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    Property profile & analytics

    1212 Motor City Dr Colorado Springs, CO 80905-7315

    • Auto shops
    • 69,441 SF
    • 11.94 lot acres
    OFF-MARKET
    Value Estimation
    $790,000
    Location Intelligence
    Property ID
    US13-1177682
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • MT. CARMEL INSURANCE AGENCY, LLC / Insurance Agency / Auto Insurance Agency
    • Phil Long Lincoln / Car Dealer / Lincoln Dealer
    • Kangaroo Coffee / Coffee Shop
    • Phil Long Ford of Motor City / Car Dealer / Ford Dealer
    • Ford Motor City Service / Auto Repair Shop / Brake Shop

    Property Details for 1212 Motor City Dr

    Year built
    1965
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    11.94 lot acres
    Property size
    69,441 SF
    Zone code
    C6 UV
    Property type
    Auto shops
    APN
    7424421001
    APU
    7424421001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $895,000

    • CAP approach

      CAP return
      Estimation
      6%
      $745,000
      6.5%
      $800,000
      7%
      $725,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $750,000
      Geo Method
      $725,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $650,000
      Retail
      $780,000
      Mixed-Use
      $680,000
      Hospitality
      $725,000
      Educational
      $835,000
      Residential Income
      $650,000
      Energy
      $740,000
      Income-Based Land
      $650,000
      Food Service
      $660,000

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.835
    Latitude
    38.8167
    CBSA code
    17820
    CBSA name
    COLORADO SPRINGS, CO METROPOLITAN 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
    $60,686
    $725,550
    $390,450
    $1,116,000
    -
    $2,600,530
    $1,399,470
    $4,000,000

    Comparable in this City

    • Value Estimation
      $1,130,000
      4,954 SF

      845 Moreno Ave

      AUTO REPAIR, GARAGE • 4,954 SF
      845 Moreno Ave, Colorado Springs, CO 80905-1731
      View Details
    • Value Estimation
      $2,035,000
      2,172 SF

      1401 Nevada Ave

      AUTO REPAIR, GARAGE • 2,172 SF
      1401 Nevada Ave, Colorado Springs, CO 80905-7428
      View Details
    • Value Estimation by Request
      4,255 SF

      1762 Crk Xing St

      AUTO REPAIR, GARAGE • 4,255 SF
      1762 Crk Xing St, Colorado Springs, CO 80905
      View Details
    • Value Estimation
      $230,000
      3,195 SF

      24 Walnut St

      AUTO REPAIR, GARAGE • 3,195 SF
      24 Walnut St, Colorado Springs, CO 80905-1537
      View Details
    • Value Estimation
      $415,000
      3,190 SF

      8th St

      AUTO REPAIR, GARAGE • 3,190 SF
      8th St, Colorado Springs, CO 80905
      View Details
    • Value Estimation
      $375,000
      7,450 SF

      770 Abbot Ln

      AUTO REPAIR, GARAGE • 7,450 SF
      770 Abbot Ln, Colorado Springs, CO 80905-1801
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      High-Visibility Retail Building For Lease

      Retail building with excellent frontage, freeway visibility, and signage.
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    • $16 SF/Yr
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      Retail space with high visibility and strong demographics.
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      View Details
    • $10 SF/Yr
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      Multi-tenant retail center with great visibility and access.
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      Unique Retail and Industrial Units

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    • $2.00 SF/Yr
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      Retail Space in Cheyenne Plaza

      Retail space available in busy Cheyenne Plaza shopping center.
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      View Details
    • $126 SF/Yr
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      Cheyenne Center Retail Space

      Colorado Springs retail space available.
      1707 8Th St, Colorado Springs, CO 80905
      View Details

    Property Visit Statistics

    • Visits by month
      11.7k
    • Visitors by month
      7.3k
    • Avg Time on site
      39 min
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    1212 Motor City Dr
    Colorado Springs, CO 80905-7315
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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