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Property profile & analytics
OFF-MARKET
Turn key restaurants
2415 Colorado Ave Colorado Springs, CO 80904-3021
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-0757625
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1915
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,036 SF
Lot
0.08 ac (3,600 SF)
Zoning code
C6
APN
7411233007
UPID
US13-0757625
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
-
Thunder and Buttons II Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
2415 W Colorado LLC · 3 yrs held
2415 W Colorado LLC
since 2022
7 recorded transactions
Zoning & alternative use
C6 · 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
—
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
$11,355
Tax year 2023
Assessed value
$174,860
Assessed 2023
Previous assessed
$174,860
+0.0% YoY
Effective rate
6.49%
On assessed value
Assessed land
$17,730
Assessed improvement
$157,130
Land market value
$63,540
Improvement market value
$563,189
Total market value
$626,729
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1915
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Total area
6,036 SF
Lot
0.08 ac (3,600 SF)
Zoning code
C6
APN
7411233007
UPID
US13-0757625
Jurisdiction
EL PASO
Zoning & alternative use
C6 · Colorado Springs, CO
Zoning C6 · permitted uses
C6 · 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
1915
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
2415 W Colorado LLC
Entity
Mailing address
2415 W COLORADO AVE, COLORADO SPRINGS, CO 80904-3021
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Oct 28, 2022
$1,200,000
2415 W Colorado LLC
Iveyjoffe LLC
Special Warranty Deed
$960,000 · Fred Kershisnik Etal
Sep 15, 2022
—
Colorado 2415 LLC
Edward Arthur Pine
Quit Claim Deed
related
—
Sep 12, 2018
—
Iveyjoffe LLC
—
Deed
related
$457,163 · Academy Bk
Jul 18, 2018
—
Iveyjoffe LLC
—
Deed
related
$457,162 · Academy Bk
Jun 26, 2018
$925,000
Iveyjofee LLC
Colorado 2415 LLC
Warranty Deed
—
Jun 26, 2018
—
Ivey Joffe LLC
—
Deed
related
$822,893 · Academy Bk
Jun 20, 2005
—
Colorado 2415 LLC
Pine,edward A
Quit Claim Deed
related
—
—
—
Ivey Joffe LLC
—
Deed Of Trust
related
$457,162 · Economic & Cmnty Dev Inst
—
—
Iveyjoffe LLC
—
Deed Of Trust
related
$457,162 · Academy Bk
—
—
Iveyjoffe LLC
—
Loan Modification
related
$457,163 · Academy Bk
—
—
Ivey Joffe LLC
—
Deed Of Trust
related
$822,893 · Academy Bk
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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