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Property profile & analytics
OFF-MARKET
Estimated value
$13,835,000
Hotels
1308 County Rd 129 Glenwood Springs, CO 81601-9736
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-0720150
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2010
Construction
METAL FRAME
Total area
7,484 SF
Lot
39.98 ac (1,741,529 SF)
APN
218502400046
UPID
US13-0720150
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.88M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.84M
Owner & transaction history
Glenwood Canyon Resort LLC · 3 yrs held
Glenwood Canyon Resort LLC
since 2023
Last sale
$14.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Glenwood Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glenwood Springs submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$17,970,000
ML approach
$8,880,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$13.84M
Range $12.45M – $15.22M · ±10% · vs last sale $14.25M (Mar 2 2023)
Last sale anchor
$14.25M
Mar 2 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$1,849 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$190,032
Tax year 2023
Assessed value
$2,592,670
Assessed 2023
Previous assessed
$634,270
+308.8% YoY
Effective rate
7.33%
On assessed value
Assessed land
$2,210,780
Assessed improvement
$381,890
Land market value
$7,923,960
Improvement market value
$1,368,770
Total market value
$9,292,730
Applied tax rate
126.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2010
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
6
Stories
2
Rooms
12
Bathrooms
34
Total area
7,484 SF
Lot
39.98 ac (1,741,529 SF)
APN
218502400046
UPID
US13-0720150
Jurisdiction
GARFIELD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2010
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
6
Rooms
12
Bathrooms
34
Lot
39.98 ac
Current owner
From public records · entity-resolved
Glenwood Canyon Resort LLC
Entity
Mailing address
7300 N CICERO AVE STE #201, LINCOLNWOOD, IL 60712-1695
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2023
—
Glenwood Canyon Resort LLC
Glenwood Canyon Resort II LLC
Intrafamily Transfer
related
—
Mar 31, 2022
$14,250,000
Glenwood Canyon Resort LLC
Rock Gardens Mobile Home Park & Cam
Special Warranty Deed
—
Mar 8, 2007
—
Gdns Mobile Hm Pk Rock
—
Trustees Deed
related
$310,000 · Bank Of Colorado
Aug 18, 2006
—
Gdns Mobile Hm Pk Rock
Schneider,kevin B & Kathleen C
Warranty Deed
—
Mar 17, 2006
—
Kevin B Schneider
—
Trustees Deed
related
$110,000 · Bank Of Colorado
May 6, 2005
—
Kevin B Schneider
—
Trustees Deed
related
$100,000 · Bank Of Colorado
—
—
Kevin B Schneider
—
Loan Modification
related
$110,000 · Mechling E A III & K S Trust
—
—
Gardens Mobile Home Park Rock
—
Deed Of Trust
related
$885,000 · Colorado Lending Source Ltd
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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