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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Hotels
350 Carr Ave Cripple Creek, CO 80813-5062
Entity Owned
22-yr Hold
Absentee Owner
Property ID
US13-0769012
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1907
Total area
15,350 SF
Lot
0.28 ac (12,284 SF)
Zoning code
CCK
APN
4005.134390010
UPID
US13-0769012
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$775k
Owner & transaction history
Carr Manor LLC · 22 yrs held
Carr Manor LLC
since 2004
3 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$50 / 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
$4,824
Tax year 2023
Assessed value
$442,110
Assessed 2023
Previous assessed
$442,110
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$48,280
Assessed improvement
$393,830
Land market value
$184,260
Improvement market value
$1,535,000
Total market value
$1,719,260
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
1907
Heating
ELECTRIC
Buildings
2
Stories
2
Rooms
15
Total area
15,350 SF
Lot
0.28 ac (12,284 SF)
Zoning code
CCK
APN
4005.134390010
UPID
US13-0769012
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.
Building & site characteristics
From public records
Year built
1907
Heating
ELECTRIC
Stories
2
Buildings
2
Rooms
15
Lot
0.28 ac
Current owner
From public records · entity-resolved
Carr Manor LLC
Entity
Mailing address
1980 FESTIVAL PLZ DR STE #680, LAS VEGAS, NV 89135-2958
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
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
Feb 20, 2004
$200,000
Carr Manor LLC
Heyliger Corp
Warranty Deed
—
—
—
Carr Manor LLC
—
Deed Of Trust
related
$600,000 · Park St Bk/main Off
—
—
Carr Manore LLC
—
Loan Modification
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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