111 CommercialTrinidad, CO 81082

  • Residential income homes
  • 35,574 SF
Off market
$2,845,330 Estimated

Property Details for 111 Commercial

Year built
1883
Lot size
0.28 AC
Property size (Sq ft)
35,574 SF
Property type
Residential income homes
Property subtype
Serviced apartments
APN
120 03 000
APU
12003000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,830,500
    6.5%
    $9,997,380
    7%
    $9,283,280
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,438,780
    Geo Method
    $3,438,780
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $16,305,300
    Retail / Commercial
    $8,306,720
    Mixed-Use / Specialty
    $8,234,100
    Hospitality / Lodging
    $5,985,100
    Office
    $8,140,380
    Institutional / Educational
    $8,544,770
    Multifamily
    $12,228,800
    Automotive / Energy
    $7,324,090
    Parking / Income-Based Land
    $2,569,950
    Restaurant / Food Service
    $4,190,830
    Healthcare / Senior Housing
    $8,488,020

Location Insight

City
Trinidad
County
Las Animas
State
Colorado
Latitude
37.1686
Longitude
-104.506

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
$10,490
$23,000
$177,920
$200,920
-
$82,455
$637,704
$720,159

FAQs

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