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    Property profile & analytics

    1540 Briargate Blvd Colorado Springs, CO 80920-3434

    • Auto shops
    • 1,996 SF
    • 0.66 lot acres
    OFF-MARKET
    Value Estimation
    $2,030,000
    Last Sale
    Jan 11, 2022
    $2,160,000
    Location Intelligence
    Property ID
    US13-2164006
    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

    • Jiffy Lube / Oil Change Service / Car Battery Store

    Property Details for 1540 Briargate Blvd

    Year built
    1987
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.66 lot acres
    Property size
    1,996 SF
    Zone code
    PBC
    Property type
    Auto shops
    APN
    6305401034
    APU
    6305401034

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,000,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,210,000
      6.5%
      $2,260,000
      7%
      $2,400,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,055,000
      Geo Method
      $2,405,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,935,000
      Retail
      $1,845,000
      Mixed-Use
      $2,245,000
      Hospitality
      $2,100,000
      Educational
      $1,840,000
      Residential Income
      $1,885,000
      Energy
      $2,220,000
      Income-Based Land
      $2,315,000
      Food Service
      $2,150,000

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.799
    Latitude
    38.9458
    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
    $13,697
    $153,150
    $74,080
    $227,230
    -
    $548,910
    $265,506
    $814,416

    Comparable in this City

    • Value Estimation by Request
      44,052 SF

      1570 Auto Mall Loop

      AUTO REPAIR, GARAGE • 44,052 SF
      1570 Auto Mall Loop, Colorado Springs, CO 80920-3954
      View Details
    • Value Estimation by Request
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      8145 Un Blvd

      AUTO REPAIR, GARAGE • 3,227 SF
      8145 Un Blvd, Colorado Springs, CO 80920
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    • Value Estimation
      $445,000
      6,117 SF

      2395 Briargate Blvd

      AUTO REPAIR, GARAGE • 6,117 SF
      2395 Briargate Blvd, Colorado Springs, CO 80920-3766
      View Details
    • Value Estimation
      $440,000
      5,348 SF

      5710 Woodmen Rd

      AUTO REPAIR, GARAGE • 5,348 SF
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    • Value Estimation
      $265,000
      5,059 SF

      8104 Academy Blvd

      AUTO REPAIR, GARAGE • 5,059 SF
      8104 Academy Blvd, Colorado Springs, CO 80920-3904
      View Details
    • Value Estimation
      $1,615,000
      16,221 SF

      1560 Auto Mall Loop

      AUTO REPAIR, GARAGE • 16,221 SF
      1560 Auto Mall Loop, Colorado Springs, CO 80920-3954
      View Details

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    Colorado Springs, CO 80920-3434
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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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