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    Property profile & analytics

    517 2nd St Crested Butte, CO 81224-5403

    • Investment properties
    • 502 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    $515,000
    Location Intelligence
    Property ID
    US13-1361940
    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

    • Investment properties

    Property Details for 517 2nd St

    Year built
    1971
    Lot size
    0.22 lot acres
    Property size
    502 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    325503154018
    APU
    325503154018

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Crested Butte
    County
    Gunnison
    State
    Colorado
    Longitude
    -106.988
    Latitude
    38.8682

    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
    $17,025
    $81,600
    $163,000
    $244,600
    -
    $381,560
    $1,077,490
    $1,459,050

    Comparable in this City

    • Value Estimation
      $870,000
      1,440 SF

      81 Gillaspey Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,440 SF
      81 Gillaspey Ave, Crested Butte, CO 81224-9617
      View Details
    • Value Estimation by Request
      772 SF

      21946 State Hwy 135

      OFFICE/RESIDENTIAL (MIXED USE) • 772 SF
      21946 State Hwy 135, Crested Butte, CO 81224
      View Details
    • Value Estimation
      $575,000
      512 SF

      611 4th St

      OFFICE/RESIDENTIAL (MIXED USE) • 512 SF
      611 4th St, Crested Butte, CO 81224-5426
      View Details
    • Value Estimation
      $195,000
      1,512 SF

      733 Riverland Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 1,512 SF
      733 Riverland Dr, Crested Butte, CO 81224-9657
      View Details
    • Value Estimation
      $300,000
      1,529 SF

      296 Buckley Dra

      OFFICE/RESIDENTIAL (MIXED USE) • 1,529 SF
      296 Buckley Dra, Crested Butte, CO 81224-9654
      View Details
    • Value Estimation
      $445,000
      1,176 SF

      719 5th St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,176 SF
      719 5th St, Crested Butte, CO 81224-5487
      View Details

    Similar Nearby for Sale

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      Rare commercial parcel with runway access and residential use.
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      Versatile mixed-use property with office spaces and residential condo in Crested Butte.
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    517 2nd St
    Crested Butte, CO 81224-5403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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