Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    302 Lena St, Unit 303 Ridgway, CO 81432-9337

    • Hotels
    • 581 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US13-1373279
    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 302 Lena St

    Year built
    1997
    Property size
    581 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    430516301025
    APU
    430516301025

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ridgway
    County
    Ouray
    State
    Colorado
    Longitude
    -107.756
    Latitude
    38.1488
    CBSA code
    33940
    CBSA name
    MONTROSE, CO MICROPOLITAN 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
    $858
    $0.00
    $17,720
    $17,720
    -
    $0.00
    $63,520
    $63,520

    Comparable in this City

    • Value Estimation
      $2,080,000
      2,541 SF

      304 Lena St

      HOTEL/MOTEL • 2,541 SF
      304 Lena St, Ridgway, CO 81432-9337
      View Details
    • Value Estimation
      $2,120,000
      4,240 SF

      Ridgway, CO 81432

      HOTEL/MOTEL • 4,240 SF
      Ridgway, CO 81432
      View Details
    • Value Estimation by Request
      543 SF

      Ridgway, CO 81432

      HOTEL/MOTEL • 543 SF
      Ridgway, CO 81432
      View Details
    • Value Estimation
      $8,535,000
      23,100 SF

      373 Palomino Trl

      HOTEL/MOTEL • 23,100 SF
      373 Palomino Trl, Ridgway, CO 81432-9216
      View Details
    • Value Estimation
      $1,890,000
      4,409 SF

      Ridgway, CO 81432

      HOTEL/MOTEL • 4,409 SF
      Ridgway, CO 81432
      View Details
    • Value Estimation by Request
      532 SF

      Ridgway, CO 81432

      HOTEL/MOTEL • 532 SF
      Ridgway, CO 81432
      View Details

    Similar Nearby for Sale

    • $2,000,000
      9,870 SF

      Ridgway Industrial Building - Prime Location

      9,870 sq ft, I-2 zoned, ideal for manufacturing.
      687 Cora St, Ridgway, CO 81432
      View Details
    • $875,000
      3,015 SF

      Ridgway Commercial Building - Prime Location

      Historic Restaurant, Endless Potential
      220 Lena St, Ridgway, CO 81432
      View Details
    • $325,000
      3.02 Acres

      Ridgway Residential Land with Views

      3-acre homesite with utilities, paid water tap, and mountain views.
      Tbd Ponderosa Dr, Ridgway, CO 81432
      View Details
    • $395,000
      2.21 Acres

      Ridgway Valley View Residential Land

      Exceptional parcel with panoramic views and readily available utilities.
      818 Pine Dr, Ridgway, CO 81432
      View Details
    • $350,000
      3,368 SF

      Iconic Restaurant Business Opportunity

      Thriving, turnkey restaurant for sale in Ridgway, Colorado.
      123 N Lena St, Ridgway, CO 81432
      View Details
    • $1,200,000
      35.00 Acres

      35-Acre Ridgway Horse Property

      Horse-friendly land with mountain views near Ridgway, Ouray, and Telluride.
      361 Golden Ridge Dr, Ridgway, CO 81432
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    302 Lena St, Unit 303
    Ridgway, CO 81432-9337
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.