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    Property profile & analytics

    575 Colorado Ave Limon, CO 80828-2215

    • Commercial real estate
    • 144 SF
    • 6.15 lot acres
    OFF-MARKET
    Value Estimation
    $3,040,000
    Last Sale
    Aug 30, 2022
    $3,175,000
    Location Intelligence
    Property ID
    US13-2095700
    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

    • Limon KOA Journey / Rv Park / Campground

    Property Details for 575 Colorado Ave

    Year built
    1992
    Construction
    LOG
    Lot size
    6.15 lot acres
    Property size
    144 SF
    Property type
    Commercial real estate
    APN
    258516201001
    APU
    258516201001

    Description

    This exceptional investment opportunity presents a thriving Class B RV park in Limon, Colorado. Located conveniently off Interstate 70 at 575 Colorado Ave, Limon, CO 80828, this established business boasts 67 units, including 57 RV pads, spread across 6.146 acres. The property includes four buildings constructed in 1997, totaling 2,598 square feet. Amenities are plentiful and include cabins, a swimming pool, a three-bedroom home, a manager's apartment, a detached garage, and additional outbuildings. Currently operating as a KOA campground, this property enjoys high occupancy throughout the peak season and offers significant potential for increased off-season revenue through additional monthly rentals. The asking price is $3,492,500, representing a compelling value-add investment opportunity in a prime location with strong existing cash flow and substantial upside potential. This well-maintained property is ready for a new owner to continue its success and capitalize on the growing demand for RV camping. The property's location on I-70 ensures high visibility and easy access for travelers. This is a turnkey operation with established infrastructure and a proven track record.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,035,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,030,000
      6.5%
      $3,230,000
      7%
      $3,200,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,000,000
      Geo Method
      $2,690,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,980,000
      Retail
      $3,790,000
      Mixed-Use
      $2,990,000
      Hospitality
      $3,725,000
      Educational
      $3,740,000
      Residential Income
      $3,820,000
      Energy
      $2,765,000
      Income-Based Land
      $3,215,000
      Food Service
      $3,255,000

    Location Insight

    • Map
    • Local Demand
    City
    Limon
    County
    Lincoln
    State
    Colorado
    Longitude
    -103.673
    Latitude
    39.266

    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
    $10,287
    $81,011
    $35,844
    $116,855
    -
    $309,287
    $150,651
    $459,938

    Comparable in this City

    • Value Estimation by Request
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      354 Ee Ave, Limon, CO 80828
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      198 Ee Ave

      COMMERCIAL (GENERAL) • 4,023 SF
      198 Ee Ave, Limon, CO 80828-5077
      View Details
    • Value Estimation by Request
      2,254 SF

      263 Ee Ave

      COMMERCIAL (GENERAL) • 2,254 SF
      263 Ee Ave, Limon, CO 80828-5078
      View Details
    • Value Estimation by Request
      3,000 SF

      973 Main St

      COMMERCIAL (GENERAL) • 3,000 SF
      973 Main St, Limon, CO 80828
      View Details
    • Value Estimation
      $265,000
      9,700 SF

      286 Main St

      COMMERCIAL (GENERAL) • 9,700 SF
      286 Main St, Limon, CO 80828
      View Details
    • Value Estimation by Request
      1,628 SF

      221 A Ave

      COMMERCIAL (GENERAL) • 1,628 SF
      221 A Ave, Limon, CO 80828
      View Details

    Similar Nearby for Sale

    • $975,000
      13,800 SF

      Limon Commercial Storage Complex

      High-return storage facility, prime I-70 location.
      2487 Market Pl, Limon, CO 80828
      View Details
    • $1,090,000

      Limon Motel: Prime Investment Opportunity

      Profitable Limon Motel - 29 Units
      514 Main St, Limon, CO 80828
      View Details
    • $180,000
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      View Details
    Request Owner's contact information
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    575 Colorado Ave
    Limon, CO 80828-2215
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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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