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    Property profile & analytics

    1322 Motor City Dr Colorado Springs, CO 80905-7317

    • Office buildings
    • 1,000 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Last Sale
    Jul 15, 2021
    Location Intelligence
    Property ID
    US13-1363621
    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

    • Circle Auto Center / Used Car Dealer

    Property Details for 1322 Motor City Dr

    Year built
    1967
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.32 lot acres
    Property size
    1,000 SF
    Zone code
    C6
    Property type
    Office buildings
    APN
    6419302021
    APU
    6419302021

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.831
    Latitude
    38.815
    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
    $1,982
    $39,810
    $4,190
    $44,000
    -
    $142,699
    $15,032
    $157,731

    Comparable in this City

    • Value Estimation by Request
      2,845 SF

      1730 8th St

      OFFICE BUILDING • 2,845 SF
      1730 8th St, Colorado Springs, CO 80905-1927
      View Details
    • Value Estimation
      $435,000
      4,022 SF

      911 8th St

      OFFICE BUILDING • 4,022 SF
      911 8th St, Colorado Springs, CO 80905-7342
      View Details
    • Value Estimation
      $260,000
      2,820 SF

      913 8th St

      OFFICE BUILDING • 2,820 SF
      913 8th St, Colorado Springs, CO 80905-7318
      View Details
    • Value Estimation
      $260,000
      2,473 SF

      915 8th St

      OFFICE BUILDING • 2,473 SF
      915 8th St, Colorado Springs, CO 80905-7318
      View Details
    • Value Estimation
      $390,000
      4,000 SF

      218 Limit St

      OFFICE BUILDING • 4,000 SF
      218 Limit St, Colorado Springs, CO 80905-1625
      View Details
    • Value Estimation by Request
      4,000 SF

      414 Pike Peak Ave

      OFFICE BUILDING • 4,000 SF
      414 Pike Peak Ave, Colorado Springs, CO 80905-1525
      View Details

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    Similar Nearby for Lease

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    Colorado Springs, CO 80905-7317
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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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