Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3619 Co-65 Mesa, CO 81643
    Back to Search
    Property profile & analytics

    3619 Co-65, Mesa, CO 81643

    View on Map
    • Hospitality properties
    • 3,008 SF
    • 8.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hospitality properties

    Property Details for 3619 Co-65

    Year built
    2002
    Lot size
    8.00 lot acres
    Property size
    3,008 SF
    Property type
    Hospitality properties
    Property subtype
    Motels

    Description

    Mesa Lakes Lodge and Resort presents a remarkable investment opportunity in the heart of Colorado's Grand Mesa National Forest. This established hospitality business boasts a prime location on 8 acres along CO-65, offering unparalleled access to seven of the area's 300+ lakes. The property includes a main lodge featuring a restaurant and bar, along with a gift/rental shop, providing diverse revenue streams. Accommodations consist of six cozy cabins and eleven picturesque bungalows, totaling 49 beds across 17 keys. The 3,008 square foot lodge and its supporting structures are spread across 21 buildings, built in 2002, and are situated on a ground lease with permitted resort zoning. Ample parking is available with 30 spaces. This turnkey operation offers immediate income generation with significant potential for growth through expanded services, marketing initiatives, and event hosting. The established reputation and stunning natural setting create a highly desirable destination for tourists and outdoor enthusiasts, ensuring a strong foundation for continued success and profitability. The property's diverse offerings, including fishing, boating, hiking, and wildlife viewing opportunities, attract a wide range of guests. This is a rare chance to acquire a thriving mountain resort with exceptional amenities and immense growth potential in a breathtaking location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Mesa
    State
    Colorado
    Longitude
    -108.09
    Latitude
    39.0496

    Comparable in this City

    • Value Estimation by Request
      12,634 SF

      48371 Quakie St

      HOTEL/MOTEL • 12,634 SF
      48371 Quakie St, Mesa, CO 81643
      View Details
    • Value Estimation by Request
      610 SF

      3619 Hwy 65

      HOTEL/MOTEL • 610 SF
      3619 Hwy 65, Mesa, CO 81643
      View Details
    • Value Estimation
      $1,245,000
      25,357 SF

      48295 Powderhorn Rd

      HOTEL • 25,357 SF
      48295 Powderhorn Rd, Mesa, CO 81643
      View Details
    • Value Estimation by Request
      7,200 SF

      48973 Ke Rd

      HOTEL • 7,200 SF
      48973 Ke Rd, Mesa, CO 81643
      View Details
    • Value Estimation by Request
      2.53 Acres

      50140 Ke Rd

      REFINERY, PETROLEUM PRODUCTS • 2.53 Acres
      50140 Ke Rd, Mesa, CO 81643
      View Details
    • Value Estimation by Request
      2,865 SF

      11011 Us Hwy 65

      MANUFACTURING (LIGHT) • 2,865 SF
      11011 Us Hwy 65, Mesa, CO 81643-5188
      View Details

    Similar Nearby for Sale

    • $395,000
      37.87 Acres

      Grand Mesa Land Near Resort

      37.87 acres near Powderhorn Resort with panoramic views.
      8 Tbd Hwy 65, Mesa, CO 81643
      View Details
    • $250,000
      Pending

      Mesa, CO Land For Sale

      38.12 acre land parcel in Mesa, Colorado.
      Mesa, CO 81643
      View Details
    • $250,000

      Mesa, Colorado Off-Grid Land Parcel

      38+ acre off-grid parcel for hunting, recreation, or cabin.
      4 Tbd, Mesa, CO 81643
      View Details
    • $325,000

      Mesa, Colorado 10-Acre Land Parcel

      10-acre parcel near Powderhorn Ski Resort with mountain views.
      50200 Eagles Way, Mesa, CO 81643
      View Details
    • $299,000
      34.25 Acres

      Vacant Land Near Grand Mesa

      34+ acres near Powderhorn Resort with mountain views.
      5962 Colorado 65, Mesa, CO 81643
      View Details
    • $299,000
      34.25 Acres

      Mesa, CO Land For Sale

      34.25 acre land parcel in Mesa, Colorado.
      5962 Hwy 65, Mesa, CO 81643
      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.
    3619 Co-65
    Mesa, CO 81643
    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
    3619 Co-65, Mesa, CO, 81643
    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!