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Property profile & analytics

37 Dripping Spgs Ln Drake, CO 80515-9753

  • Hotels
  • 1,708 SF
  • 0.25 lot acres
OFF-MARKET
Value Estimation
$2,100,000
Last Sale
Dec 22, 2020
$2,000,000
Location Intelligence
Property ID
US13-2369144
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 37 Dripping Spgs Ln

Year built
1939
Construction
FRAME
Lot size
0.25 lot acres
Property size
1,708 SF
Property type
Hotels
Property subtype
Motels
APN
25211-06-012
APU
2521106012

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $2,165,000
  • CAP approach

    CAP return
    Estimation
    6%
    $1,935,000
    6.5%
    $2,060,000
    7%
    $1,835,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,940,000
    Geo Method
    $1,930,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $1,825,000
    Retail
    $1,570,000
    Mixed-Use
    $1,760,000
    Hospitality
    $2,115,000
    Educational
    $1,850,000
    Residential Income
    $1,920,000
    Energy
    $1,875,000
    Income-Based Land
    $2,020,000
    Food Service
    $1,650,000

Location Insight

  • Map
  • Local Demand
City
Drake
County
Larimer
State
Colorado
Longitude
-105.466
Latitude
40.3901
CBSA code
22660
CBSA name
FORT COLLINS-LOVELAND, 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
$2,875
$2,257
$51,103
$53,360
-
$26,400
$278,300
$304,700
More about this property
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