Value Estimation
      $385,000
      7,264 SF

      1212 Burlington Ave

      SERVICE STATION (FULL SERVICE) • 7,264 SF
      1212 Burlington Ave, Fort Morgan, CO 80701-4609
      View Details
    • Value Estimation by Request
      28,450 SF

      531 Commerce Ave

      SERVICE STATION (FULL SERVICE) • 28,450 SF
      531 Commerce Ave, Fort Morgan, CO 80701-2275
      View Details
    • Value Estimation by Request
      3,040 SF

      174 Henry Rd

      SERVICE STATION (FULL SERVICE) • 3,040 SF
      174 Henry Rd, Fort Morgan, CO 80701-8949
      View Details
    • Value Estimation
      $240,000
      6,170 SF

      724 Main St

      SERVICE STATION (FULL SERVICE) • 6,170 SF
      724 Main St, Fort Morgan, CO 80701-2028
      View Details

    Similar Nearby for Sale

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    515 Commerce Ave
    Fort Morgan, CO 80701-2275
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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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