Based on 11 qualified sales recorded over the trailing 24 months, the median commercial sale price in Keenesburg was $382,300, with transactions ranging from $255,000 to $1,666,000. Every parcel is different — location, zoning, income, and condition each move the number materially.
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Keenesburg commercial properties trade across a wide spectrum. The $382,300 median from county-recorded sales gives a reliable baseline, but a well-leased highway-fronting building will command a very different price than a vacant structure off the main corridor. This guide explains the drivers, the data, and how to get a figure specific to your parcel.
Recorded transaction data from public Weld County records shows 11 qualified commercial/retail/office sales over the trailing 24 months, yielding a median sale price of $382,300. The wide spread from $255,000 to $1,666,000 reflects genuine diversity in building size, use, condition, and income characteristics across those transactions.
Four primary forces determine where on the $255K–$1.67M spectrum any given Keenesburg commercial property will land: the income it generates (or can generate), its physical location and access, its physical condition, and the quality of its tenancy.
For income-producing commercial properties, buyers typically value based on the income the asset generates, discounted at a market-appropriate cap rate. A building with stable, long-term tenants producing strong NOI commands a premium over an identical vacant structure. If your property is leased, current rent roll and lease terms are the single most important inputs to any valuation.
Keenesburg commercial property sits primarily along the US-52 corridor with access to I-76. Highway visibility, daily traffic counts, ease of ingress/egress, and proximity to agricultural and logistics demand drivers all translate directly into value. A Main Street storefront and a property two miles off the highway may have very different demand profiles even at similar square footages.
Roof condition, HVAC systems, electrical capacity, ADA compliance, and deferred maintenance all subtract from value in a buyer's eyes — or are factored into their offer price as credits. A well-maintained building in move-in condition commands a meaningful premium over a functionally equivalent but deferred-maintenance property. Buyers in small markets tend to be conservative on condition risk.
A national or regional tenant on a long-term NNN lease is worth more than a month-to-month local occupant, even in the same building. Zoning designation matters too — commercial zoning in Weld County determines what uses are permitted, which drives the range of potential buyers. Agricultural-adjacent commercial zoning, mixed commercial, and highway commercial each attract different buyer pools and pricing expectations.
Weld County is one of Colorado's most economically significant counties — a position that underpins commercial real estate demand even in smaller communities like Keenesburg.
Keenesburg sits at the intersection of US-52 and the broader I-76 transport corridor, placing it within reach of both the northern Front Range urban market and the substantial agricultural and energy economy of eastern Weld County. Commercial demand in the community is historically tied to agricultural supply and services, transportation and logistics, food service, and local retail serving surrounding rural households.
The thin transaction volume (11 sales over 24 months) means each sale carries real weight in shaping the median. In a market this size, one large industrial or mixed-use transaction can shift the observed range substantially. This is why parcel-specific analysis — not just county-level medians — is essential for any owner considering a sale or refinance.
A county-level median is a starting point. Your property's actual market value depends on specifics only a targeted comparable-sales analysis can answer. Here is how Colorado Land Use approaches it.
Use the form on this page — provide your street address or Weld County APN, property type, approximate size, and any lease or income information you have available. The more context you share, the more targeted the analysis.
Colorado Land Use reviews Weld County assessor records, deed filings, and recorded comparable sales for your property type and corridor. We identify the most relevant transactions from the trailing 24-month window and any closely relevant historical data.
For income-producing properties, we factor in reported or estimated NOI. For condition-sensitive assets, we flag known deferred-maintenance issues or recent capital improvements that would materially affect the comparable-sales comparison.
We provide a preliminary value range — grounded in recorded transactions, not speculation — along with a clear explanation of the key variables that would push your property toward the top or bottom of that range.
If your situation requires a formal USPAP-compliant appraisal (e.g., lender financing, estate, legal proceeding), we will clearly say so and explain why. Colorado Land Use is a research resource, not a licensed appraiser — we help you understand the landscape and connect with the right professionals.
Real questions from owners and investors about commercial values in Keenesburg and Weld County, answered directly.
Based on 11 qualified sales recorded over the trailing 24 months (on/after 2024-06-01), the median commercial sale price in Keenesburg was $382,300, with a typical range of $255,000 to $1,666,000. Individual properties vary widely based on use, condition, zoning, and income. Source: Public Colorado county records (county assessor and clerk filings), aggregated.
Public Weld County records show 11 qualified commercial/retail/office transactions over the trailing 24 months ending mid-2025. This is a small sample — a characteristic of smaller rural markets — meaning each individual sale has a meaningful effect on the median and range. Thin transaction volume makes parcel-specific analysis especially important.
The range reflects genuine diversity across property type, size, use, condition, and income. A small standalone retail building on US-52 will trade very differently from a larger multi-tenant commercial structure or a mixed-use property with stabilized tenants. The high end of the range likely includes larger or income-producing assets; the low end reflects simpler or smaller properties. No single number applies to all commercial property in Keenesburg.
Key drivers include: (1) net operating income and lease terms, (2) location and highway/corridor access along US-52 and proximity to I-76, (3) zoning and permitted uses under Weld County regulations, (4) building condition and capital expenditure needs, (5) tenancy quality and lease duration, and (6) recent comparable sales in the immediate market. All six interact — a well-located building with deferred maintenance may still price below a smaller but turnkey competitor.
Yes, meaningfully. Weld County is one of Colorado's most economically active counties, driven by energy, agriculture, and logistics. Keenesburg's position along US-52 with proximity to I-76 supports commercial activity tied to agricultural services, transportation, and regional trade. County-level economic strength creates a floor of demand for commercial real estate even in smaller communities.
The Weld County Assessor values commercial properties using the income, cost, and sales comparison approaches, with the appropriate method depending on property type. Colorado reassessment cycles occur on a two-year schedule. Assessed value is used for property tax calculation and is a distinct concept from market value — the two often diverge, sometimes significantly, due to assessment timing lags and mass-appraisal methodology.
Generally, no. Assessed value and market value are separate concepts. Colorado's assessment ratios, two-year reassessment cycles, and mass-appraisal methods mean assessed values can be materially above or below what a willing buyer would pay in the current market. Recorded sale prices from actual arm's-length transactions — like the 11 sales captured in our snapshot — are a more reliable market benchmark than assessed values alone.
A capitalization rate (cap rate) is net operating income divided by property value, expressed as a percentage. It applies primarily to income-producing commercial properties — retail buildings with leases, multi-tenant office, etc. For owner-occupied or vacant commercial buildings, sales comparison (comparable transactions) is usually the primary method. Cap rate expectations vary by property type, lease quality, and market conditions. No single rate applies uniformly across Keenesburg properties.
A formal USPAP-compliant appraisal is typically required when lender financing is involved in the transaction (the buyer's lender will order one). In all-cash transactions, or when simply setting an asking price, a broker opinion of value (BOV) or a detailed comparable-sales analysis may be sufficient as a starting point. Colorado Land Use can help you understand which is appropriate and when a licensed appraiser is the right next step.
Small-market commercial transactions typically take longer than urban deals because the buyer pool is inherently narrower. Time on market depends heavily on pricing accuracy relative to comparable sales, property type, current demand, and marketing reach. Properties priced close to verified comparable sales tend to trade faster. Overpriced listings in thin markets can stall for 12 months or more, accumulating carrying costs in the process.
Gather as much of the following as possible: current rent rolls or lease agreements, operating expense history (taxes, insurance, maintenance), most recent Weld County tax statement, any recent inspection or environmental reports, total building square footage and lot/parcel size, zoning designation, and knowledge of any deferred maintenance or planned capital expenditures. The more complete your information, the more precise a comparable analysis can be.
Colorado Land Use is an independent commercial real estate and land-use research resource. We review public Weld County assessor and clerk records, identify qualified comparable transactions, and apply property-specific adjustments for condition, income, and location. We provide a preliminary value range and clear explanation of key variables — and we will tell you plainly when a formal licensed appraisal is the right tool for your situation.
Submit your address and property details. Colorado Land Use will review county records and comparable sales and provide a parcel-specific preliminary estimate — no cost, no obligation.
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