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    Property profile & analytics

    157 Hwy 550 Ridgway, CO 81432-9685

    • Office buildings
    • 3,342 SF
    • 0.64 lot acres
    OFF-MARKET
    Value Estimation
    $410,000
    Last Sale
    Nov 17, 2021
    Location Intelligence
    Property ID
    US13-0390596
    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

    • Office buildings

    Property Details for 157 Hwy 550

    Year built
    1988
    Lot size
    0.64 lot acres
    Property size
    3,342 SF
    Property type
    Office buildings
    APN
    430516215002
    APU
    430516215002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ridgway
    County
    Ouray
    State
    Colorado
    Longitude
    -107.75
    Latitude
    38.1526
    CBSA code
    33940
    CBSA name
    MONTROSE, 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
    $14,888
    $175,390
    $59,660
    $235,050
    -
    $628,650
    $213,840
    $842,490

    Comparable in this City

    • Value Estimation
      $1,235,000
      2,968 SF

      609 Clinton St

      OFFICE BUILDING • 2,968 SF
      609 Clinton St, Ridgway, CO 81432-5010
      View Details
    • Value Estimation by Request
      2,082 SF

      555 Clinton St

      OFFICE BUILDING • 2,082 SF
      555 Clinton St, Ridgway, CO 81432
      View Details
    • Value Estimation
      $580,000
      4,888 SF

      119 Liddell St

      OFFICE BUILDING • 4,888 SF
      119 Liddell St, Ridgway, CO 81432-6300
      View Details
    • Value Estimation
      $645,000
      1,584 SF

      380 Palomino Trl

      OFFICE BUILDING • 1,584 SF
      380 Palomino Trl, Ridgway, CO 81432-9214
      View Details
    • Value Estimation
      $635,000
      3,180 SF

      160 Amelia St

      OFFICE BUILDING • 3,180 SF
      160 Amelia St, Ridgway, CO 81432-9518
      View Details
    • Value Estimation
      $290,000
      2,698 SF

      150 Liddell Dr

      OFFICE BUILDING • 2,698 SF
      150 Liddell Dr, Ridgway, CO 81432
      View Details

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      Ridgway Office Condo with Views

      Professionally managed office condo with mountain views in Ridgway, Colorado.
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    • $350,000
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      Iconic Restaurant Business Opportunity

      Thriving, turnkey restaurant for sale in Ridgway, Colorado.
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    157 Hwy 550
    Ridgway, CO 81432-9685
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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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