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    Property profile & analytics

    56640 Colfax Ave Strasburg, CO 80136

    • Retail space
    • 3,320 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 23, 2024
    Location Intelligence
    Property ID
    US13-0651676
    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

    • Western Hardware / Hardware Store / Plumbing Supply Store

    Property Details for 56640 Colfax Ave

    Year built
    1939
    Construction
    CONCRETE BLOCKS
    Lot size
    0.33 lot acres
    Property size
    3,320 SF
    Property type
    Retail space
    APN
    1983-04-1-03-014
    APU
    198304103014

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Strasburg
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.325
    Latitude
    39.738
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, 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
    $6,702
    $0.00
    $0.00
    $78,679
    -
    $72,500
    $239,500
    $312,000

    Comparable in this City

    • Value Estimation by Request
      400 SF

      56180 Colfax Ave

      RETAIL STORES (PERSONAL SERVICES) • 400 SF
      56180 Colfax Ave, Strasburg, CO 80136
      View Details
    • Value Estimation by Request
      1,874 SF

      56720 Colfax Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,874 SF
      56720 Colfax Ave, Strasburg, CO 80136-5013
      View Details
    • Value Estimation
      $865,000
      9,100 SF

      56951 Colfax Ave

      RETAIL STORES (PERSONAL SERVICES) • 9,100 SF
      56951 Colfax Ave, Strasburg, CO 80136-8115
      View Details
    • Value Estimation
      $340,000
      900 SF

      56521 Colfax Ave

      RETAIL STORES (PERSONAL SERVICES) • 900 SF
      56521 Colfax Ave, Strasburg, CO 80136-7709
      View Details
    • Value Estimation
      $245,000
      2,000 SF

      1522 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,000 SF
      1522 Main St, Strasburg, CO 80136
      View Details
    • Value Estimation
      $595,000
      5,620 SF

      1506 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,620 SF
      1506 Main St, Strasburg, CO 80136
      View Details

    Similar Nearby for Sale

    • $1,250,000
      6,667 SF

      Retail Building on Mainstreet

      Retail building with leases in place and future development potential.
      56541 E Colfax Ave, Strasburg, CO 80136
      View Details
    • $900,000
      3,320 SF

      Prime Commercial Property in Strasburg

      Centrally located commercial property with leasing potential in Strasburg, CO.
      56640 E Colfax Ave, Strasburg, CO 80136
      View Details
    • $390,000
      904 SF

      Strasburg Retail Space - High Traffic Area

      Turn-key restaurant, near I-70 & KOA. High potential!
      1352 Monroe St, Strasburg, CO 80136
      View Details
    • Contact for pricing
      8.00 Acres

      Strasburg Commercial Land Parcels

      Prime Colorado Commercial Land, C-4 Zoning
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    • $210,000

      Five Acre Parcel with Views

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    Strasburg, CO 80136
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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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