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    Property profile & analytics

    530 Grand Mesa Dr Cedaredge, CO 81413

    • Hotels
    • 14,028 SF
    • 1.05 lot acres
    For Sale
    View listing
    $1,400,000
    Value Estimation
    Last Sale
    Mar 05, 2024
    $1,400,000
    Location Intelligence
    Property ID
    US13-2142614
    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

    • Hotels

    Property Details for 530 Grand Mesa Dr

    Year built
    1996
    Construction
    FRAME
    Lot size
    1.05 lot acres
    Property size
    14,028 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    319329200033
    APU
    319329200033

    Description

    This exceptional 15,228 square foot facility presents a unique investment opportunity in the charming town of Cedaredge, Colorado. Situated on a 1.05-acre lot, this well-maintained property enjoys a prime location near the majestic Grand Mesa. The hotel boasts 30 guest rooms and an impressive 32 bathrooms, providing ample accommodation for a variety of guests. Recent renovations have significantly enhanced the guest experience, including a completely remodeled indoor pool and hot tub, perfect for relaxation after a day of exploring the surrounding area. Further enhancing convenience for guests, new vending machines and an on-site guest laundry are available. The property's inviting atmosphere and close proximity to the Grand Mesa make it an ideal destination for tourists and travelers seeking a comfortable and memorable stay. This turnkey operation offers significant potential for continued success and growth within a thriving community. The property's size and amenities make it suitable for a variety of uses, presenting a compelling investment opportunity for discerning buyers. The exceptional condition and recent upgrades ensure a smooth transition for new ownership, minimizing immediate capital expenditures. This is a rare opportunity to acquire a well-established and profitable hotel in a desirable mountain location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,400,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,495,000
      6.5%
      $1,400,000
      7%
      $1,300,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,385,000
      Geo Method
      $1,360,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,420,000
      Retail
      $1,425,000
      Mixed-Use
      $1,540,000
      Hospitality
      $1,530,000
      Educational
      $1,355,000
      Residential Income
      $1,455,000
      Energy
      $1,240,000
      Income-Based Land
      $1,485,000
      Food Service
      $1,325,000

    Location Insight

    • Map
    • Local Demand
    City
    Cedaredge
    County
    Delta
    State
    Colorado
    Longitude
    -107.927
    Latitude
    38.8957

    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
    $22,332
    $25,575
    $315,542
    $341,117
    -
    $92,528
    $1,141,454
    $1,233,982

    Comparable in this City

    • Value Estimation
      $425,000
      2,280 SF

      24155 Hwy 65

      HOTEL/MOTEL • 2,280 SF
      24155 Hwy 65, Cedaredge, CO 81413
      View Details
    • Value Estimation
      $440,000
      4,494 SF

      885 Grand Mesa Dr, Unit A

      HOTEL/MOTEL • 4,494 SF
      885 Grand Mesa Dr, Cedaredge, CO 81413-4023
      View Details
    • Value Estimation
      $565,000
      5,665 SF

      21161 Baron Lk Dr

      HOTEL/MOTEL • 5,665 SF
      21161 Baron Lk Dr, Cedaredge, CO 81413-8253
      View Details
    • Value Estimation
      $355,000
      2,021 SF

      19991 Hwy 65

      HOTEL/MOTEL • 2,021 SF
      19991 Hwy 65, Cedaredge, CO 81413-8241
      View Details
    • Value Estimation by Request
      760 SF

      18336 2550th Rd

      HOTEL/MOTEL • 760 SF
      18336 2550th Rd, Cedaredge, CO 81413-8141
      View Details
    • Value Estimation
      $415,000
      2,880 SF

      21648 High Park Rd

      HOTEL/MOTEL • 2,880 SF
      21648 High Park Rd, Cedaredge, CO 81413
      View Details

    Similar Nearby for Sale

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      Residential Land in Cedaredge, CO

      1.98 acre residential lot with mountain views near Cedaredge.
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    • $325,000
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      View Details
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    Cedaredge, CO 81413
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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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