Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1775 Cheyenne Mtn Blvd Colorado Springs, CO 80906-4030
    Back to Search
    Property profile & analytics

    1775 Cheyenne Mtn Blvd, Colorado Springs, CO 80906-4030

    View on Map
    • Hotels
    • 250,137 SF
    • 9.62 lot acres
    Off-Market
    Property ID
    US13-0867499
    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.
    Value Estimations
    $17,340,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • DoubleTree by Hilton Hotel Colorado Springs / Hotel & Motel
    • Encore / IT Consulting Firm / Tech Support Center

    Property Details for 1775 Cheyenne Mtn Blvd

    Year built
    1986
    Construction
    WOOD FRAME
    Lot size
    9.62 lot acres
    Zone code
    PBC
    Property type
    Hotels
    APN
    6432103001
    APU
    6432103001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 18, 2019 — Dhcs Associates LLC — Deed · related $27M · Barclays Cap R/e
    Jul 27, 2018 — Dhcs Associates LLC — Loan Modification · related $20M · Guaranty Bk
    Jan 26, 2016 — Wmk Colorado Springs LLC Cabot Oil & Gas Corp Quit Claim Deed · related —
    Jan 21, 2016 $14,400,000 Dhcs Associates LLC Wmk Colorado Springs LLC Special Warranty Deed $15M · Guaranty Bank & Trust Co
    Dec 3, 2014 — Wmk Colorado Springs LLC — Grant Deed · related $12.3M · General Elec Cap
    Oct 4, 2011 $17,181,200 Wmk Colorado Springs LLC Red Lion Inns Operating LP Deed Of Trust $12.8M · General Electric Capital Corp
    Jul 14, 2011 — Wmk Hospitality LLC Red Lion Inns Operating LP Grant Deed —
    Jun 4, 2008 — Lion Inns Operating Red — Deed Of Trust · related $160M · General Electric Capital Corp
    — — Dhcs Associates LLC — Deed Of Trust · related $27M · Barclays Cap R/e

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $21,305,000
      6.5%
      $19,665,000
      7%
      $18,260,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.799
    Latitude
    38.7945
    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
    $176,918
    $982,080
    $2,472,430
    $3,454,510
    -
    $3,519,995
    $8,861,767
    $12,381,762

    Comparable in this City

    • Value Estimation
      $3,910,000
      62,734 SF

      2910 Geyser Dr

      HOTEL
      2910 Geyser Dr, Colorado Springs, CO 80906-4039
      View Details
    • Value Estimation by Request
      74,477 SF

      1205 10th Hl Rd

      HOTEL
      1205 10th Hl Rd, Colorado Springs, CO 80906
      View Details
    • Value Estimation
      $995,000
      10,990 SF

      60 1st St

      HOTEL
      60 1st St, Colorado Springs, CO 80906-3625
      View Details
    • Value Estimation
      $31,190,000
      202,623 SF

      1 Lk Ave

      HOTEL
      1 Lk Ave, Colorado Springs, CO 80906-4269
      View Details
    • Value Estimation
      $22,940,000
      229,159 SF

      2886 Cir Dr

      HOTEL
      2886 Cir Dr, Colorado Springs, CO 80906-4111
      View Details
    • Value Estimation
      $770,000
      7,273 SF

      5101 Cheyenne Mtn Hwy

      HOTEL/MOTEL
      5101 Cheyenne Mtn Hwy, Colorado Springs, CO 80906
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Broadmoor Hills Park Land Parcel

      Large lot in desirable Broadmoor Hills Park neighborhood.
      4330 Grantham Ct, Colorado Springs, CO 80906
      View Details
    • Contact for pricing

      Land For Sale

      Land available for purchase in Colorado Springs, Colorado.
      2886 S Circle Dr, Colorado Springs, CO 80906
      View Details
    • Contact for pricing
      1,600 SF

      Land For Sale

      Land available for sale.
      Hwy 115 & Norad Rd, Colorado Springs, CO 80906
      View Details
    • Contact for pricing

      Versatile Industrial Warehouse For Sale

      Functional warehouse space ideal for storage, distribution, or light manufacturing.
      2802-2856 Janitell Rd, Colorado Springs, CO 80906
      View Details
    • Contact for pricing
      10,000 SF

      Functional Industrial Buildings in Colorado Springs

      Modern industrial buildings totaling 10,000 SF in desirable Westside.
      2235-2255 Spectra Dr, Colorado Springs, CO 80906
      View Details
    • $84,900
      0.44 Acres

      Land Near Broadmoor, Colorado Springs

      Near half-acre lot with mountain views, close to Broadmoor.
      414 Sinton Ave, Colorado Springs, CO 80906
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Colorado Springs, CO.
      S Academy Blvd & Hwy 115, Colorado Springs, CO 80906
      View Details
    • Contact for pricing

      Executive Circle Flex Space Available

      Flex, industrial, office, and warehouse spaces for lease.
      2205-2255 Executive Cir, Colorado Springs, CO 80906
      View Details
    • Contact for pricing
      24,539 SF

      Clean Manufacturing Warehouse Available 2025

      Clean manufacturing and warehouse space available July 2025.
      2455 Executive Cir, Colorado Springs, CO 80906
      View Details
    • $14 SF/Yr
      150,163 SF

      Prime Office Space Colorado Springs

      Executive & Traditional Suites Available
      2864 Circle Dr, Colorado Springs, CO 80906
      View Details
    • Contact for pricing

      Colorado Springs Tier III Data Center

      60,731 SF Tier III data center with 1MW power.
      Colorado Springs, CO 80906
      View Details
    • Contact for pricing
      2,400 SF

      Prime Retail Spaces Available

      Restaurant and retail spaces in Broadmoor Towne Center.
      2130 Southgate Rd, Colorado Springs, CO 80906
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1775 Cheyenne Mtn Blvd
    Colorado Springs, CO 80906-4030
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1775 Cheyenne Mtn Blvd, Colorado Springs, CO, 80906
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!