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    7700 Trappers Lake Rd Meeker, CO 81641
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    7700 Trappers Lake Rd Meeker, CO 81641

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    • Commercial real estate
    • 3,852 SF
    For Sale
    $1,750,000
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    Wilderness Lodge and Outfitting Business For Sale
    $1,750,000
    11.40 Acres

    Wilderness Lodge and Outfitting Business

    Historic Colorado wilderness lodge and outfitting business for sale.

    7700 Trappers Lake Rd, Meeker, CO 81641
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    Property ID
    US13-0630778
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Trappers Lake Lodge / Vacation Rental
    • The General Store at Trappers Lake Lodge / Department Store / Grocery & Convenience Store
    • The Lodge at Trappers Lake Lodge / Restaurant
    • Elkhuntinginformation / Association Or Organization

    Property Details for 7700 Trappers Lake Rd

    Year built
    2002
    Construction
    METAL FRAME
    Property size
    3,852 SF
    Property type
    Commercial real estate
    APN
    161302100001
    APU
    161302100001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Meeker
    County
    Garfield
    State
    Colorado
    Longitude
    -107.232
    Latitude
    40.0036
    CBSA code
    24060
    CBSA name
    GLENWOOD SPRINGS, CO MICROPOLITAN STATISTICAL AREA

    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
    $8,182
    $0.00
    $196,410
    $196,410
    -
    $0.00
    $905,430
    $905,430

    Comparable in this City

    • Value Estimation by Request
      1,648 SF

      272 Market St

      COMMERCIAL (GENERAL) • 1,648 SF
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    • Value Estimation by Request
      954 SF

      1163 Market St

      COMMERCIAL (GENERAL) • 954 SF
      1163 Market St, Meeker, CO 81641-3435
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    • Value Estimation
      $3,355,000
      39,387 SF

      455 Main St

      COMMERCIAL (GENERAL) • 39,387 SF
      455 Main St, Meeker, CO 81641
      View Details
    • Value Estimation by Request
      3,292 SF

      20474 County Rd 8th 8

      COMMERCIAL (GENERAL) • 3,292 SF
      20474 County Rd 8th 8, Meeker, CO 81641-9237
      View Details
    • Value Estimation
      $560,000
      16,004 SF

      43896 Hwy 13

      COMMERCIAL (GENERAL) • 16,004 SF
      43896 Hwy 13, Meeker, CO 81641-9638
      View Details
    • Value Estimation
      $2,220,000
      31,328 SF

      220 Market St

      COMMERCIAL (GENERAL) • 31,328 SF
      220 Market St, Meeker, CO 81641-9652
      View Details

    Similar Nearby for Sale

    • $650,000
      50,952 SF

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      Commercial real estate • 50,952 SF
      1085 Market St, Meeker, CO 81641
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    • $160,000
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      Downtown Meeker Commercial Building

      Versatile commercial building in downtown Meeker, suitable for various uses.
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    • $1,300,000
      614 SF

      Adams Lodge Outfitters Legacy

      Iconic outfitting business near White River National Forest.
      6398 County Road 4, Meeker, CO 81641
      View Details
    • Contact for pricing

      Land with River and Valley Views

      Land with private access to rivers, hunting, and club amenities.
      County Road 54, Meeker, CO 81641
      View Details
    • $140,000
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      Spacious Vacant Lot in Meeker

      Large 1.62-acre lot near amenities in Meeker, Colorado.
      Meeker, CO 81641
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    • $99,000
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      Residential Land with Valley Views

      3.28-acre residential lot near Meeker with utilities access.
      1200 Flag Creek Dr, Meeker, CO 81641
      View Details
    View Listing
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    Meeker, CO 81641
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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