45 Dripping SpgsDrake, CO 80515

Off market
$4,508,460 Estimated
  • Motels
  • 756 SF

Property Details for 45 Dripping Spgs

Year built
1939
Construction
WOOD FRAME
Lot size
0.45 AC
Property size (Sq ft)
756 SF
Property type
Motels
APN
25211-06-011
APU
2521106011

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $189,607
    6.5%
    $175,022
    7%
    $162,520
  • Comparable approach

    Method
    Valuation
    Relative Method
    $446,319
    Geo Method
    $146,783
  • Alternative Use

    Use
    Valuation
    Residential
    $191,073
    Hospitality
    $175,022
    Educational
    $145,616
    Medical
    $150,624
    Retail
    $226,514
45 Dripping Spgs, Drake, Colorado

Location Insight

City
Drake
County
Larimer
State
Colorado
Latitude
40.3901
Longitude
-105.465
CBSA code
22660
CBSA name
FORT COLLINS-LOVELAND, CO METROPOLITAN 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
$13,848
$13,169
$194,128
$207,297
-
$47,200
$695,800
$743,000

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