Technical
Financial
Distress signals
Property profile

24 Hwy 105 Palmer Lake, CO 80133

OFF-MARKET
Turn key restaurants
Property ID
US13-0848220
1,378 SF 0.4 ac lot Built 1902
Individually Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1902
Construction WOOD FRAME
Total area 1,378 SF
Lot 0.4 ac (17,413 SF)
Zoning code CC
APN 7105309015
UPID US13-0848220

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

24 Hwy 105 Palmer Lake, CO 80133
Palmer Lake metro Census 3713 COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$480k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$500k

Owner & transaction history

since 2023
Last sale
$500,000
4 recorded transactions
2023
$500,000
2010
Price N/A
1999
Price N/A
1998
$147,500

Zoning & alternative use

CC · Palmer Lake, CO
Zoning description

The purpose of CC zone is to provide restaurants, service establishments, commercial (business) offices, retail stores, medical and dental clinics offices

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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