14378 Us Hwy 34Fort Morgan, CO 80701

  • Hotels
  • 63,075 SF
Off market
$41,538,000 Estimated

Property Details for 14378 Us Hwy 34

Year built
1971
Construction
STEEL & CONCRETE
Lot size
4.15 AC
Property size (Sq ft)
63,075 SF
Property type
Hotels
Property subtype
Motels
APN
R009540
APU
R009540

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,447,034
    6.5%
    $12,412,647
    7%
    $11,526,029
  • Comparable approach

    Method
    Valuation
    Relative Method
    $29,077,334
    Geo Method
    $12,246,453
  • Alternative Use

    Use
    Valuation
    Residential
    $13,551,004
    Hospitality
    $12,412,647
    Educational
    $10,327,177
    Medical
    $10,682,344
    Retail
    $16,064,497

Location Insight

City
Fort Morgan
County
Morgan
State
Colorado
Latitude
40.2521
Longitude
-103.881
CBSA code
22820
CBSA name
FORT MORGAN, CO MICROPOLITAN 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
$116,538
$32,390
$1,619,720
$1,652,110
-
$116,090
$5,805,450
$5,921,540

FAQs

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