Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    901 Main St Fairplay, CO 80440-5280
    Back to Search
    Property profile & analytics

    901 Main St, Fairplay, CO 80440-5280

    View on Map
    • Office buildings
    • 2,464 SF
    • 0.60 lot acres
    Off-Market
    Last Sale Aug 29, 2022
    $350,000
    Property ID
    US13-1068973
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Fairplay Police Department / Police Department
    • ChargePoint Charging Station / Electric Vehicle Charging Station

    Property Details for 901 Main St

    Year built
    2000
    Construction
    FRAME
    Lot size
    0.60 lot acres
    Property type
    Office buildings
    APN
    R0000481
    APU
    R0000481

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 29, 2022 — Town Of Fairplay Fairplay Capital Leasing Corporatio Quit Claim Deed · related —
    Jun 26, 2018 $180,000 Town Of Fairpaly Fairplay Sanitatation District Grant Deed · related —
    Jun 26, 2018 $230,000 Town Of Fairplay Fairplay Saitation District Grant Deed · related —
    Dec 31, 2012 $350,000 Fairplay Capital Lessing Corp Hamburg,jay L & Barbara Warranty Deed —
    Aug 25, 1999 — 901 Main Street LLC Hamburg,jay L & Barbara Quit Claim Deed · related —
    — — Jay Hamburg — Deed Of Trust · related $30k · Community First National Bank
    — — Jay L Hamburg — Deed Of Trust · related $31k · Barbara Hamburg
    — — Fairplay Capital Leasing Corp — Deed Of Trust · related —
    — — 901 Main St LLC — Deed Of Trust · related $45k · Hutchison Lumber Co INC
    — — Jay L Hamburg — Deed Of Trust · related $318k · Firstmerit Bank NA

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fairplay
    County
    Park
    State
    Colorado
    Longitude
    -105.996
    Latitude
    39.2212
    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
    $0.00
    $27,593
    $77,244
    $104,837
    -
    $95,149
    $266,358
    $361,507

    Comparable in this City

    • Value Estimation by Request
      2,016 SF

      1507 County Rd 16

      OFFICE BUILDING
      1507 County Rd 16, Fairplay, CO 80440
      View Details
    • Value Estimation by Request
      1,248 SF

      281 State Hwy 285

      OFFICE BUILDING
      281 State Hwy 285, Fairplay, CO 80440
      View Details
    • Value Estimation
      $670,000
      3,840 SF

      1101 Mdw Dr

      OFFICE BUILDING
      1101 Mdw Dr, Fairplay, CO 80440
      View Details
    • Value Estimation by Request
      1,664 SF

      419 Frnt St

      OFFICE BUILDING (MULTI-STORY)
      419 Frnt St, Fairplay, CO 80440
      View Details
    • Value Estimation by Request
      2,688 SF

      200 6th St

      OFFICE BUILDING
      200 6th St, Fairplay, CO 80440
      View Details
    • Value Estimation
      $530,000
      5,025 SF

      525 Hathaway St

      OFFICE BUILDING
      525 Hathaway St, Fairplay, CO 80440
      View Details

    Similar Nearby for Sale

    • $419,900
      592 SF

      Fairplay Office Space Overlooking River

      Downtown Fairplay office space with river and mountain views.
      551 Front St, Fairplay, CO 80440
      View Details
    • Contact for pricing
      2,304 SF

      Live/Work Space in Fairplay

      Commercial space with residence in established Fairplay location.
      1150 Castello Ave, Fairplay, CO 80440
      View Details
    • Contact for pricing

      Live/Work Opportunity in Fairplay, CO

      Commercial space with residential unit in established Fairplay location.
      1150 Castello Ave, Fairplay, CO 80440
      View Details
    • Contact for pricing

      Charming Historic Cabin For Sale

      Renovated 3-bedroom cabin in Fairplay's Town Center.
      540 Front St, Fairplay, CO 80440
      View Details
    • $419,900

      Downtown Fairplay Office Space

      Office space in downtown Fairplay with river and mountain views.
      551 Front St, Fairplay, CO 80440
      View Details
    • Contact for pricing

      Highway Frontage Commercial Opportunity

      Well-maintained commercial property with office, retail, and warehouse space.
      501 Us Highway 285, Fairplay, CO 80440
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    901 Main St
    Fairplay, CO 80440-5280
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    901 Main St, Fairplay, CO, 80440
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!