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Property profile & analytics
OFF-MARKET
Motels
1415 Grand Ave Norwood, CO 81423-5073
Entity Owned
6-yr Hold
Free & Clear
Property ID
US13-2125566
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1947
Total area
4,074 SF
Lot
0.27 ac (11,892 SF)
Zoning code
C3
APN
2010020575
UPID
US13-2125566
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
Current use
Occupant on record · Public records
-
Norwood Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
101 Saddle Ridge LLC · 6 yrs held
101 Saddle Ridge LLC
since 2020
Last sale
$465,000
5 recorded transactions
Zoning & alternative use
C3 · Norwood, CO
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 Norwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norwood 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$135
Tax year 2023
Assessed value
$111,800
Assessed 2023
Previous assessed
$91,540
+22.1% YoY
Effective rate
0.12%
On assessed value
Assessed land
$20,320
Assessed improvement
$91,480
Land market value
$75,553
Improvement market value
$390,000
Total market value
$465,553
Applied tax rate
201.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1947
Buildings
2
Stories
1
Units
8
Total area
4,074 SF
Lot
0.27 ac (11,892 SF)
Zoning code
C3
APN
2010020575
UPID
US13-2125566
Jurisdiction
SAN MIGUEL
Zoning & alternative use
C3 · Norwood, CO
Zoning C3 · permitted uses
C3 · Norwood, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norwood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1947
Stories
1
Buildings
2
Units
8
Lot
0.27 ac
Current owner
From public records · entity-resolved
101 Saddle Ridge LLC
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 5148, DILLON, CO 80435-5148
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2020
$465,000
101 Saddle Ridge LLC
S&k Propertis Ltd
Special Warranty Deed
—
Jun 4, 2018
$375,000
S&k Saddle Ct
Norwood Inn LLC
Warranty Deed
—
Jun 30, 2017
—
Norwood Inn LLC
Clarks Norwood LLC
Quit Claim Deed
related
—
May 4, 2015
—
Norwood Inn LLC
Steven M Tease
Special Warranty Deed
—
Aug 28, 2013
$650,000
Steven Tease
Sandra G Esch
Warranty Deed
$250,000 · Alpine Bank
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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