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    Property profile & analytics

    21946 State Hwy 135 Crested Butte, CO 81224

    • Investment properties
    • 772 SF
    • 24.38 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 13, 2024
    Location Intelligence
    Property ID
    US13-1333804
    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

    • Investment properties

    Property Details for 21946 State Hwy 135

    Year built
    2014
    Lot size
    24.38 lot acres
    Property size
    772 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    325728000042
    APU
    325728000042

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Crested Butte
    County
    Gunnison
    State
    Colorado
    Longitude
    -106.903
    Latitude
    38.8157

    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
    $7,209
    $94,330
    $28,450
    $122,780
    -
    $1,450,160
    $437,440
    $1,887,600

    Comparable in this City

    • Value Estimation
      $490,000
      502 SF

      716 Elk Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 502 SF
      716 Elk Ave, Crested Butte, CO 81224-5490
      View Details
    • Value Estimation
      $405,000
      1,200 SF

      193 Gillaspey Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,200 SF
      193 Gillaspey Ave, Crested Butte, CO 81224-9617
      View Details
    • Value Estimation
      $375,000
      1,536 SF

      539 Riverland Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 1,536 SF
      539 Riverland Dr, Crested Butte, CO 81224-9627
      View Details
    • Value Estimation
      $295,000
      1,206 SF

      310 2nd St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,206 SF
      310 2nd St, Crested Butte, CO 81224-5412
      View Details
    • Value Estimation
      $385,000
      590 SF

      317 Red Lady Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 590 SF
      317 Red Lady Ave, Crested Butte, CO 81224-9876
      View Details
    • Value Estimation
      $450,000
      1,928 SF

      309 Belleview Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,928 SF
      309 Belleview Ave, Crested Butte, CO 81224-5443
      View Details

    Similar Nearby for Sale

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      Rare commercial parcel with runway access and residential use.
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      Multi-use property with retail and residential space in prime location.
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      Mixed-Use Property in Downtown Crested Butte

      Versatile mixed-use property with office spaces and residential condo in Crested Butte.
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      Mixed-Use Property in Crested Butte

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      View Details
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    21946 State Hwy 135
    Crested Butte, CO 81224
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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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