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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Bowling alleys
1867 Cir Dr Colorado Springs, CO 80909-2410
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-2686264
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
22,498 SF
Lot
1.02 ac (44,431 SF)
Zoning code
PBC
APN
6403322001
UPID
US13-2686264
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
-
Thee Bowlers Revolution Pro Shop (Bike/Boat/Book/etc) Store Bowling Alley
-
PinHeadz Bowling Center Bowling Alley
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$800k
Owner & transaction history
Id No 20231420384 · 2 yrs held
Id No 20231420384
since 2024
7 recorded transactions
Zoning & alternative use
PBC · 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
$36 / SF
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
$7,069
Tax year 2023
Assessed value
$137,390
Assessed 2023
Previous assessed
$137,390
+0.0% YoY
Effective rate
5.15%
On assessed value
Assessed land
$71,280
Assessed improvement
$66,110
Land market value
$255,478
Improvement market value
$236,953
Total market value
$492,431
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
Bowling alleys
Use group
BOWLING ALLEY
Status
Off-Market
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
22,498 SF
Lot
1.02 ac (44,431 SF)
Zoning code
PBC
APN
6403322001
UPID
US13-2686264
Jurisdiction
EL PASO
Zoning & alternative use
PBC · Colorado Springs, CO
Zoning PBC · permitted uses
PBC · 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
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.02 ac
Current owner
From public records · entity-resolved
Id No 20231420384
Individual
Mailing address
717 N WAHSATCH AVE, COLORADO SPRINGS, CO 80903-3005
Ownership since
2024
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
Jan 8, 2024
—
Id No 20231420384
Patricia K Maguire
Quit Claim Deed
related
—
Jun 21, 2018
—
Plaza Equities LLC
Desert Springs Invs LLC
Quit Claim Deed
related
—
Jan 3, 2018
—
Plaza Equities LLC
Desert Springs Invs LLC
Quit Claim Deed
related
—
Dec 14, 2017
—
Desert Springs Invs LLC
Deputy Public Te Of El Paso Cnty|bowen,david
Trustees Deed
—
Nov 16, 2017
$1,209,000
David Bowen
Deputy Public Te Of El Paso Cnty
Certificate Of Purchase
$100,000
Aug 2, 2007
—
William J Eckhart
Bowen,david E
Grant Deed
—
Nov 30, 2004
$1,000,000
David Bowen
Eckhart,william J
Warranty Deed
$140,000 · William J Eckhart
—
—
William J Eckhart
—
Deed Of Trust
related
$8,000 · Firstier Financial Group INC
—
—
William J Eckhart
—
Deed Of Trust
related
$250,000 · Bruce L Wolin
—
—
William J Eckhart
—
Deed Of Trust
related
$500,000 · Vectra Bank
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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