Alamosa Market Update Q1 2022

alamosa county market

The Downtown market is strong. There is very little vacancy in commercial space. Maverik Gas Station is completed. LITC Apartment “Iron Horse” is nearing completion. The city is doing mass re-zoning and road projects. FRIDAY health plans continues to expand. District Attorney Recall election slated. And there is a possible New Hotel in the works.

2021 Q12022 Q1%+-
VELOCITY (Source – MLS)
Commercial Sales Volume$23,80000-100%
Commercial Transactions10-100%
VACANCY RATE
CAP RATE76.8-2.86%
SALES TAX INDICATORS (Source – County Controller)
All Sales Tax$69,8654$159,094.42-77.23%
Lodging Taxes$39,844.53$69,309.4073.95%

About The Author

Preston Porter, Porter Realty

A native of Alamosa, Colorado, Preston Porter is the owner and managing broker of Porter Realty in Alamosa, Colorado. With 15 years of real estate experience, Preston's focus is on listing and selling residential and commercial properties in Alamosa and farm/ranch real estate throughout the five counties of the San Luis Valley.