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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Specialty properties
12375 Black Frst Rd Colorado Springs, CO 80908-4044
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US13-2292763
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
2006
Construction
STEEL FRAME
Total area
16,166 SF
Lot
4.94 ac (215,186 SF)
Zoning code
CR
APN
5217000099
UPID
US13-2292763
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
-
Glen Eyrie Castle Hotel & Motel
-
Black Forest by Wedgewood Weddings Wedding Service
-
For Rents Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$770k
Owner & transaction history
Tebo Ptshp Lllp · 10 yrs held
Tebo Ptshp Lllp
since 2016
7 recorded transactions
Zoning & alternative use
CR · 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
$48 / 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
Assessed value
$683,560
Assessed 2023
Previous assessed
$683,560
+0.0% YoY
Assessed land
$252,150
Assessed improvement
$431,410
Land market value
$903,781
Improvement market value
$1,546,258
Total market value
$2,450,039
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
2006
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
16,166 SF
Lot
4.94 ac (215,186 SF)
Zoning code
CR
APN
5217000099
UPID
US13-2292763
Jurisdiction
EL PASO
Zoning & alternative use
CR · Colorado Springs, CO
Zoning CR · permitted uses
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.
Building & site characteristics
From public records
Year built
2006
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
4.94 ac
Current owner
From public records · entity-resolved
Tebo Ptshp Lllp
Entity
Mailing address
3111 28TH ST, BOULDER, CO 80301-1315
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2018
—
Tebo Jpartnership Lllp
—
Deed
related
$4,312,500 · Alpine Bank
Jan 4, 2016
$2,395,000
Tebo Ptshp Lllp
Pinery LLC
Grant Deed
—
May 30, 2014
—
Pinery LLC
Thee Occasion Funding I LLC
Quit Claim Deed
related
—
Feb 25, 2011
—
Pinery LLC
—
Trustees Deed
related
$300,000 · Harry & Jacqueline Silsby
Apr 9, 2010
—
Thee Occasion Funding I LLC
—
Trustees Deed
related
$150,000 · Legacy Bank
Jan 4, 2010
—
Thee Occasion Funding I LLC
—
Trustees Deed
related
$40,000 · Legacy Bank
Oct 9, 2008
—
Pinery LLC
—
Trustees Deed
related
$249,000 · Integrity Bank & Trust
Apr 29, 2008
—
Pinery LLC
—
Trustees Deed
related
$249,000 · Integrity Bank & Trust
Jul 11, 2007
—
Thee Occasion Funding I LLC
Jen Jar LLC
Grant Deed
—
Apr 14, 2005
$225,000
Jenjar LLC
Suiter,ronnie P
Warranty Deed
$1,922 · Woodland Escrow INC
—
—
Jenjar LLC
—
Deed Of Trust
related
$1,538,000 · Thee Occasion Funding I LLC
—
—
Pinery LLC
—
Deed Of Trust
related
$150,000 · Charles J Lalonde
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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