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Property profile & analytics
OFF-MARKET
Residential income homes
2820 Colorado Ave Colorado Springs, CO 80904-2444
Entity Owned
4-yr Hold
Property ID
US13-2153336
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1899
Construction
FRAME
Total area
2,171 SF
Lot
0.17 ac (7,200 SF)
Zoning code
C5
APN
7411228013
UPID
US13-2153336
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
-
Dragon’s Den Cards & Games (Bike/Boat/Book/etc) Store Arcade & Gaming Center
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
T C Wolf Enterprises LLC · 4 yrs held
T C Wolf Enterprises LLC
since 2022
Last sale
$320,000
7 recorded transactions
Zoning & alternative use
C5 · 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
$3,161
Tax year 2023
Assessed value
$71,330
Assessed 2023
Previous assessed
$71,330
+0.0% YoY
Effective rate
4.43%
On assessed value
Assessed land
$28,350
Assessed improvement
$42,980
Land market value
$192,400
Improvement market value
$458,058
Total market value
$650,458
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1899
Construction
FRAME
Heating
FORCED AIR
Buildings
3
Stories
2
Units
1
Rooms
8
Bathrooms
2
Total area
2,171 SF
Lot
0.17 ac (7,200 SF)
Zoning code
C5
APN
7411228013
UPID
US13-2153336
Jurisdiction
EL PASO
Zoning & alternative use
C5 · Colorado Springs, CO
Zoning C5 · permitted uses
C5 · 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
1899
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
3
Units
1
Rooms
8
Bathrooms
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
T C Wolf Enterprises LLC
Entity
Mailing address
2820 W COLORADO AVE, COLORADO SPRINGS, CO 80904-2444
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2022
—
T C Wolf Enterprises LLC
Clayton Wolf Tyler
Quit Claim Deed
related
$225,000 · American Bank Of Commerce
Jan 27, 2022
—
Clayton Wolf Tyler
Clayton Wolf Tyler
Intrafamily Transfer
related
—
Sep 26, 2008
—
Stanley Wolf
Wolf Ents INC
Quit Claim Deed
related
—
Aug 3, 2007
$320,000
Wolf Enterprises INC
Brown,joel D & Karrie L
Warranty Deed
$274,231 · Pikes Peak National Bank
Nov 27, 2002
$165,000
Karrie L Brown
Cottle,jon D
Grant Deed
$165,000 · Chase Manhattan Mortgage Corp
—
—
Stanley Wolf
—
Deed Of Trust
related
$4,000 · Lee
—
—
Wolf Ents INC
—
Deed Of Trust
related
$277,392 · Pikes Peak National Bank
—
—
Karrie L Brown
—
Deed Of Trust
related
$199,618 · Finance America
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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