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    Property profile & analytics

    2370 Hancock Expy Colorado Springs, CO 80910-1167

    • Self service car washes
    • 2,208 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    $705,000
    Last Sale
    Apr 01, 2022
    $695,000
    Location Intelligence
    Property ID
    US13-0308234
    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

    • Hancock Car Wash / Car Wash

    Property Details for 2370 Hancock Expy

    Year built
    1987
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.41 lot acres
    Property size
    2,208 SF
    Zone code
    M1/CR CU
    Property type
    Self service car washes
    APN
    6428403001
    APU
    6428403001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $645,000

    • CAP approach

      CAP return
      Estimation
      6%
      $790,000
      6.5%
      $745,000
      7%
      $830,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $750,000
      Geo Method
      $940,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $750,000
      Retail
      $790,000
      Mixed-Use
      $785,000
      Hospitality
      $855,000
      Educational
      $910,000
      Residential Income
      $775,000
      Energy
      $810,000
      Income-Based Land
      $885,000
      Food Service
      $930,000

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.776
    Latitude
    38.7965
    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
    $4,077
    $15,440
    $72,350
    $87,790
    -
    $55,335
    $259,315
    $314,650

    Comparable in this City

    • Value Estimation
      $805,000
      2,541 SF

      3190 Boychuk Ave

      CAR WASH - SELF-SERVE • 2,541 SF
      3190 Boychuk Ave, Colorado Springs, CO 80910
      View Details
    • Value Estimation
      $350,000
      3,130 SF

      2280 Cir Dr

      CAR WASH - SELF-SERVE • 3,130 SF
      2280 Cir Dr, Colorado Springs, CO 80910-4410
      View Details
    • Value Estimation
      $115,000
      1,500 SF

      2535 Weston Rd

      AUTO REPAIR, GARAGE • 1,500 SF
      2535 Weston Rd, Colorado Springs, CO 80910-1022
      View Details
    • Value Estimation
      $325,000
      1,560 SF

      2545 Weston Rd

      AUTO REPAIR, GARAGE • 1,560 SF
      2545 Weston Rd, Colorado Springs, CO 80910-1022
      View Details
    • Value Estimation
      $335,000
      1,500 SF

      3021 Delta Dr

      AUTO REPAIR, GARAGE • 1,500 SF
      3021 Delta Dr, Colorado Springs, CO 80910-1014
      View Details
    • Value Estimation
      $210,000
      1,500 SF

      2549 Weston Rd

      AUTO REPAIR, GARAGE • 1,500 SF
      2549 Weston Rd, Colorado Springs, CO 80910-1022
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Commercial property with overhead drive-in, near Downtown Colorado Springs.
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      Retail Space Available For Rent

      Retail space available for lease in Colorado Springs, CO.
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    • $18 SF/Yr
      513 SF

      Drive-Thru Kiosk in Spring Creek

      Kiosk with drive-thru in growing Spring Creek community.
      1650 S Circle Dr, Colorado Springs, CO 80910
      View Details

    Property Visit Statistics

    • Visits by month
      4.8k
    • Visitors by month
      4.0k
    • Avg Time on site
      10 min
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    Colorado Springs, CO 80910-1167
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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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