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    Property profile & analytics

    1305 Thunder Rd Norwood, CO 81423-5173

    • Hotels
    • 2,768 SF
    • 363.00 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Location Intelligence
    Property ID
    US13-1808341
    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 1305 Thunder Rd

    Year built
    2000
    Lot size
    363.00 lot acres
    Property size
    2,768 SF
    Zone code
    AF
    Property type
    Hotels
    APN
    2040091265
    APU
    2040091265

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norwood
    County
    San Miguel
    State
    Colorado
    Longitude
    -108.317
    Latitude
    38.0977

    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
    $194
    $73,740
    $103,030
    $176,770
    -
    $265,100
    $369,272
    $634,372

    Comparable in this City

    • Value Estimation
      $1,370,000
      5,031 SF

      1160 Grand Ave

      HOTEL • 5,031 SF
      1160 Grand Ave, Norwood, CO 81423-5070
      View Details
    • Value Estimation
      $215,000
      5,606 SF

      1550 Grand Ave

      HOTEL • 5,606 SF
      1550 Grand Ave, Norwood, CO 81423-5068
      View Details
    • Value Estimation
      $515,000
      4,074 SF

      1415 Grand Ave

      MOTEL • 4,074 SF
      1415 Grand Ave, Norwood, CO 81423-5073
      View Details
    • Value Estimation by Request
      15.48 Acres

      410 Gurley Lk Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 15.48 Acres
      410 Gurley Lk Dr, Norwood, CO 81423
      View Details
    • Value Estimation by Request
      35.40 Acres

      11746 44th Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 35.40 Acres
      11746 44th Rd, Norwood, CO 81423
      View Details
    • Value Estimation by Request
      412 SF

      Norwood, CO 81423

      INDUSTRIAL (GENERAL) • 412 SF
      Norwood, CO 81423
      View Details

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    1305 Thunder Rd
    Norwood, CO 81423-5173
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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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