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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Turn key restaurants
218 Tejon St Colorado Springs, CO 80903-1348
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US13-0703720
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1922
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,822 SF
Lot
0.16 ac (6,840 SF)
Zoning code
FBZ-T1
APN
6418207007
UPID
US13-0703720
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bird Tree Cafe Cafe & Coffee Shop
-
T-Byrds Tacos & Tequila Restaurant
-
District Elleven Bar & Pub Nightclub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$645k
Owner & transaction history
Baldwin Cohn Invs Grp LLC · 7 yrs held
Baldwin Cohn Invs Grp LLC
since 2018
7 recorded transactions
Zoning & alternative use
FBZ-T1 · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Colorado Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colorado Springs submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$95 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$16,251
Tax year 2023
Assessed value
$259,210
Assessed 2023
Previous assessed
$259,210
+0.0% YoY
Effective rate
6.27%
On assessed value
Assessed land
$66,320
Assessed improvement
$192,890
Land market value
$237,690
Improvement market value
$691,350
Total market value
$929,040
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1922
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
6,822 SF
Lot
0.16 ac (6,840 SF)
Zoning code
FBZ-T1
APN
6418207007
UPID
US13-0703720
Jurisdiction
EL PASO
Zoning & alternative use
FBZ-T1 · Colorado Springs, CO
Zoning FBZ-T1 · permitted uses
FBZ-T1 · Colorado Springs, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Colorado Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1922
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Baldwin Cohn Invs Grp LLC
Entity
Mailing address
PO BOX 49006, COLORADO SPRINGS, CO 80949-9006
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2022
—
Baldwin Cohn Investment Group LLC
—
Deed
related
$400,000 · Bank Of Colorado
May 28, 2019
—
Baldwin Cohn Invs Grp LLC
—
Deed
related
$132,530 · Bank Of Co
Oct 15, 2018
$800,000
Baldwin Cohn Invs Grp LLC
F & C Peterson LLC
Grant Deed
$640,000 · Bank Of Co
Aug 20, 2010
—
F & C Peterson LLC
F & C Peterson LLC
Special Warranty Deed
$325,000 · Wells Fargo Bank NA
Oct 27, 2004
—
M & C Peterson LLC
—
Trustees Deed
related
$50,000 · Bank Of Colorado
Dec 29, 2000
—
Peterson Properties Ltd
Peterson,carl B
Quit Claim Deed
related
—
—
—
Baldwin Cohn Invs Grp LLC
—
Deed Of Trust
related
$132,530 · Bank Of Co
—
—
Peterson Properties Ltd
—
Deed Of Trust
related
$60,000 · First National Bank Colorado
—
—
M & C Peterson LLC
—
Deed Of Trust
related
$400,000 · First Nat'l Bank Colorado Spri
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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