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    Property profile & analytics

    602 2nd Ave Romeo, CO 81148-5005

    • Manufacturing properties
    • 2,355 SF
    • 0.64 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Last Sale
    Mar 02, 2024
    $1,500
    Location Intelligence
    Property ID
    US13-2176931
    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

    • Mel's Custom Meat Processing / Meat Processor

    Property Details for 602 2nd Ave

    Year built
    1969
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.64 lot acres
    Property size
    2,355 SF
    Property type
    Manufacturing properties
    APN
    586721412010
    APU
    586721412010

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Romeo
    County
    Conejos
    State
    Colorado
    Longitude
    -105.986
    Latitude
    37.1736

    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
    $2,324
    $8,202
    $18,162
    $26,364
    -
    $29,400
    $65,097
    $94,497

    Comparable in this City

    • Value Estimation by Request
      0.04 Acres

      Romeo, CO 81148

      INDUSTRIAL (GENERAL) • 0.04 Acres
      Romeo, CO 81148
      View Details
    • Value Estimation by Request
      0.16 Acres

      615 2nd Ave

      COMMERCIAL (GENERAL) • 0.16 Acres
      615 2nd Ave, Romeo, CO 81148-9100
      View Details
    • Value Estimation by Request
      0.08 Acres

      Romeo, CO 81148

      VACANT COMMERCIAL LAND • 0.08 Acres
      Romeo, CO 81148
      View Details
    • Value Estimation by Request
      0.04 Acres

      Romeo, CO 81148

      COMMERCIAL (GENERAL) • 0.04 Acres
      Romeo, CO 81148
      View Details
    • Value Estimation
      $1,395,000
      10,400 SF

      222 Main St

      WHOLESALE OUTLET, DISCOUNT STORE • 10,400 SF
      222 Main St, Romeo, CO 81148
      View Details
    • Value Estimation by Request
      0.08 Acres

      107 Main St

      VACANT COMMERCIAL LAND • 0.08 Acres
      107 Main St, Romeo, CO 81148-5047
      View Details
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    602 2nd Ave
    Romeo, CO 81148-5005
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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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