52254 Ke RdMolina, CO 81646

Property Details for 52254 Ke Rd

Year built

1963

Construction

WOOD

Lot size

38.91 AC

Property size (Sq ft)

2,418 SF

Zone code

AFT

Property type

Hospitality properties

Property subtype

Hotels

APN

2713-232-00-035

APU

271323200035

Description

This exceptional 40.49-acre property in Molina, Colorado, presents a unique investment opportunity. The estate boasts three buildings totaling 9,635 square feet, comprised of seven individual units. The main building, a 3,275 square-foot structure, features five rooms, three baths, a full commercial kitchen, and a large sunroom. A second building, a 3,045 square-foot lodge, includes five separate residential units with seven bedrooms and five bathrooms, a common living area, a full kitchen, and a complete solar system. The third building, a 3,315 square-foot shop with a second-story apartment, offers versatile space for workshops, storage, or additional living quarters. Extensive site improvements include landscaping, a gazebo, concrete pads, ample parking, seven RV spots, and a private well with filtration. The property also features a full septic system, a self-composting waste system, 48 shares of irrigation water, and a unique hideaway bunker. Built in 1982, this two-story property is zoned AFT and offers substantial infrastructure, including all furniture, fixtures, and equipment (FF&E). Its diverse layout and existing infrastructure make it ideal for a treatment/rehabilitation center, event space, or a combination of residential and commercial uses, presenting significant income potential. The property's location on the Grand Mesa offers breathtaking views and seclusion. The asking price is $1,675,000, with a price per square foot of $173.85. The APN is 2713-232-00-035.

• CAP approach

  CAP return

  Valuation

  6%

  $504,729

  6.5%

  $465,904

  7%

  $432,625

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,156,380

  Geo Method

  $469,472

• Alternative Use

  Use

  Valuation

  Residential

  $508,632

  Hospitality

  $465,904

  Educational

  $387,626

  Medical

  $400,958

  Retail

  $602,975

Location Insight

City

Molina

County

Mesa

State

Colorado

Latitude

39.1785

Longitude

-108.08

CBSA code

24300

CBSA name

GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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