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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Retail space
197 Navajo Trl Dr Pagosa Springs, CO 81147-8866
Individually Owned
1-yr Hold
Free & Clear
Property ID
US13-2107506
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1991
Total area
1,616 SF
Lot
1.4 ac (60,984 SF)
Zoning code
COMMERCIAL
APN
569920405010
UPID
US13-2107506
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
-
Tennyson Building Event Center Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$680k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$680k
Owner & transaction history
Our Community Eats · 1 yrs held
Our Community Eats
since 2024
Last sale
$680,000
4 recorded transactions
Zoning & alternative use
COMMERCIAL · Pagosa Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$470,000
+124.7%
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 Pagosa Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pagosa 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
$680,000
ML approach
$680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$470,000
Change: +125% · Conversion: Easy
Blend value · Realmo final
$680k
Range $612k – $748k · ±10% · vs last sale $680k (Aug 1 2024)
Last sale anchor
$680k
Aug 1 2024
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
$421 / 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
$8,227
Tax year 2023
Assessed value
$140,900
Assessed 2023
Previous assessed
$140,900
+0.0% YoY
Effective rate
5.84%
On assessed value
Assessed land
$97,180
Assessed improvement
$43,720
Land market value
$348,330
Improvement market value
$156,690
Total market value
$505,020
Applied tax rate
50.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1991
Heating
HOT WATER
Cooling
NONE
Stories
1
Rooms
4
Total area
1,616 SF
Lot
1.4 ac (60,984 SF)
Zoning code
COMMERCIAL
APN
569920405010
UPID
US13-2107506
Jurisdiction
ARCHULETA
Zoning & alternative use
COMMERCIAL · Pagosa Springs, CO
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Pagosa Springs, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pagosa Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$470,000
COMMERCIAL (GENERAL)
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
1991
Heating
HOT WATER
Cooling
Yes
Stories
1
Rooms
4
Lot
1.4 ac
Current owner
From public records · entity-resolved
Our Community Eats
Individual
Free & Clear · 1 yrs held
Mailing address
135 COUNTRY CTR DR STE F#FSTEF, PAGOSA SPRINGS, CO 81147-8379
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2024
$680,000
Our Community Eats
Ghost Pines Properties LLC
Special Warranty Deed
—
Oct 2, 2018
$13,636
Ghost Pines Properties LLC
Samuel P Roberts
Warranty Deed
—
Dec 20, 2013
$415,000
Samuel P Roberts
Richwick LLC
Warranty Deed
—
May 8, 2007
$750,000
John K Wickman
Dennis M Barber
Warranty Deed
$590,000 · John G Fargerson Etal
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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