231 Royal GorgeCanon City, CO 81212

  • Hospitality properties
  • 4,718 SF
Off market
$118,823 Estimated

Property Details for 231 Royal Gorge

Year built
1951
Lot size
0.54 AC
Property size (Sq ft)
4,718 SF
Property type
Hospitality properties
Property subtype
Motels
APN
11028870
APU
11028870

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,106,404
    6.5%
    $1,021,296
    7%
    $948,346
  • Comparable approach

    Method
    Valuation
    Method 1
    $1,533,094
    Method 2
    $916,033
  • Alternative Use

    Use
    Valuation
    Residential
    $1,114,958
    Hospitality
    $1,021,296
    Educational
    $849,706
    Medical
    $878,929
    Retail
    $1,321,765
231 Royal Gorge, Canon City, Colorado

Location Insight

City
Canon City
County
Fremont
State
Colorado
Latitude
38.4385
Longitude
-105.243
CBSA code
15860
CBSA name
CANON CITY, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $98,201
  • Tax year
    2023
  • Tax bill
    $8,396

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