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    Property profile & analytics

    611 3rd Std Crested Butte, CO 81224-5420

    • Turn key restaurants
    • 501 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US13-1055493
    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

    • Turn key restaurants

    Property Details for 611 3rd Std

    Year built
    1977
    Property size
    501 SF
    Property type
    Turn key restaurants
    APN
    325503156020
    APU
    325503156020

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Crested Butte
    County
    Gunnison
    State
    Colorado
    Longitude
    -106.986
    Latitude
    38.8674

    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
    $1,251
    $0.00
    $18,240
    $18,240
    -
    $0.00
    $95,370
    $95,370

    Comparable in this City

    • Value Estimation
      $765,000
      2,350 SF

      228 Elcho Ave, Unit A

      RESTAURANT • 2,350 SF
      228 Elcho Ave, Crested Butte, CO 81224-8003
      View Details
    • Value Estimation
      $395,000
      749 SF

      127 Elk Ave

      RESTAURANT • 749 SF
      127 Elk Ave, Crested Butte, CO 81224-5008
      View Details
    • Value Estimation
      $2,555,000
      3,543 SF

      209 Elk Ave

      RESTAURANT • 3,543 SF
      209 Elk Ave, Crested Butte, CO 81224-9608
      View Details
    • Value Estimation
      $1,755,000
      439 SF

      307 6th Stc

      RESTAURANT • 439 SF
      307 6th Stc, Crested Butte, CO 81224-5671
      View Details
    • Value Estimation
      $1,230,000
      997 SF

      311 Elk Ave, Unit 1E

      RESTAURANT • 997 SF
      311 Elk Ave, Crested Butte, CO 81224-9407
      View Details
    • Value Estimation by Request
      254 SF

      218 Maroon Aved

      RESTAURANT • 254 SF
      218 Maroon Aved, Crested Butte, CO 81224-5463
      View Details

    Similar Nearby for Sale

    • $1,400,000
      2,350 SF

      Restaurant and Gas Station Opportunity

      Restaurant, convenience store, and gas station in Crested Butte, Colorado.
      228 Elcho Ave, Crested Butte, CO 81224
      View Details
    • New
      $1,350,000
      2,099 SF

      Mixed-Use Property in Crested Butte

      Multi-use property with retail and residential space in prime location.
      428 Elk Ave, Crested Butte, CO 81224
      View Details
    • $400,000
      437 SF

      Crested Butte Storefront - $400K

      Thriving Floral Shop, Prime Location
      717 6 St, Crested Butte, CO 81224
      View Details
    • $775,000
      1,347 SF

      Mixed-Use Property in Crested Butte

      Commercial space with rental condo near Belleview Avenue.
      611 3 St, Crested Butte, CO 81224
      View Details
    • $507,000
      564 SF

      Retail/Commercial Unit in Crested Butte

      564 SF retail/commercial unit in the heart of Crested Butte.
      309 Belleview - #1-A, Crested Butte, CO 81224
      View Details
    • $530,000
      573 SF

      Retail Unit in Prime Location

      573 SF retail unit in the heart of Crested Butte.
      309 Belleview - #1-B, Crested Butte, CO 81224
      View Details
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    Crested Butte, CO 81224-5420
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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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