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Property profile & analytics
OFF-MARKET
Motels
200 Grand Ave Mancos, CO 81328-8005
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US13-1851585
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1898
Total area
4,726 SF
Lot
0.17 ac (7,405 SF)
Zoning code
C
APN
560528312008
UPID
US13-1851585
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
-
Mancos Inn Hotel & Motel Bed & Breakfast
-
Painted Turtle Studio & Gallery, Mancos Community Art Center Vocational School
-
Rainbowbirdy Face and Body Art Event Planning Party Supply Store
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
Mancos Inn LLC · 10 yrs held
Mancos Inn LLC
since 2015
2 recorded transactions
Zoning & alternative use
C · Mancos, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C: Commercial. The Commercial District is designed to accommodate a wide variety of commercial activities with a compatible mix of uses to make the Town a more attractive and energetic place to live, work, and shop, and to enhance the economic development of the Town. (j)
Zone name
Commercial
General category
COMMERCIAL
Zone area
9.86 ac
Source
municipal code
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
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
$6,529
Tax year 2023
Assessed value
$113,901
Assessed 2023
Previous assessed
$96,001
+18.6% YoY
Effective rate
5.73%
On assessed value
Assessed land
$37,496
Assessed improvement
$76,405
Land market value
$129,295
Improvement market value
$263,466
Total market value
$392,761
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
1898
Heating
NONE
Buildings
2
Stories
1
Total area
4,726 SF
Lot
0.17 ac (7,405 SF)
Zoning code
C
APN
560528312008
UPID
US13-1851585
Jurisdiction
MONTEZUMA
Zoning & alternative use
C · Mancos, COZoning C · permitted uses
C · Mancos, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C: Commercial. The Commercial District is designed to accommodate a wide variety of commercial activities with a compatible mix of uses to make the Town a more attractive and energetic place to live, work, and shop, and to enhance the economic development of the Town. (j)
Zone name
Commercial
General category
COMMERCIAL
Zone area
9.86 ac
Source
municipal code
Building & site characteristics
From public records
Year built
1898
Heating
NONE
Stories
1
Buildings
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Mancos Inn LLC
Entity
Mailing address
PO BOX 293, MANCOS, CO 81328-0293
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2015
$475,000
Mancos Inn LLC
Kent A Rath
Warranty Deed
$365,000 · Kent A Rath Etal
May 16, 2011
—
Kent A Rath
Glenn A Gentry
Warranty Deed
$59,771 · The Citizens State Bank Of Cortez
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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