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Property profile & analytics
OFF-MARKET
Estimated value
$1,280,000
Office buildings
422 Pagosa St Pagosa Springs, CO 81147-9955
Entity Owned
1-yr Hold
Property ID
US13-1960794
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Total area
10,170 SF
Lot
0.22 ac (9,583 SF)
Zoning code
MIXED-USE TOWN CENTER
APN
569913304041
UPID
US13-1960794
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
-
Sonrisas Spanish (Bike/Boat/Book/etc) Store
-
AdWorks Marketing & Advertising Advertising Agency
-
Mountain Mama Massage Alternative Medicine Practice Spa & Massage Center
-
Special Olympics Colorado Social Service Agency Charitable Organization
-
Payton Lynn Photo Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.71M
Blend (final)
Blend
$1.28M
Owner & transaction history
Pagosa Hotel LLC · 1 yrs held
Pagosa Hotel LLC
since 2025
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
MIXED-USE TOWN CENTER · Pagosa Springs, 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 Pagosa Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pagosa Springs 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
$1,380,000
ML approach
$1,315,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.28M
Range $1.15M – $1.41M · ±10% · vs last sale $1.05M (Mar 4 2025)
Last sale anchor
$1.05M
Mar 4 2025
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
$126 / 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
$7,826
Tax year 2023
Assessed value
$134,010
Assessed 2023
Previous assessed
$134,010
+0.0% YoY
Effective rate
5.84%
On assessed value
Assessed improvement
$134,010
Improvement market value
$732,480
Total market value
$732,480
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1900
Heating
HOT WATER
Buildings
3
Stories
2
Bathrooms
1
Total area
10,170 SF
Lot
0.22 ac (9,583 SF)
Zoning code
MIXED-USE TOWN CENTER
APN
569913304041
UPID
US13-1960794
Jurisdiction
ARCHULETA
Zoning & alternative use
MIXED-USE TOWN CENTER · Pagosa Springs, CO
Zoning MIXED-USE TOWN CENTER · permitted uses
MIXED-USE TOWN CENTER · Pagosa Springs, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pagosa Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
HOT WATER
Stories
2
Buildings
3
Bathrooms
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Pagosa Hotel LLC
Entity
Mailing address
PO BOX 3129, PAGOSA SPRINGS, CO 81147-3129
Ownership since
2025
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
Mar 6, 2025
—
Pagosa Hotel LLC
—
Deed
related
$600,000 · First Southwest Bank
Mar 4, 2025
$1,050,000
Pagosa Hotel LLC
Metropolitan Hotel Pagosa LLC
Warranty Deed
$600,000 · First Southwest Bank
Mar 4, 2025
—
Metropolitan Hotel Pagosa LLC
—
Deed
related
$1,050,000 · Ciera Bank A Texas State Financial Insti
Mar 22, 2021
—
Metropolitan Hotel Pagosa LLC
—
Deed
related
$55,000 · First Southwest Community Fund
Sep 22, 2020
$800,000
Metropolitan Hotel Pagosa LLC
Danny Wood
Special Warranty Deed
$600,000 · First Southwest Bank
Apr 18, 2016
—
Danny Wood
Danny Wood
Intrafamily Transfer
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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