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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Motels
191 Railroad Ave Mancos, CO 81328-9234
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-2082532
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1965
Total area
5,199 SF
Lot
0.96 ac (41,818 SF)
Zoning code
CMU
APN
560528302006
UPID
US13-2082532
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
-
Mesa Verde Motel Hotel & Motel
-
M Bar & Coffee Cafe & Coffee Shop
-
M Bar Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$585k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$536k
Blend (final)
Blend
$675k
Owner & transaction history
Mssm Enterprises LLC · 4 yrs held
Mssm Enterprises LLC
since 2021
Last sale
$675,000
3 recorded transactions
Zoning & alternative use
CMU · Mancos, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
CMU: Corridor Mixed-Use. The Corridor Mixed-Use District is intended for application to commercial corridors outside of downtown Mancos where mixed-use development exists or is indicated on the future development plan map. Commercial mixed-use development should include a combination of commercial and residential uses that are mutually supportive and that pr…
Zone name
Corridor Mixed Use
General category
MIXED_USE
Zone area
37.83 ac
Source
municipal code
Top alternative use upside
Office building
$850,000
+94.0%
Commercial (general)
$570,000
+30.1%
Retail stores
$545,000
+24.2%
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 Mancos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mancos 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
$670,000
ML approach
$585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$440,000
Current use
OFFICE BUILDING
$850,000
Change: +94% · Conversion: Difficult
COMMERCIAL (GENERAL)
$570,000
Change: +30% · Conversion: Difficult
RETAIL STORES
$545,000
Change: +24% · Conversion: Difficult
AUTO REPAIR, GARAGE
$530,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$675k
Range $608k – $743k · ±10% · vs last sale $675k (Nov 10 2021)
Last sale anchor
$675k
Nov 10 2021
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
$130 / 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
$7,906
Tax year 2023
Assessed value
$126,810
Assessed 2023
Previous assessed
$27,794
+356.2% YoY
Effective rate
6.23%
On assessed value
Assessed land
$78,826
Assessed improvement
$47,984
Land market value
$271,815
Improvement market value
$165,462
Total market value
$437,277
Applied tax rate
61,039.0000
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
1965
Heating
RADIANT
Buildings
4
Stories
1
Total area
5,199 SF
Lot
0.96 ac (41,818 SF)
Zoning code
CMU
APN
560528302006
UPID
US13-2082532
Jurisdiction
MONTEZUMA
Zoning & alternative use
CMU · Mancos, COZoning CMU · permitted uses
CMU · Mancos, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
CMU: Corridor Mixed-Use. The Corridor Mixed-Use District is intended for application to commercial corridors outside of downtown Mancos where mixed-use development exists or is indicated on the future development plan map. Commercial mixed-use development should include a combination of commercial and residential uses that are mutually supportive and that provide goods and services to surrounding residential uses. (i)
Zone name
Corridor Mixed Use
General category
MIXED_USE
Zone area
37.83 ac
Source
municipal code
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$440,000
OFFICE BUILDING
Est. value
$850,000
COMMERCIAL (GENERAL)
Est. value
$570,000
RETAIL STORES
Est. value
$545,000
AUTO REPAIR, GARAGE
Est. value
$530,000
HOTEL/MOTEL Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1965
Heating
RADIANT
Stories
1
Buildings
4
Lot
0.96 ac
Current owner
From public records · entity-resolved
Mssm Enterprises LLC
Entity
Mailing address
191 E RAILROAD AVE, MANCOS, CO 81328
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2021
$675,000
Mssm Enterprises LLC
Mesa Verde Motel LLC
Warranty Deed
$542,592 · The Dolores State Bank
May 12, 2017
$450,000
Mesa Verde Motel LLC
Bch Limited
Warranty Deed
$446,660 · The Dolores State Bank
Sep 17, 2010
$368,700
Bch Limited
James W Swenson
Warranty Deed
—
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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