Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    910 Tomichi Ave Gunnison, CO 81230-2018
    Back to Search
    Property profile & analytics

    910 Tomichi Ave, Gunnison, CO 81230-2018

    View on Map
    • Hotels
    • 67,817 SF
    • 5.11 lot acres
    Off-Market
    Property ID
    US13-1428075
    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
    $690,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Holiday Inn Express & Suites Gunnison, an IHG Hotel / Hotel & Motel

    Property Details for 910 Tomichi Ave

    Year built
    2005
    Lot size
    5.11 lot acres
    Property type
    Hotels
    Property subtype
    Motels
    APN
    370136007001
    APU
    370136007001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 4, 2009 — Pennbridge Gunnison 1 LLC Pennbridge Capital LLC Intrafamily Transfer · related —
    Apr 20, 2009 $87,500 Pennbridge Gunnison 10 LLC Pennbridge Gunnison 9 LLC Warranty Deed —
    Jul 17, 2008 $1,138,200 Pennbridge Gunnison 17 LLC Pennbridge Gunnison S LLC Warranty Deed —
    Jul 17, 2008 — Pennbridge Gunnisons LLC Pennbridge Gunnison LLC Warranty Deed —
    Jul 8, 2008 $6,243,200 Pennbridge Gunnison S LLC Pennbridge Gunnisons LLC Warranty Deed —
    Jun 6, 2008 $3,950,000 Pennbridge Gunnison 1 LLC Pennbridge Gunnison S LLC Warranty Deed —
    Apr 17, 2008 $8,939,500 Pennbridge Gunnison H LLC Teco Corp Warranty Deed —
    Sep 7, 2005 $2,765,000 Teco Corporation Tomichi Landmark No 2 LLC Warranty Deed $841k · Tomichi Landmark No 2 LLC

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $690,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Gunnison
    County
    Gunnison
    State
    Colorado
    Longitude
    -106.915
    Latitude
    38.5451

    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
    $162,148
    $519,950
    $2,666,910
    $3,186,860
    -
    $1,896,420
    $9,664,700
    $11,561,120

    Comparable in this City

    • Value Estimation by Request
      16,255 SF

      37760 Us-50

      Motels
      37760 Us-50, Gunnison, CO 81230
      View Details
    • Value Estimation
      $2,350,000
      16,508 SF

      701 Us Hwy 50

      HOTEL/MOTEL
      701 Us Hwy 50, Gunnison, CO 81230-4037
      View Details
    • Value Estimation by Request
      30,330 SF

      911 Main St

      MOTEL
      911 Main St, Gunnison, CO 81230-2415
      View Details
    • Value Estimation
      $1,845,000
      8,286 SF

      212 Tomichi Ave

      MOTEL
      212 Tomichi Ave, Gunnison, CO 81230-2327
      View Details
    • Value Estimation
      $3,300,000
      30,496 SF

      400 Tomichi Ave

      MOTEL
      400 Tomichi Ave, Gunnison, CO 81230-2031
      View Details
    • Value Estimation by Request
      22,349 SF

      411 Tomichi Ave

      MOTEL
      411 Tomichi Ave, Gunnison, CO 81230-2030
      View Details

    Similar Nearby for Sale

    • $489,500
      2,125 SF

      Gunnison Mixed-Use Commercial Space

      Prime Gunnison location, versatile space, great potential.
      413 New York Ave, Gunnison, CO 81230
      View Details
    • $950,000
      2,318 SF

      Downtown Gunnison Restaurant - Turnkey Operation

      Established Restaurant, High Capacity, Prime Location
      112 Main St, Gunnison, CO 81230
      View Details
    • $430,000
      6.84 Acres

      Gunnison Vacant Land with Views

      6.84-acre vacant land with mountain views near Gunnison, CO.
      150 Zuni Trl, Gunnison, CO 81230
      View Details
    • $425,000
      5.00 Acres

      Gunnison, CO Land For Sale

      5-acre land parcel available in Gunnison, Colorado.
      1100 Castle Dr, Gunnison, CO 81230
      View Details
    • $199,000
      6.11 Acres

      Gunnison, CO Land For Sale

      6.111 acre commercial land available in Gunnison, Colorado.
      County Road 10, Gunnison, CO 81230
      View Details
    • $729,000
      2.11 Acres

      Gunnison, CO Land For Sale

      2.109 acre commercial land for sale in Gunnison, CO.
      301 Griffing Rd, Gunnison, CO 81230
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    910 Tomichi Ave
    Gunnison, CO 81230-2018
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    910 Tomichi Ave, Gunnison, CO, 81230
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!