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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Skating rinks
1920 Academy Blvd Colorado Springs, CO 80909-1504
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-2456552
Property profile
Verified
Property type
Skating rinks
Use group
SKATING RINK, ICE SKATING, ROLLER SKATING
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
23,440 SF
Lot
1.67 ac (72,745 SF)
Zoning code
R5 UV
APN
6403401048
UPID
US13-2456552
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
-
Skate City Academy Sports Field & Court
-
Jusebeauty Blog (Bike/Boat/Book/etc) Store
-
ATM Atm
-
Love Etc (Bike/Boat/Book/etc) Store Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$840k
Owner & transaction history
1920 North Academy LLC · 15 yrs held
1920 North Academy LLC
since 2010
7 recorded transactions
Zoning & alternative use
R5 UV · 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
Method
Estimation
Statistic approach
by Request
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$840k
Range $756k – $924k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
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
$11,987
Tax year 2023
Assessed value
$227,160
Assessed 2023
Previous assessed
$227,160
+0.0% YoY
Effective rate
5.28%
On assessed value
Assessed land
$189,770
Assessed improvement
$37,390
Land market value
$680,166
Improvement market value
$134,016
Total market value
$814,182
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
Skating rinks
Use group
SKATING RINK, ICE SKATING, ROLLER SKATING
Status
Off-Market
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
23,440 SF
Lot
1.67 ac (72,745 SF)
Zoning code
R5 UV
APN
6403401048
UPID
US13-2456552
Jurisdiction
EL PASO
Zoning & alternative use
R5 UV · Colorado Springs, CO
Zoning R5 UV · permitted uses
R5 UV · 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
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.67 ac
Current owner
From public records · entity-resolved
1920 North Academy LLC
Entity
Mailing address
3325 MDW RDG DR, COLORADO SPRINGS, CO 80920-4621
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2019
—
1920 North Academy LLC
—
Grant Deed
related
$4,000,000 · Integrity Bk
Dec 1, 2010
—
1920 North Academy LLC
Owner Name Unavailable
Grant Deed
related
$250,000 · Central Bank & Trust
Mar 15, 2010
—
1920 North Academy LLC
Ingrum,jeffrey & Theresa
Warranty Deed
—
Nov 3, 2009
$450,000
1920 North Academy LLC
Kelly Investment Co
Warranty Deed
$450,000 · Kelly Investment Co
Sep 25, 2001
—
Kelly Investments Co
Kelly,william I & Gladys R
Quit Claim Deed
related
—
—
—
Jeffrey Ingrum
—
Deed Of Trust
related
$200,000 · Academy Bank
—
—
1920 North Academy LLC
—
Loan Modification
related
$300,000 · Central Bk
—
—
Jeffrey Ingrum
—
Deed Of Trust
related
$593,327 · Cheyenne Mountain Bank
—
—
1920 North Academy LLC
—
Deed Of Trust
related
$960,000 · Central Bank & Trust
—
—
4575 Austin Bluffs LLC
—
Deed Of Trust
related
$3,174,754 · Vectra Bk/co
—
—
Jeffrey J Ingrum
—
Deed Of Trust
related
$340,000 · Air Academy National 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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