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Property profile & analytics
OFF-MARKET Estimated value $800,000
Grocery and convenience stores

137 Manitou Ave Manitou Springs, CO 80829-2426

3,612 SF 0.67 ac lot Built 1987
Individually Owned 10-yr Hold Free & Clear
Property ID
US13-0720188
Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,612 SF
Lot 0.67 ac (29,370 SF)
Zoning code C
APN 7404411032
UPID US13-0720188
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$850k
Comparable Approach Comparable
by Request
Blend (final) Blend
$800k
Owner & transaction history
Ali H Zeidan · 10 yrs held
Ali H Zeidan
since 2015
1 recorded transaction
2015
Price N/A
Zoning & alternative use
C · Manitou Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Commercial (C) . A. Purpose. The Commercial Zone District is characterized by commercial, office, and multi-unit mixed-use residential uses that are an integral part of the City's ability to provide a diverse range of essential and regionally oriented services, tourism-related businesses , and employment opportunities. This Zone District is primarily located…

Zone name Commercial
General category MIXED_USE
Zone area 156.37 ac
Source code of ordinances
Top alternative use upside
Commercial (general) $1.2M +22.4%
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