Technical
Financial
Distress signals
Property profile

1703 Nevada Ave Colorado Springs, CO 80905

OFF-MARKET
Motels
Property ID
US13-0366265
35,553 SF 1.53 ac lot Built 1962
Entity Owned 7-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1962
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 35,553 SF
Lot 1.53 ac (66,647 SF)
Zoning code C5
APN 6430100030
UPID US13-0366265

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Hotel & Motel Resort

Location

1703 Nevada Ave Colorado Springs, CO 80905-2223
Colorado Springs metro Census 2901 COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.16M
Blend (final) Blend
$475k

Owner & transaction history

since 2019
7 recorded transactions
2019
$4.3M
2013
$1.4M
2002
$2.5M
1969
Price N/A
1969
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1703 Nevada Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message