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Property profile & analytics
OFF-MARKET
Estimated value
$3,770,000
Motels
2255 9th St Limon, CO 80828
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-2061395
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1997
Total area
31,295 SF
Lot
1.69 ac (73,791 SF)
APN
258518229003
UPID
US13-2061395
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
-
Comfort Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.63M
CAP Approach
CAP
$2.92M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.77M
Owner & transaction history
Premium Hotels LLC · 1 yrs held
Premium Hotels LLC
since 2025
Last sale
$3.9M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Limon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Limon 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
$3,605,000
ML approach
$3,630,000
CAP Approach
CAP Return
Estimation
6%
$3,160,000
6.5%
$2,915,000
7%
$2,710,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,190,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,410,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$3.77M
Range $3.39M – $4.15M · ±10% · vs last sale $3.93M (Apr 25 2025)
Last sale anchor
$3.93M
Apr 25 2025
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
$120 / 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
$85,397
Tax year 2023
Assessed value
$970,028
Assessed 2023
Previous assessed
$729,236
+33.0% YoY
Effective rate
8.80%
On assessed value
Assessed land
$86,256
Assessed improvement
$883,772
Land market value
$309,160
Improvement market value
$3,167,641
Total market value
$3,476,801
Applied tax rate
450.0000
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
1997
Heating
ZONE
Cooling
YES
Stories
2
Rooms
50
Bathrooms
3
Total area
31,295 SF
Lot
1.69 ac (73,791 SF)
APN
258518229003
UPID
US13-2061395
Jurisdiction
LINCOLN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$3.2M
INDUSTRIAL (GENERAL)
Est. value
$2.4M
COMMERCIAL (GENERAL)
INDUSTRIAL (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
1997
Heating
ZONE
Cooling
Yes
Stories
2
Rooms
50
Bathrooms
3
Lot
1.69 ac
Current owner
From public records · entity-resolved
Premium Hotels LLC
Entity
Mailing address
PO BOX 1178, LIMON, CO 80828-1178
Ownership since
2025
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
Apr 25, 2025
$3,925,000
Premium Hotels LLC
All Star Hotel Group LLC
Special Warranty Deed
$2,110,000 · 5star Bank
Dec 11, 2018
—
All Star Hotel Group LLC
—
Deed
related
$250,000 · International Bank
Nov 16, 2007
$2,800,000
All Star Hotel Group LLC
Jmar Development LLC
Warranty Deed
$1,495,000 · Bank Of The West
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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