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Property profile & analytics
OFF-MARKET
Estimated value
$1,415,000
Bed & breakfasts
115 26th St Colorado Springs, CO 80904-3010
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-2687606
Property profile
Verified
Property type
Bed & breakfasts
Use group
BED & BREAKFAST
Year built
1996
Construction
WOOD FRAME
Total area
7,592 SF
Lot
0.17 ac (7,200 SF)
Zoning code
C6/CR
APN
7411232009
UPID
US13-2687606
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
-
Old Town Guesthouse B&B Bed & Breakfast Restaurant
-
Tesla Destination Charger Electric Vehicle Charging Station
-
DrDeClutter Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.41M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.47M
Blend (final)
Blend
$1.42M
Owner & transaction history
Otgh Properties LLC · 2 yrs held
Otgh Properties LLC
since 2023
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
C6/CR · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.0M
+10.1%
Auto repair, garage
$1.9M
+1.7%
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
$1,395,000
ML approach
$1,405,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,840,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,025,000
Change: +10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,870,000
Change: +2% · Conversion: Difficult
MEDICAL BUILDING
$1,825,000
Change: -1% · Conversion: Difficult
OFFICE BUILDING
$1,620,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$1.42M
Range $1.27M – $1.56M · ±10% · vs last sale $1.43M (Sep 29 2023)
Last sale anchor
$1.43M
Sep 29 2023
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
$186 / 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
$10,379
Tax year 2023
Assessed value
$164,210
Assessed 2023
Previous assessed
$164,210
+0.0% YoY
Effective rate
6.32%
On assessed value
Assessed land
$15,920
Assessed improvement
$148,290
Land market value
$75,960
Improvement market value
$1,135,451
Total market value
$1,211,411
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
Bed & breakfasts
Use group
BED & BREAKFAST
Status
Off-Market
Year built
1996
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
3
Units
1
Total area
7,592 SF
Lot
0.17 ac (7,200 SF)
Zoning code
C6/CR
APN
7411232009
UPID
US13-2687606
Jurisdiction
EL PASO
Zoning & alternative use
C6/CR · Colorado Springs, CO
Zoning C6/CR · permitted uses
C6/CR · 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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.6M
HOTEL/MOTEL Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1996
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
3
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Otgh Properties LLC
Entity
Mailing address
3820 SCHOOLWOOD CT, COLORADO SPRINGS, CO 80918-6386
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2023
—
Otgh Properties LLC
—
Deed
related
$441,000 · Colorado Lending Source Ltd
Sep 29, 2023
$1,430,000
Otgh Properties LLC
Dbw Family Trust
Warranty Deed
$715,000 · Bank Of The San Juans
Jun 28, 2023
—
Dbw Family Trust
David B Wolinski
Warranty Deed
—
Jun 4, 2014
$950,000
David B Wolinski
Wick Family Living Trust
Special Warranty Deed
$712,830 · Pikes Peak National Bank
Jul 11, 2007
—
Wick Family Living Trust
Wick,donald L & Shirley A
Quit Claim Deed
related
—
Jul 1, 2005
$1,000,000
Donald L Wick
Caster,kaye A
Warranty Deed
$938,495 · Pikes Peak National Bank
—
—
Wick Family Living Trust
—
Deed Of Trust
related
$373,736 · Pikes Peak National Bank
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.
Try Rey
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