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    Property profile & analytics

    681 Mitchell Way Erie, CO 80516-5436

    • Grocery and convenience stores
    • 5,071 SF
    • 1.15 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US13-1051420
    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

    • Shell / Gas Station / Atm
    • Stop N Save / Convenience Store / Gas Station

    Property Details for 681 Mitchell Way

    Year built
    2010
    Lot size
    1.15 lot acres
    Property size
    5,071 SF
    Property type
    Grocery and convenience stores
    APN
    R5340908
    APU
    R5340908

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Weld
    State
    Colorado
    Longitude
    -105.055
    Latitude
    40.0343
    CBSA code
    24540
    CBSA name
    GREELEY, 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
    $75,706
    $251,700
    $491,080
    $742,780
    -
    $902,142
    $1,760,133
    $2,662,275

    Comparable in this City

    • Value Estimation by Request
      0.99 Acres

      Erie Pkwy And Briggs St

      Restaurants • 0.99 Acres
      0 Erie Pkwy And Briggs St, Erie, CO 80516
      View Details
    • Value Estimation by Request
      4,991 SF

      2999 Bonanza Dr

      CONVENIENCE STORE • 4,991 SF
      2999 Bonanza Dr, Erie, CO 80516-8133
      View Details
    • Value Estimation
      $1,580,000
      5,187 SF

      202 Briggs St

      CONVENIENCE STORE • 5,187 SF
      202 Briggs St, Erie, CO 80516-4073
      View Details
    • Value Estimation
      $1,090,000
      3,049 SF

      3240 Vlg Vis Dr

      CONVENIENCE STORE • 3,049 SF
      3240 Vlg Vis Dr, Erie, CO 80516-2521
      View Details
    • Value Estimation
      $4,680,000
      3,499 SF

      3500 State Hwy 52

      CONVENIENCE STORE • 3,499 SF
      3500 State Hwy 52, Frederick, CO 80516-9495
      View Details
    • Value Estimation by Request

      Sec Of Erie Pkwy & Briggs St

      Restaurants
      0 Sec Of Erie Pkwy & Briggs St, Erie, CO 80516
      View Details

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    Similar Nearby for Lease

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      Palisade Park Retail Land Pads

      Prime Broomfield County Retail Sites
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      Retail Space in Busy Complex

      End-cap unit with open space and natural light.
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      Highway 7 Retail Opportunity

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      Retail Space in Growing Area

      Retail property in a growing residential market, fronting Highway 7.
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    Property Visit Statistics

    • Visits by month
      984
    • Visitors by month
      915
    • Avg Time on site
      48 min
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    681 Mitchell Way
    Erie, CO 80516-5436
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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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