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Property profile & analytics
OFF-MARKET
Estimated value
$895,000
Hotels
233 Eaton Ave Cripple Creek, CO 80813
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-0851102
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1898
Total area
6,307 SF
Lot
0.36 ac (15,682 SF)
Zoning code
CCK
APN
4005.133010070
UPID
US13-0851102
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$895k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$895k
Owner & transaction history
1894 Logistics LLC · 1 yrs held
1894 Logistics LLC
since 2024
Last sale
$895,000
6 recorded transactions
Zoning & alternative use
CCK · Cripple Creek, CO
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 Cripple Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cripple Creek 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
$895,000
ML approach
$895,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$945,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$725,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$585,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$895k
Range $806k – $985k · ±10% · vs last sale $895k (Jul 12 2024)
Last sale anchor
$895k
Jul 12 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
$142 / 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
$4,591
Tax year 2023
Assessed value
$144,380
Assessed 2023
Previous assessed
$103,520
+39.5% YoY
Effective rate
3.18%
On assessed value
Assessed land
$21,880
Assessed improvement
$122,500
Land market value
$78,408
Improvement market value
$469,083
Total market value
$547,491
Applied tax rate
40.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1898
Heating
HOT WATER
Stories
2
Rooms
15
Total area
6,307 SF
Lot
0.36 ac (15,682 SF)
Zoning code
CCK
APN
4005.133010070
UPID
US13-0851102
Jurisdiction
TELLER
Zoning & alternative use
CCK · Cripple Creek, CO
Zoning CCK · permitted uses
CCK · Cripple Creek, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cripple Creek. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$945,000
COMMERCIAL (GENERAL)
Est. value
$725,000
WAREHOUSE, STORAGE
Est. value
$585,000
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1898
Heating
HOT WATER
Stories
2
Rooms
15
Lot
0.36 ac
Current owner
From public records · entity-resolved
1894 Logistics LLC
Entity
Mailing address
PO BOX 363, CRIPPLE CREEK, CO 80813-0363
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2024
$895,000
1894 Logistics LLC
Huspak LLC
Special Warranty Deed
$650,874 · Farmers State Bank Of Calhan
Aug 28, 2020
—
Martinez,l & J Trust
Leonardo L Martinez
Quit Claim Deed
related
—
Jan 2, 2020
$571,000
Huspek LLC
Hotel St Nicholas LLC
Warranty Deed
—
—
—
Hotel St Nicholas LLC
—
Deed Of Trust
related
$432,250 · Community Banks Of Colorado
—
—
Hotel St Nicholas LLC
—
Deed Of Trust
related
$68,000 · Ledford Gary A & W J Trust
—
—
Hotel St Nicholas
—
Deed Of Trust
related
$61,000 · John M Wilson
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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