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Property profile & analytics
OFF-MARKET
Auto shops
1619 Un Blvd Colorado Springs, CO 80909-2811
Entity Owned
2-yr Hold
Free & Clear
Property ID
US13-0038824
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2004
Construction
STEEL FRAME
Total area
4,340 SF
Lot
0.33 ac (14,391 SF)
Zoning code
C5 CU
APN
6404308045
UPID
US13-0038824
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
-
Aspen Auto Clinic Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
1619 N Union LLC · 2 yrs held
1619 N Union LLC
since 2023
7 recorded transactions
Zoning & alternative use
C5 CU · 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
—
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
$6,507
Tax year 2023
Assessed value
$127,140
Assessed 2023
Previous assessed
$127,140
+0.0% YoY
Effective rate
5.12%
On assessed value
Assessed land
$33,730
Assessed improvement
$93,410
Land market value
$120,884
Improvement market value
$334,802
Total market value
$455,686
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Total area
4,340 SF
Lot
0.33 ac (14,391 SF)
Zoning code
C5 CU
APN
6404308045
UPID
US13-0038824
Jurisdiction
EL PASO
Zoning & alternative use
C5 CU · Colorado Springs, CO
Zoning C5 CU · permitted uses
C5 CU · 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
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
1619 N Union LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1755 JET STRM DR, COLORADO SPRINGS, CO 80921-3682
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2023
—
1619 N Union LLC
Greg T Bunch
Special Warranty Deed
—
Feb 2, 2023
—
Greg T Bunch
—
Deed
related
$2,030,400 · Crossfirst Bank
Dec 21, 2017
—
Greg T Bunch
—
Trustees Deed
related
$318,995 · Integrity Bk
Jul 27, 2006
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Jul 10, 2006
—
Greg T Bunch
Bennett,beverly J
Quit Claim Deed
related
—
Sep 3, 2004
—
Greg Bunch
—
Trustees Deed
related
$33,563 · Rocky Mountain Bank
Oct 29, 2003
$170,000
Greg Bunch
Paul,david L & Sharon L
Grant Deed
$431,800 · Rocky Mountain Bank & Trust
Aug 23, 2002
$75,000
David L Paul
Theodore R Predmore Estate
Grant Deed
$112,500 · First State Bank
—
—
Greg T Bunch
—
Deed Of Trust
related
$191,000 · Community Economic Dev Co Co
—
—
Greg Bunch
—
Deed Of Trust
related
$60,000 · David L & Sharon L Paul
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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