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Property profile & analytics
OFF-MARKET
Estimated value
$2,610,000
Motels
2625 Ore Ml Rd Colorado Springs, CO 80904-3158
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-0941683
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1983
Construction
WOOD FRAME
Total area
22,068 SF
Lot
1.89 ac (82,328 SF)
Zoning code
C5 HS P
APN
7411310015
UPID
US13-0941683
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
-
ATM Atm
-
Rodeway Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.61M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.61M
Owner & transaction history
Parker Place LLC · 1 yrs held
Parker Place LLC
since 2025
Last sale
$2.7M
6 recorded transactions
Zoning & alternative use
C5 HS P · 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
$2,520,000
ML approach
$2,605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.61M
Range $2.35M – $2.87M · ±10% · vs last sale $2.66M (Apr 14 2021)
Last sale anchor
$2.66M
Apr 14 2021
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
$118 / 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
$25,179
Tax year 2023
Assessed value
$467,940
Assessed 2023
Previous assessed
$467,940
+0.0% YoY
Effective rate
5.38%
On assessed value
Assessed land
$150,450
Assessed improvement
$317,490
Land market value
$539,248
Improvement market value
$1,137,955
Total market value
$1,677,203
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1983
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
49
Total area
22,068 SF
Lot
1.89 ac (82,328 SF)
Zoning code
C5 HS P
APN
7411310015
UPID
US13-0941683
Jurisdiction
EL PASO
Zoning & alternative use
C5 HS P · Colorado Springs, CO
Zoning C5 HS P · permitted uses
C5 HS P · 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
1983
Construction
WOOD FRAME
Heating
NONE
Stories
2
Units
49
Lot
1.89 ac
Current owner
From public records · entity-resolved
Parker Place LLC
Entity
Mailing address
7201 E 36TH AVE, DENVER, CO 80207-1606
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2025
$2,300,000
Parker Place LLC
Shrihari Hospitality INC
Warranty Deed
$2,034,800 · Air Academy FCU
Apr 14, 2021
$2,655,000
Shrihari Hospitality INC
Rk Hospitality LLC
Special Warranty Deed
—
Jun 9, 2014
—
Mosiur Rahman
Interstate Hospitality LLC
Quit Claim Deed
related
—
Jun 9, 2014
$2,295,000
Rk Hospitality LLC
Rahman,mosiur
Grant Deed
$1,170,250 · First St Bk/co Spgs
Jul 21, 2009
$1,645,000
Interstate Hospitality LLC
Raintree Inn INC
Warranty Deed
$1,566,000 · Excel National Bank
—
—
Rk Hospitality LLC
—
Deed Of Trust
related
$688,000 · Pikes Peak Regional Dev Corp
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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