1152 MainFort Morgan, CO 80701

  • Hospitality properties
  • 53,668 SF
Off market
$2,531,925 Estimated

Property Details for 1152 Main

Year built
2012
Construction
WOOD FRAME
Lot size
1.34 AC
Property size (Sq ft)
53,668 SF
Property type
Hospitality properties
Property subtype
Hotels
APN
R005609
APU
R005609

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,441,545
    6.5%
    $10,561,426
    7%
    $9,807,038
  • Comparable approach

    Method
    Valuation
    Method 1
    $24,740,744
    Method 2
    $10,420,018
  • Alternative Use

    Use
    Valuation
    Residential
    $11,530,009
    Hospitality
    $10,561,426
    Educational
    $8,786,982
    Medical
    $9,089,180
    Retail
    $13,668,639
1152 Main, Fort Morgan, Colorado

Location Insight

City
Fort Morgan
County
Morgan
State
Colorado
Latitude
40.2608
Longitude
-103.801
CBSA code
22820
CBSA name
FORT MORGAN, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,772,360
  • Assessed land value
    $320,140
  • Assessed value
    $2,092,500
  • Tax year
    2023
  • Tax bill
    $169,181

FAQs

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