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Property profile & analytics
OFF-MARKET
Estimated value
$8,955,000
Hotels
601 Galena Ave Cripple Creek, CO 80813-5251
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-0583736
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1993
Total area
32,564 SF
Lot
6.49 ac (282,704 SF)
Zoning code
CCK
APN
4005.131330020
UPID
US13-0583736
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.84M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.96M
Owner & transaction history
Gncc LLC · 3 yrs held
Gncc LLC
since 2022
Last sale
$9.0M
6 recorded transactions
Zoning & alternative use
CCK · Cripple Creek, 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 Cripple Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cripple Creek 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
$8,470,000
ML approach
$8,840,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.96M
Range $8.06M – $9.85M · ±10% · vs last sale $9.01M (Dec 2 2022)
Last sale anchor
$9.01M
Dec 2 2022
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
$275 / 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
$11,556
Tax year 2023
Assessed value
$1,052,430
Assessed 2023
Previous assessed
$1,052,430
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$492,970
Assessed improvement
$559,460
Land market value
$1,766,903
Improvement market value
$2,035,250
Total market value
$3,802,153
Applied tax rate
40.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1993
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
3
Rooms
67
Total area
32,564 SF
Lot
6.49 ac (282,704 SF)
Zoning code
CCK
APN
4005.131330020
UPID
US13-0583736
Jurisdiction
TELLER
Zoning & alternative use
CCK · Cripple Creek, CO
Zoning CCK · permitted uses
CCK · Cripple Creek, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cripple Creek. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Heating
PACKAGE
Cooling
Yes
Stories
3
Buildings
2
Rooms
67
Lot
6.49 ac
Current owner
From public records · entity-resolved
Gncc LLC
Entity
Mailing address
1510 WW LOOP S, HOUSTON, TX 77027-9505
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2022
$9,013,900
Gncc LLC
Cripple Creek Hospitality LLC
Special Warranty Deed
—
Sep 18, 2019
$750,000
Cripple Creek Hospitality LLC
Store Cap Acquisitions LLC
Grant Deed
—
Jan 17, 2014
—
Store Capital Acquisitions LLC
American Gaming Hospitality Ll
Warranty Deed
—
Feb 28, 2007
—
Gold King LP Rlllp
Pioneer Group INC
Quit Claim Deed
related
—
Feb 28, 2007
$4,000,000
American Gaming Hospitality LLC
Gold King LP Rlllp
Warranty Deed
$3,250,000 · Guggenheim Corporate Funding LLC
—
—
King Gold
—
Deed Of Trust
related
$1,752,234 · Community Banks Of Colorado
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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