Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Hotels
48074 Us Hwy 160 Bayfield, CO 81122-9609
Individually Owned
6-yr Hold
Free & Clear
Property ID
US13-0389360
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1972
Total area
3,502 SF
Lot
3.02 ac (131,551 SF)
APN
5679-223-01-008
UPID
US13-0389360
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
$699k
Blend (final)
Blend
$720k
Owner & transaction history
Alaric Hutchinson · 6 yrs held
Alaric Hutchinson
since 2019
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 Bayfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bayfield 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$720k
Range $648k – $792k · ±10%
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
$206 / 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
$3,421
Tax year 2023
Assessed value
$55,430
Assessed 2023
Previous assessed
$57,170
-3.0% YoY
Effective rate
6.17%
On assessed value
Assessed land
$28,980
Assessed improvement
$26,450
Land market value
$103,870
Improvement market value
$94,810
Total market value
$198,680
Applied tax rate
2,219.0000
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
1972
Heating
FORCED AIR
Stories
2
Units
4
Bathrooms
5
Total area
3,502 SF
Lot
3.02 ac (131,551 SF)
APN
5679-223-01-008
UPID
US13-0389360
Jurisdiction
LA PLATA
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
1972
Heating
FORCED AIR
Stories
2
Units
4
Bathrooms
5
Lot
3.02 ac
Current owner
From public records · entity-resolved
Alaric Hutchinson
Individual
Free & Clear · 6 yrs held
Mailing address
PO BOX 991, BAYFIELD, CO 81122-0991
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2021
—
Alaric Hutchinson
—
Deed
related
$310,000 · Ken & Doreen Hutchinson
Dec 6, 2019
$445,000
Alaric Hutchinson
Harris D Murphy
Warranty Deed
—
Mar 4, 2013
$99,500
Harris D Murphy
Federal Natl Mtg Assn Fnma
Grant Deed
—
Nov 16, 2010
—
Michael R Attebery
Public Trustee Of La Plata County
Trustees Deed
related
—
Oct 28, 2010
$319,908
Onewest Bk Fsb
Public Trustee Of La Plata County
Certificate Of Purchase
related
$312,000
Jun 1, 2001
$140,000
Allison A Craig
First Union Natl Bank Trustee
Grant Deed
$162,039 · Pine River Valley Bank
—
—
Michael R Attebery
—
Deed Of Trust
related
$312,000 · Quicken Loans INC
—
—
Alison A Craig
—
Deed Of Trust
related
$218,440 · Animas Mountain Mortgage
—
—
Michael R Attebery
—
Deed Of Trust
related
$48,750 · Wmc Mortgage Corp
—
—
Michael R Attebery
—
Deed Of Trust
related
$243,750 · Wmc Mortgage Corp
—
—
Alaric Hutchinson
—
Deed Of Trust
related
$310,000 · Ken & Doreen Hutchinson
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 48074 Us Hwy 160?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
