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    Property profile & analytics

    2935 Hancock Expy Colorado Springs, CO 80916-2805

    • Drive through restaurants
    • 2,124 SF
    • 0.91 lot acres
    OFF-MARKET
    Value Estimation
    $395,000
    Location Intelligence
    Property ID
    US13-1159333
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Taco Bell / Vegetarian Restaurant / Fast Food Restaurant

    Property Details for 2935 Hancock Expy

    Year built
    2011
    Construction
    WOOD FRAME
    Lot size
    0.91 lot acres
    Property size
    2,124 SF
    Zone code
    PBC AO
    Property type
    Drive through restaurants
    APN
    6435216016
    APU
    6435216016

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.756
    Latitude
    38.7895
    CBSA code
    17820
    CBSA name
    COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,901
    $130,730
    $148,410
    $279,140
    -
    $468,561
    $531,933
    $1,000,494

    Comparable in this City

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      DRIVE-THRU RESTAURANT, FAST FOOD • 5,422 SF
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    • Value Estimation
      $390,000
      3,543 SF

      3255 Academy Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,543 SF
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    • Value Estimation by Request
      6,000 SF

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      DRIVE-THRU RESTAURANT, FAST FOOD • 6,000 SF
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    • Value Estimation
      $455,000
      2,377 SF

      2905 Hancock Expy

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,377 SF
      2905 Hancock Expy, Colorado Springs, CO 80916-2805
      View Details
    • Value Estimation
      $595,000
      1,354 SF

      2302 Academy Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,354 SF
      2302 Academy Blvd, Colorado Springs, CO 80916-2406
      View Details
    • Value Estimation
      $1,840,000
      2,456 SF

      2495 Academy Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,456 SF
      2495 Academy Blvd, Colorado Springs, CO 80916-2407
      View Details

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      Retail space available in a mixed-use redevelopment project.
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    Property Visit Statistics

    • Visits by month
      17.7k
    • Visitors by month
      12.6k
    • Avg Time on site
      13 min
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    2935 Hancock Expy
    Colorado Springs, CO 80916-2805
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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