MainLamar, CO 81052

  • Hospitality properties
  • 58,540 SF
Off market

Property Details for Main

Year built
1974
Construction
TYPE NOT SPECIFIED
Property size (Sq ft)
58,540 SF
Property type
Hospitality properties
Property subtype
Motels
APN
23798
APU
23798

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,480,212
    6.5%
    $11,520,196
    7%
    $10,697,325
  • Comparable approach

    Method
    Valuation
    Method 1
    $26,986,716
    Method 2
    $11,365,951
  • Alternative Use

    Use
    Valuation
    Residential
    $12,576,707
    Hospitality
    $11,520,196
    Educational
    $9,584,668
    Medical
    $9,914,299
    Retail
    $14,909,483
Main, Lamar, Colorado

Location Insight

City
Lamar
County
Prowers
State
Colorado
Latitude
38.0862
Longitude
-102.619

Property Tax & Assessments

  • Tax year
    2023

FAQs

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