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Property profile & analytics
OFF-MARKET
Estimated value
$1,215,000
Motels
3320 Colorado Ave Colorado Springs, CO 80904-1908
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-2696345
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1951
Construction
WOOD FRAME
Total area
4,272 SF
Lot
0.18 ac (7,963 SF)
Zoning code
C5 HS
APN
7403320008
UPID
US13-2696345
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
-
Hotel San Ayre Plumbing Service General Contractor
-
Hoste Lodging Hotel & Motel
-
Jensen Plumbing Colorado Springs Plumbing Service General Contractor
-
Oasis Spa For Men Spa & Massage Center
-
3320 LLC Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.22M
Owner & transaction history
Bc Holdings One LLC · 4 yrs held
Bc Holdings One LLC
since 2021
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
C5 HS · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.6M
+58.9%
Neighborhood: shopping center
$1.1M
+10.1%
Auto repair, garage
$1.1M
+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
$1,185,000
ML approach
$1,165,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,035,000
Current use
COMMERCIAL (GENERAL)
$1,645,000
Change: +59% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,140,000
Change: +10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,050,000
Change: +2% · Conversion: Difficult
MEDICAL BUILDING
$1,030,000
Change: -1% · Conversion: Difficult
OFFICE BUILDING
$910,000
Change: -12% · Conversion: Difficult
WAREHOUSE, STORAGE
$840,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.22M
Range $1.09M – $1.34M · ±10% · vs last sale $1.25M (Aug 10 2021)
Last sale anchor
$1.25M
Aug 10 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
$284 / 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
$1,635
Tax year 2023
Assessed value
$38,210
Assessed 2023
Previous assessed
$38,210
+0.0% YoY
Effective rate
4.28%
On assessed value
Assessed land
$18,000
Assessed improvement
$20,210
Land market value
$64,500
Improvement market value
$72,449
Total market value
$136,949
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
1951
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Stories
2
Units
10
Total area
4,272 SF
Lot
0.18 ac (7,963 SF)
Zoning code
C5 HS
APN
7403320008
UPID
US13-2696345
Jurisdiction
EL PASO
Zoning & alternative use
C5 HS · Colorado Springs, CO
Zoning C5 HS · permitted uses
C5 HS · 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
$1.0M
COMMERCIAL (GENERAL)
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.0M
OFFICE BUILDING
Est. value
$910,000
WAREHOUSE, STORAGE
Est. value
$840,000
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1951
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Stories
2
Units
10
Lot
0.18 ac
Current owner
From public records · entity-resolved
Bc Holdings One LLC
Entity
Mailing address
1477 SALVIA ST, GOLDEN, CO 80401-2827
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2021
$1,250,000
Bc Holdings One LLC
3320 LLC
Warranty Deed
$812,500 · Firstbank
Dec 1, 2020
—
3320 LLC
—
Deed
related
$300,000 · First State Bank
Jul 1, 2020
—
Hotel San Ayre LLC
—
Deed
related
$100,000 · Bank Of The San Juans
Dec 3, 2019
—
3320 LLC
—
Deed
related
$38,000 · Bank Of The San Juans
Feb 21, 2006
—
Hotel San Ayre LLC
Crepeau,michael S & Diana G
Quit Claim Deed
related
—
Feb 21, 2006
$370,000
Michael S Crepeau
Willinger,bonnie M
Warranty Deed
$314,500 · Bonnie M Willinger
—
—
Hotel San Ayre LLC
—
Deed Of Trust
related
$100,000 · Bank Of The San Juans
—
—
Hotel San Ayre LLC
—
Deed Of Trust
related
$621,000 · Canon National Bank
—
—
Hotel San Ayre LLC
—
Deed Of Trust
related
$386,084 · Pikes Peak National 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.
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