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Property profile & analytics
OFF-MARKET
Estimated value
$4,725,000
Auto shops
1103 Academy Park Loop, Colorado Springs, CO 80910-3704
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US13-1036810
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
41,249 SF
Lot
5.43 ac (236,531 SF)
Zoning code
C6/CR AO
APN
6423309003
UPID
US13-1036810
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
-
Mike Maroone Honda - Parts Center Auto Parts Store
-
Mike Maroone Honda - Service & Parts Center Auto Repair Shop
-
Mike Maroone Honda - Service and Parts Center Auto Repair Shop
-
Mike Maroone Honda Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.52M
Blend (final)
Blend
$4.73M
Owner & transaction history
Cs Re Hnd LLC · 9 yrs held
Cs Re Hnd LLC
since 2017
5 recorded transactions
Zoning & alternative use
C6/CR AO · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.73M
Range $4.25M – $5.20M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$115 / 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
$60,631
Tax year 2023
Assessed value
$1,189,370
Assessed 2023
Previous assessed
$1,189,370
+0.0% YoY
Effective rate
5.10%
On assessed value
Assessed land
$204,570
Assessed improvement
$984,800
Land market value
$733,243
Improvement market value
$3,529,757
Total market value
$4,263,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Total area
41,249 SF
Lot
5.43 ac (236,531 SF)
Zoning code
C6/CR AO
APN
6423309003
UPID
US13-1036810
Jurisdiction
EL PASO
Zoning & alternative use
C6/CR AO · Colorado Springs, CO
Zoning C6/CR AO · permitted uses
C6/CR AO · 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
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Lot
5.43 ac
Current owner
From public records · entity-resolved
Cs Re Hnd LLC
Entity
Mailing address
1103 ACADEMY PARK LOOP, COLORADO SPRINGS, CO 80910-3704
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2021
—
Cs Re Hnd LLC
—
Deed
related
$7,565,000 · Truist Bank
May 16, 2017
$8,733,300
Cs Re Hnd LLC
Team Honda Properties LLC
Grant Deed
$7,423,333 · Ally Bk
Oct 4, 2004
$1,300,000
Team Honda Properties LLC
Serra Properties LLC
Warranty Deed
$5,000,000 · Comerica Bank
—
—
Team Honda Properties LLC
—
Loan Modification
related
$2,461,604 · Ally Bk
—
—
Team Honda Properties LLC
—
Loan Modification
related
$2,466,489 · Ally Bk
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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