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    Property profile & analytics

    523 Riverland Dr, Unit 3B Crested Butte, CO 81224-9835

    • Individual retail properties
    • 519 SF
    OFF-MARKET
    Value Estimation
    $225,000
    Last Sale
    Jan 13, 2022
    $225,000
    Location Intelligence
    Property ID
    US13-1395306
    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

    • Industry Hair Studio / Hair Salon
    • Mountain Home Building, CB Inc. / Home Builder
    • Hargrove & Kidd Construction Co Inc / Custom Home Builder
    • Iron Horse Property Management / Property Management Company / Vacation Home Rental Agency
    • Pando Telecom / Telecommunications Service Provider

    Property Details for 523 Riverland Dr

    Year built
    2001
    Property size
    519 SF
    Property type
    Individual retail properties
    APN
    325512030011
    APU
    325512030011

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $210,000

    • CAP approach

      CAP return
      Estimation
      6%
      $285,000
      6.5%
      $265,000
      7%
      $235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $295,000
      Geo Method
      $230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $230,000
      Retail
      $245,000
      Mixed-Use
      $250,000
      Hospitality
      $220,000
      Educational
      $275,000
      Residential Income
      $270,000
      Energy
      $290,000
      Income-Based Land
      $230,000
      Food Service
      $240,000

    Location Insight

    • Map
    • Local Demand
    City
    Crested Butte
    County
    Gunnison
    State
    Colorado
    Longitude
    -106.948
    Latitude
    38.847

    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
    $2,417
    $0.00
    $40,560
    $40,560
    -
    $0.00
    $175,360
    $175,360

    Comparable in this City

    • Value Estimation by Request
      1,058 SF

      311 6th Stb

      GYM, HEALTH SPA • 1,058 SF
      311 6th Stb, Crested Butte, CO 81224-5671
      View Details
    • Value Estimation
      $1,660,000
      2,735 SF

      123 Elk Ave, Unit 1

      GYM, HEALTH SPA • 2,735 SF
      123 Elk Ave, Crested Butte, CO 81224
      View Details
    • Value Estimation
      $210,000
      548 SF

      523 Riverland Dr, Unit 3A

      GYM, HEALTH SPA • 548 SF
      523 Riverland Dr, Crested Butte, CO 81224-9835
      View Details
    • Value Estimation
      $240,000
      570 SF

      523 Riverland Dr, Unit 3D

      GYM, HEALTH SPA • 570 SF
      523 Riverland Dr, Crested Butte, CO 81224-9835
      View Details
    • Value Estimation by Request
      237 SF

      510 Elk Ave, Unit 7

      RETAIL STORES (PERSONAL SERVICES) • 237 SF
      510 Elk Ave, Crested Butte, CO 81224-5433
      View Details
    • Value Estimation by Request
      155 SF

      218 Maroon Aveb

      RETAIL STORES (PERSONAL SERVICES) • 155 SF
      218 Maroon Aveb, Crested Butte, CO 81224-5463
      View Details

    Similar Nearby for Sale

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    • $1,400,000
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      Restaurant and Gas Station Opportunity

      Restaurant, convenience store, and gas station in Crested Butte, Colorado.
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    • New
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      428 Elk Ave, Crested Butte, CO 81224
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      573 SF retail unit in the heart of Crested Butte.
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      Crested Butte Retail/Office Unit

      820 SF retail/commercial unit in the heart of Crested Butte.
      309 Belleview - #1-C, Crested Butte, CO 81224
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    Crested Butte, CO 81224-9835
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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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