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Property profile & analytics
OFF-MARKET
Estimated value
$1,875,000
Motels
3270 Chestnut St Colorado Springs, CO 80907-5014
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-2632722
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1978
Construction
WOOD FRAME
Total area
11,656 SF
Lot
0.62 ac (27,124 SF)
Zoning code
C6
APN
7336105001
UPID
US13-2632722
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
-
Super 8 by Wyndham Colorado Springs/Chestnut Street Hotel & Motel
-
Permanently closed - GetCoins Bitcoin ATM Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.88M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.88M
Owner & transaction history
Vandana LLC · 1 yrs held
Vandana LLC
since 2024
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
C6 · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.1M
+10.1%
Auto repair, garage
$2.9M
+1.7%
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
$1,875,000
ML approach
$1,875,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,825,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,105,000
Change: +10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,870,000
Change: +2% · Conversion: Difficult
MEDICAL BUILDING
$2,805,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$1.88M
Range $1.69M – $2.06M · ±10% · vs last sale $1.88M (Aug 14 2024)
Last sale anchor
$1.88M
Aug 14 2024
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
$161 / 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
$23,003
Tax year 2023
Assessed value
$428,220
Assessed 2023
Previous assessed
$428,220
+0.0% YoY
Effective rate
5.37%
On assessed value
Assessed land
$51,840
Assessed improvement
$376,380
Land market value
$185,799
Improvement market value
$1,349,031
Total market value
$1,534,830
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
1978
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Units
32
Total area
11,656 SF
Lot
0.62 ac (27,124 SF)
Zoning code
C6
APN
7336105001
UPID
US13-2632722
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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.8M
HOTEL/MOTEL Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1978
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
2
Units
32
Lot
0.62 ac
Current owner
From public records · entity-resolved
Vandana LLC
Entity
Mailing address
3270 N CHESTNUT ST, COLORADO SPRINGS, CO 80907-5014
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2024
$1,875,000
Vandana LLC
Wasay LLC
Warranty Deed
$1,406,200 · Enterprise Bank & Trust
Aug 7, 2020
—
Wasay LLC
—
Deed
related
$1,123,000 · Miscellaneous Govt Agcy
Aug 5, 2020
—
Wasay LLC
—
Deed
related
$1,098,780 · First St Bk/co Spgs
Nov 2, 2009
$1,500,000
Wasay LLC
Jack Wojdyla Ents INC
Warranty Deed
$755,216 · Canon National Bank
Dec 10, 2007
$650,000
Jack Wojdyla Ents INC
Jivan,champaklal
Warranty Deed
$530,000 · American Bank Of Commerce
Jan 21, 2000
—
Champakial Jivan
Chamak Enterprises
Quit Claim Deed
related
—
—
—
Chamak Enterprises
—
Deed Of Trust
related
$1,625,000 · Money Store Commercial Mtg
—
—
Wasay LLC
—
Deed Of Trust
related
$1,123,000 · Miscellaneous Govt Agcy
—
—
Wasay LLC
—
Deed Of Trust
related
$1,098,780 · First St Bk/co Spgs
—
—
Champaklal Jivan
—
Deed Of Trust
related
—
—
—
Champak Jivan
—
Deed Of Trust
related
$84,508 · Bve INC
—
—
Wasay LLC
—
Deed Of Trust
related
$434,000 · 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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