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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Hotels
426 Main St Ouray, CO 81427
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-1742554
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1890
Total area
7,236 SF
Lot
0.27 ac (11,661 SF)
APN
451531212009
UPID
US13-1742554
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
$735k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$810k
Owner & transaction history
Elmo Propco LLC · 1 yrs held
Elmo Propco LLC
since 2025
Last sale
$855,000
7 recorded transactions
Zoning & alternative use
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 Ouray submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ouray 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
$790,000
ML approach
$735,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$810k
Range $729k – $891k · ±10% · vs last sale $855k (Mar 20 2023)
Last sale anchor
$855k
Mar 20 2023
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
$112 / 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
$23,158
Tax year 2023
Assessed value
$401,520
Assessed 2023
Previous assessed
$401,520
+0.0% YoY
Effective rate
5.77%
On assessed value
Assessed land
$167,970
Assessed improvement
$233,550
Land market value
$627,060
Improvement market value
$941,860
Total market value
$1,568,920
Applied tax rate
101.0000
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
1890
Heating
BASEBOARD
Buildings
3
Stories
2
Units
9
Total area
7,236 SF
Lot
0.27 ac (11,661 SF)
APN
451531212009
UPID
US13-1742554
Jurisdiction
OURAY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1890
Heating
BASEBOARD
Stories
2
Buildings
3
Units
9
Lot
0.27 ac
Current owner
From public records · entity-resolved
Elmo Propco LLC
Entity
Mailing address
PO BOX 622, OURAY, CO 81427-0622
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2026
—
Elmo Propco LLC
—
Deed
related
$230,000
Feb 25, 2026
—
Elmo Propco LLC
—
Deed
related
$580,000 · Citizens State Bank
Jun 9, 2025
$3,000,000
Elmo Propco LLC
Baggett Jd
Warranty Deed
$100,000 · Wayne Opps LLC
Apr 24, 2023
—
J D Baggett
—
Deed
related
$150,000 · Alpine Bank
Mar 20, 2023
—
J D Baggett
St Elmo LLC
Quit Claim Deed
related
$600,000 · Alpine Bank
Feb 21, 2023
—
J D Baggett
—
Deed
related
$600,000 · Alpine Bank
Feb 1, 2023
—
St Elmo LLC
J D Baggett
Quit Claim Deed
related
—
May 4, 2020
—
J D Baggett
—
Deed
related
$40,000 · Alpine Bank
Aug 5, 2014
$855,000
J D Baggett
Daniel J Lingenfleter JR
Warranty Deed
$598,500 · Alpine Bank
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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