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Property profile & analytics
OFF-MARKET
Estimated value
$3,305,000
Motels
519 Vlg Dr Pagosa Springs, CO 81147-9397
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-1934651
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1995
Total area
48,042 SF
Lot
4.12 ac (179,467 SF)
Zoning code
MIXED-USE TOWN CENTER
APN
569921223001
UPID
US13-1934651
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
-
Pagosa Springs Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.31M
Owner & transaction history
Pagosa Springs Apartments LLC · 4 yrs held
Pagosa Springs Apartments LLC
since 2021
Last sale
$3.3M
3 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
$3,290,000
ML approach
$3,215,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,525,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$3.31M
Range $2.97M – $3.64M · ±10% · vs last sale $3.31M (Nov 16 2021)
Last sale anchor
$3.31M
Nov 16 2021
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
$69 / 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
$12,968
Tax year 2023
Assessed value
$216,310
Assessed 2023
Previous assessed
$216,310
+0.0% YoY
Effective rate
6.00%
On assessed value
Assessed land
$33,760
Assessed improvement
$182,550
Land market value
$503,955
Improvement market value
$2,724,595
Total market value
$3,228,550
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1995
Heating
RADIANT
Stories
3
Total area
48,042 SF
Lot
4.12 ac (179,467 SF)
Zoning code
MIXED-USE TOWN CENTER
APN
569921223001
UPID
US13-1934651
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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$3.5M
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1995
Heating
RADIANT
Stories
3
Lot
4.12 ac
Current owner
From public records · entity-resolved
Pagosa Springs Apartments LLC
Entity
Mailing address
15954 JACKSON CRK PKWY STE B, MONUMENT, CO 80132-8532
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2021
$3,314,500
Pagosa Springs Apartments LLC
Chester J Pajak
Special Warranty Deed
$5,242,500 · The Eastern Colorado Bank
Nov 16, 2021
—
519 Village Drive LLC
—
Deed
related
$755,650 · C Stuart Sloat 3
Feb 25, 2020
—
Chester J Pajak
—
Deed
related
$850,000 · Tbk Bank Ssb
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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