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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Bed & breakfasts
59786 Us Hwy 285 Bailey, CO 80421-5058
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-1195788
Property profile
Verified
Property type
Bed & breakfasts
Use group
BED & BREAKFAST
Year built
1989
Construction
FRAME
Total area
2,446 SF
Lot
2.25 ac (98,010 SF)
APN
R0018777
UPID
US13-1195788
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
-
Two Bridges Lodge Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$745k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$725k
Owner & transaction history
Two Bridges Lodge LLC · 4 yrs held
Two Bridges Lodge LLC
since 2021
Last sale
$725,000
7 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 Bailey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bailey 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
$720,000
ML approach
$745,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$600,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$470,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$725k
Range $653k – $798k · ±10% · vs last sale $725k (Dec 27 2021)
Last sale anchor
$725k
Dec 27 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
$296 / 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
$8,087
Tax year 2023
Assessed value
$197,820
Assessed 2023
Previous assessed
$197,820
+0.0% YoY
Effective rate
4.09%
On assessed value
Assessed land
$59,647
Assessed improvement
$138,173
Land market value
$205,678
Improvement market value
$476,458
Total market value
$682,136
Applied tax rate
6.0000
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
Bed & breakfasts
Use group
BED & BREAKFAST
Status
Off-Market
Year built
1989
Construction
FRAME
Heating
NONE
Buildings
2
Stories
1
Rooms
14
Bathrooms
4
Total area
2,446 SF
Lot
2.25 ac (98,010 SF)
APN
R0018777
UPID
US13-1195788
Jurisdiction
PARK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$600,000
RETAIL STORES
Est. value
$470,000
OFFICE BUILDING
RETAIL STORES
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
1989
Construction
FRAME
Heating
NONE
Stories
1
Buildings
2
Rooms
14
Bathrooms
4
Lot
2.25 ac
Current owner
From public records · entity-resolved
Two Bridges Lodge LLC
Entity
Mailing address
3380 COUNTY RD 72, BAILEY, CO 80421-2133
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2021
$725,000
Two Bridges Lodge LLC
William H Kulenburg
Warranty Deed
$622,500 · Loanleaders Of America INC
Dec 2, 2021
—
Tbjp 52 LLC
John Matteson
Quit Claim Deed
related
—
Dec 1, 2021
—
Tbjp 52 LLC
John Matteson
Quit Claim Deed
related
—
Sep 30, 2005
$519,000
William H Kulenburg
Gill,ted M
Warranty Deed
$415,200 · Colonial National Mortgage
Feb 2, 1999
$300,000
Ted M Gill
Newell,norman J
Grant Deed
$240,000 · Englewood Mortgage Corp
—
—
Norman J Newell
—
Deed Of Trust
related
$175,657 · Norwest Bank Colorado
—
—
T Gill
—
Deed Of Trust
related
$252,000 · Pacific Republic Mortgage Corp
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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