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    Property profile & analytics

    101 Ray Ave Rifle, CO 81650-2643

    • Hotels
    • 5,708 SF
    • 0.89 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 24, 2024
    Location Intelligence
    Property ID
    US13-0300238
    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.

    Current Use by Public Records

    • Hotels

    Property Details for 101 Ray Ave

    Year built
    1953
    Construction
    METAL FRAME
    Lot size
    0.89 lot acres
    Property size
    5,708 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    217717204001
    APU
    217717204001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rifle
    County
    Garfield
    State
    Colorado
    Longitude
    -107.803
    Latitude
    39.529
    CBSA code
    24060
    CBSA name
    GLENWOOD SPRINGS, CO MICROPOLITAN 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
    $13,211
    $83,550
    $114,280
    $197,830
    -
    $299,460
    $409,590
    $709,050

    Comparable in this City

    • Value Estimation
      $435,000
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      Rifle, CO 81650

      HOTEL/MOTEL • 1,727 SF
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    • Value Estimation by Request
      54,298 SF

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      HOTEL/MOTEL • 54,298 SF
      715 Megan, Rifle, CO 81650-4707
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    • Value Estimation
      $11,505,000
      63,337 SF

      600 Wapiti Ct

      HOTEL/MOTEL • 63,337 SF
      600 Wapiti Ct, Rifle, CO 81650-3474
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    • Value Estimation
      $1,625,000
      43,253 SF

      301 7th S St

      HOTEL/MOTEL • 43,253 SF
      301 7th S St, Rifle, CO 81650-2721
      View Details
    • Value Estimation by Request
      24,720 SF

      718 Taughenbaugh Blvd

      HOTEL/MOTEL • 24,720 SF
      718 Taughenbaugh Blvd, Rifle, CO 81650-2703
      View Details
    • Value Estimation by Request
      15,203 SF

      520 Railroad Ave

      HOTEL/MOTEL • 15,203 SF
      520 Railroad Ave, Rifle, CO 81650-3548
      View Details

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    Similar Nearby for Lease

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      Versatile Commercial Space in Rifle

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      Versatile Commercial Space in Rifle

      Commercial space with open layout, natural light, and convenient location.
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      Recently remodeled Class A office space in West Rifle.
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    101 Ray Ave
    Rifle, CO 81650-2643
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    Realmo Value Estimation

    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.

    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.

    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
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