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    Property profile & analytics

    249 State Hwy 285 Fairplay, CO 80440

    • Hotels
    • 27,488 SF
    • 2.05 lot acres
    OFF-MARKET
    Value Estimation
    $520,000
    Location Intelligence
    Property ID
    US13-1370823
    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

    • Hotels

    Property Details for 249 State Hwy 285

    Year built
    2007
    Lot size
    2.05 lot acres
    Property size
    27,488 SF
    Property type
    Hotels
    APN
    R0045538
    APU
    R0045538

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fairplay
    County
    Park
    State
    Colorado
    Longitude
    -105.993
    Latitude
    39.2177
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    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
    $42,594
    $67,199
    $591,320
    $658,519
    -
    $231,722
    $2,039,034
    $2,270,756

    Comparable in this City

    • Value Estimation
      $710,000
      6,685 SF

      531 Frnt St

      HOTEL • 6,685 SF
      531 Frnt St, Fairplay, CO 80440-5001
      View Details
    • Value Estimation
      $450,000
      14,040 SF

      500 Main St

      HOTEL • 14,040 SF
      500 Main St, Fairplay, CO 80440
      View Details
    • Value Estimation
      $950,000
      13,293 SF

      490 Us Hwy 285

      MOTEL • 13,293 SF
      490 Us Hwy 285, Fairplay, CO 80440-5429
      View Details
    • Value Estimation by Request
      2,028 SF

      48 Platte Dr

      Commercial real estate • 2,028 SF
      48 Platte Dr, Fairplay, CO 80440
      View Details
    • Value Estimation by Request
      5,302 SF

      550 Castello Ave

      Residential income properties • 5,302 SF
      550 Castello Ave, Fairplay, CO 80440
      View Details
    • Value Estimation by Request
      2,016 SF

      1507 County Rd 16

      OFFICE BUILDING • 2,016 SF
      1507 County Rd 16, Fairplay, CO 80440
      View Details

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    • $98,000

      46 Acres Overlooking Antero Reservoir

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      Ranch Land in Fairplay, Colorado

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    249 State Hwy 285
    Fairplay, CO 80440
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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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