Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,675,000
Motels
1307 Republic Dr Colorado Springs, CO 80921-3780
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US13-1322947
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2005
Construction
WOOD FRAME
Total area
42,062 SF
Lot
2.01 ac (87,556 SF)
Zoning code
PBC/CR HR
APN
6220003009
UPID
US13-1322947
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
-
Hampton Inn & Suites Colorado Springs-Air Force Academy-I-25 North Hotel & Motel
-
Front Range CPR and First Aid Training Center of Southern Colorado Training Center Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.74M
Blend (final)
Blend
$1.68M
Owner & transaction history
Academy Hotel LLC · 12 yrs held
Academy Hotel LLC
since 2013
5 recorded transactions
Zoning & alternative use
PBC/CR HR · 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
$1.68M
Range $1.51M – $1.84M · ±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
$40 / 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
$43,293
Tax year 2023
Assessed value
$700,100
Assessed 2023
Previous assessed
$700,100
+0.0% YoY
Effective rate
6.18%
On assessed value
Assessed land
$322,450
Assessed improvement
$377,650
Land market value
$1,155,726
Improvement market value
$1,353,570
Total market value
$2,509,296
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
2005
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
3
Units
74
Total area
42,062 SF
Lot
2.01 ac (87,556 SF)
Zoning code
PBC/CR HR
APN
6220003009
UPID
US13-1322947
Jurisdiction
EL PASO
Zoning & alternative use
PBC/CR HR · Colorado Springs, CO
Zoning PBC/CR HR · permitted uses
PBC/CR HR · 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
2005
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
3
Units
74
Lot
2.01 ac
Current owner
From public records · entity-resolved
Academy Hotel LLC
Entity
Mailing address
915 ENTERPRISE DR, JONESBORO, AR 72401-9201
Ownership since
2013
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
Jul 24, 2013
$7,300,000
Academy Hotel LLC
Ellsworth LLC
Warranty Deed
—
May 11, 2005
$916,066
Ellsworth LLC
Tnc Interquest B5 LLC
Special Warranty Deed
$4,026,575 · Vectra Bank Colorado NA
Apr 29, 2005
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
—
—
Ellsworth LLC
—
Deed Of Trust
related
$2,604,596 · California Bank & Trust
—
—
Ellsworth LLC
—
Deed Of Trust
related
$1,605,000 · Pikes Peak Regional Dev Corp
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1307 Republic Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
