Technical
Financial
Distress signals
Property profile

1621 Nevada Ave Colorado Springs, CO 80905

OFF-MARKET
Motels
Property ID
US13-0693045
1,420 SF 1.11 ac lot Built 1917
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1917
Construction WOOD FRAME
Total area 1,420 SF
Lot 1.11 ac (48,352 SF)
Zoning code C5
APN 6419413069
UPID US13-0693045

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1621 Nevada Ave Colorado Springs, CO 80905
Colorado Springs metro Census 2901 COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.44M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.24M

Owner & transaction history

since 2022
Last sale
$3.5M
5 recorded transactions
2022
$3.5M
2019
Price N/A
2015
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C5 · Colorado Springs, CO

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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