Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,010,000
Motels
2910 Colorado Ave Colorado Springs, CO 80904
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-2697084
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1919
Construction
WOOD FRAME
Total area
427 SF
Lot
0.08 ac (3,600 SF)
Zoning code
C5
APN
7410103024
UPID
US13-2697084
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.12M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.01M
Owner & transaction history
Snjk INC · 3 yrs held
Snjk INC
since 2022
Last sale
$3.1M
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
Method
Estimation
Statistic approach
$2,820,000
ML approach
$3,115,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.01M
Range $2.71M – $3.31M · ±10% · vs last sale $3.05M (Sep 30 2022)
Last sale anchor
$3.05M
Sep 30 2022
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
$7,049 / 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
$331
Tax year 2023
Assessed value
$14,410
Assessed 2023
Previous assessed
$14,410
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$7,830
Assessed improvement
$6,580
Land market value
$28,080
Improvement market value
$23,586
Total market value
$51,666
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
1919
Construction
WOOD FRAME
Heating
ELECTRIC
Buildings
2
Stories
1
Units
1
Rooms
4
Bathrooms
1
Total area
427 SF
Lot
0.08 ac (3,600 SF)
Zoning code
C5
APN
7410103024
UPID
US13-2697084
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
1919
Construction
WOOD FRAME
Heating
ELECTRIC
Stories
1
Buildings
2
Units
1
Rooms
4
Bathrooms
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Snjk INC
Entity
Mailing address
14923 E CRESTRIDGE DR, CENTENNIAL, CO 80015-4207
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
Sep 30, 2022
$3,050,000
Snjk INC
Lb Corporation
Special Warranty Deed
$2,314,000 · Pacific City Bank
Oct 11, 2021
—
Lb Corporation
—
Deed
related
$1,880,000 · Bbcn Bank
Jul 1, 2021
$2,580,000
Lb Corporation
Jh Midas Holdings INC
Special Warranty Deed
$1,880,000 · Bbcn Bank
Oct 22, 2015
$1,600,000
Jh Midas Holdings INC
Chung,billy H
Grant Deed
related
$1,160,000 · Hana Small Busn Lndg
Jun 3, 2005
—
Garden Of The Gods Motel INC
Kania,wojciech J & Sofia
Quit Claim Deed
related
—
Jun 3, 2005
$1,125,000
Billy H Chung
Garden Of The Gods Motel INC
Warranty Deed
$880,000 · Business Loan Center INC
—
—
Billy H Chung
—
Deed Of Trust
related
$1,864,000 · First American State Bank
—
—
Billy H Chung
—
Deed Of Trust
related
$12,562 · First American State Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2910 Colorado Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
