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    Property profile & analytics

    1824 Nevada Ave Colorado Springs, CO 80907-7459

    • Residential income homes
    • 2,659 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Location Intelligence
    Property ID
    US13-0040000
    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

    • McDonald's / Fast Food Restaurant / Hamburger Restaurant

    Property Details for 1824 Nevada Ave

    Year built
    1899
    Construction
    FRAME
    Lot size
    0.22 lot acres
    Property size
    2,659 SF
    Zone code
    R2 HP
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    6406403010
    APU
    6406403010

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.821
    Latitude
    38.86
    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
    $2,694
    $6,790
    $48,520
    $55,310
    -
    $101,300
    $724,185
    $825,485

    Comparable in this City

    • Value Estimation by Request
      976 SF

      1925 7th St

      APARTMENT HOUSE (UNDER 5 UNITS) • 976 SF
      1925 7th St, Colorado Springs, CO 80907-6673
      View Details
    • Value Estimation by Request
      976 SF

      1913 7th St

      APARTMENT HOUSE (UNDER 5 UNITS) • 976 SF
      1913 7th St, Colorado Springs, CO 80907-6672
      View Details
    • Value Estimation
      $400,000
      3,448 SF

      1201 Holland Park Blvd

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,448 SF
      1201 Holland Park Blvd, Colorado Springs, CO 80907-3914
      View Details
    • Value Estimation
      $250,000
      987 SF

      709 Caramillo St

      APARTMENT HOUSE (UNDER 5 UNITS) • 987 SF
      709 Caramillo St, Colorado Springs, CO 80907-7214
      View Details
    • Value Estimation by Request
      1,152 SF

      3224 Illinois Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,152 SF
      3224 Illinois Ave, Colorado Springs, CO 80907-5646
      View Details
    • Value Estimation
      $285,000
      1,542 SF

      1714 Royer St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,542 SF
      1714 Royer St, Colorado Springs, CO 80907-7660
      View Details

    Similar Nearby for Sale

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      Well-maintained fourplex with garages, patios, and short-term rental potential.
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    • New
      $800,000
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      Centrally Located Remodeled Fourplex

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    Similar Nearby for Lease

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      30,038 SF

      Garden of the Gods Office Space

      Colorado Springs Office Building, 5,209 SF Available
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    • $13 SF/Yr
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    • $1,100 /Mo
      13,000 SF

      Industrial Land Available For Rent

      13,000 SF industrial land available for storage.
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    • $9 SF/Yr
      6,951 SF

      Industrial Warehouse Space Available

      6,951 SF warehouse space for lease in Colorado Springs.
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    • $13 SF/Yr
      12,343 SF

      Industrial Space Available For Lease

      Industrial property with 12,343 square feet available for lease.
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    • $22 SF/Yr
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      Retail Space in Westwind Marketplace

      Retail space for lease in established Colorado Springs shopping center.
      4315-4435 Centennial Blvd, Colorado Springs, CO 80907
      View Details

    Property Visit Statistics

    • Visits by month
      50.7k
    • Visitors by month
      32.4k
    • Avg Time on site
      14 min
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    1824 Nevada Ave
    Colorado Springs, CO 80907-7459
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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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