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    Property profile & analytics

    701 Vly Rd Basalt, CO 81621-8369

    • Retail space
    • 8,800 SF
    • 0.91 lot acres
    OFF-MARKET
    Value Estimation
    $14,525,000
    Last Sale
    Feb 10, 2025
    $15,400,000
    Location Intelligence
    Property ID
    US13-0948640
    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

    • Conoco / Car Wash / Gas Station
    • Willits General Store / Convenience Store
    • Willits Pizza / Pizza Restaurant
    • Mountain West Valuation Group / Real Estate Appraiser
    • Willits Car Wash / Car Wash

    Property Details for 701 Vly Rd

    Year built
    2003
    Lot size
    0.91 lot acres
    Property size
    8,800 SF
    Property type
    Retail space
    APN
    2465 022 07 001
    APU
    246502207001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $14,365,000

    • CAP approach

      CAP return
      Estimation
      6%
      $13,705,000
      6.5%
      $16,250,000
      7%
      $16,165,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $15,165,000
      Geo Method
      $14,745,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $13,975,000
      Retail
      $15,860,000
      Mixed-Use
      $15,150,000
      Hospitality
      $13,730,000
      Educational
      $14,340,000
      Residential Income
      $17,465,000
      Energy
      $14,705,000
      Income-Based Land
      $14,435,000
      Food Service
      $17,495,000

    Location Insight

    • Map
    • Local Demand
    City
    Basalt
    County
    Eagle
    State
    Colorado
    Longitude
    -107.084
    Latitude
    39.3886
    CBSA code
    20780
    CBSA name
    EDWARDS, 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
    $102,070
    $665,010
    $554,220
    $1,219,230
    -
    $2,383,560
    $1,986,440
    $4,370,000

    Comparable in this City

    • Value Estimation by Request
      1,100 SF

      770 Vly Rd, Unit 124

      RETAIL STORES (PERSONAL SERVICES) • 1,100 SF
      770 Vly Rd, Basalt, CO 81621-8388
      View Details
    • Value Estimation
      $605,000
      2,995 SF

      251 Harris St, Unit C-111

      RETAIL STORES (PERSONAL SERVICES) • 2,995 SF
      251 Harris St, Basalt, CO 81621-8408
      View Details
    • Value Estimation
      $6,045,000
      2,894 SF

      351 Market St, Unit R706

      RETAIL STORES (PERSONAL SERVICES) • 2,894 SF
      351 Market St, Basalt, CO 81621-7409
      View Details
    • Value Estimation
      $6,225,000
      1,659 SF

      321 Market St, Unit R703

      RETAIL STORES (PERSONAL SERVICES) • 1,659 SF
      321 Market St, Basalt, CO 81621-7409
      View Details
    • Value Estimation
      $355,000
      455 SF

      231 Midland Ave Ste 201b

      RETAIL STORES (PERSONAL SERVICES) • 455 SF
      231 Midland Ave Ste 201b, Basalt, CO 81621-8253
      View Details
    • Value Estimation
      $260,000
      604 SF

      227 Midland Ave Ste 14a

      RETAIL STORES (PERSONAL SERVICES) • 604 SF
      227 Midland Ave Ste 14a, Basalt, CO 81621-8111
      View Details

    Similar Nearby for Sale

    • $1,500,000
      Pending

      New Retail Space in Basalt

      High visibility commercial space in Willits neighborhood.
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      Shovel-ready development package in booming mid-valley area.
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      Approved development rights for retail and deed-restricted housing.
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      Ground-floor commercial condo with river access and downtown proximity.
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      Redeveloped Retail Space in Basalt

      Newly constructed retail space in downtown Basalt's redeveloped Clark's Market.
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    • $7,000,000
      0.59 Acres

      Development Opportunity in Basalt, Colorado

      Mixed-use development opportunity with approved rights in Tree Farm PUD.
      201 Tree Farm Dr, Basalt, CO 81621
      View Details

    Similar Nearby for Lease

    • $35 SF/Yr

      Prime Commercial Space Available

      1876 SF space ideal for retail or office use.
      5 Tree Farm Dr, Basalt, CO 81621
      View Details
    • $24 SF/Yr
      152,460 SF

      Prime Corner Retail Space Basalt

      Corner retail space in downtown Basalt with high visibility.
      355 Gold Rivers Ct, Basalt, CO 81621
      View Details
    • $35 SF/Yr

      Retail Space in Revitalized Downtown

      Street-level retail space ideal for showroom, fitness, or wellness concepts.
      207 Basalt Ctr Cir, Basalt, CO 81621
      View Details
    • $35 SF/Yr

      Basalt Specialty Property for Rent

      Specialty property available for rent in Basalt, Colorado.
      5 Tree Farm Dr, Basalt, CO 81621
      View Details
    • $6,400 /Mo

      Luxury Furnished Condo in Basalt

      Luxury 2-bedroom condo in downtown Basalt available for lease.
      227 Midland Ave, Basalt, CO 81621
      View Details
    • $25 SF/Yr
      22,216 SF

      Basalt Office with Natural Light

      Ground-level and loft-style office space for rent in Basalt.
      525 Basalt Ave, Basalt, CO 81621
      View Details
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    701 Vly Rd
    Basalt, CO 81621-8369
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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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