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Property profile & analytics
FOR SALE
Hotels
48246 Us Highway 160 Bayfield, CO 81122
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-1684228
For Sale
1 / 44
$815,000
48246 Us Highway 160, Bayfield, CO 81122
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1984
Total area
688 SF
Lot
7.11 ac (309,712 SF)
APN
5679-223-01-009
UPID
US13-1684228
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
$686k
Blend (final)
Blend
$630k
Owner & transaction history
Jordan Mast · 1 yrs held
Jordan Mast
since 2025
Last sale
$600,000
5 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
$630k
Range $567k – $693k · ±10% · vs last sale $600k (Mar 30 2025)
Last sale anchor
$600k
Mar 30 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
$916 / 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
$6,395
Tax year 2023
Assessed value
$103,620
Assessed 2023
Previous assessed
$98,930
+4.7% YoY
Effective rate
6.17%
On assessed value
Assessed land
$87,890
Assessed improvement
$15,730
Land market value
$315,020
Improvement market value
$56,370
Total market value
$371,390
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
For Sale
Year built
1984
Heating
RADIANT
Stories
1
Units
1
Bathrooms
0
Total area
688 SF
Lot
7.11 ac (309,712 SF)
APN
5679-223-01-009
UPID
US13-1684228
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
1984
Heating
RADIANT
Stories
1
Units
1
Bathrooms
0
Lot
7.11 ac
Current owner
From public records · entity-resolved
Jordan Mast
Individual
Mailing address
PO BOX 991, BAYFIELD, CO 81122-0991
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2025
$600,000
Jordan Mast
Alaric Hutchinson
Warranty Deed
$500,000 · Jordan Mast Etal
May 6, 2021
—
Alaric Hutchinson
—
Deed
related
$310,000 · Ken & Doreen Hutchinson
Dec 6, 2019
$445,000
Alaric Hutchinson
Harris D Murphy
Warranty Deed
—
Dec 20, 2012
$130,000
Duane Murphy Harris
David R Griggs
Warranty Deed
$104,000 · Pentagon FCU
—
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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