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Property profile & analytics
OFF-MARKET
Motels
3920 Nevada Ave Colorado Springs, CO 80907-5321
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US13-1419443
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,427 SF
Lot
0.45 ac (19,520 SF)
Zoning code
C6 NNA
APN
6330100057
UPID
US13-1419443
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
-
Best Inn Motel Hotel & Motel
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
Henderson,jeannie · 19 yrs held
Henderson,jeannie
since 2007
6 recorded transactions
Zoning & alternative use
C6 NNA · 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
$2,696
Tax year 2023
Assessed value
$57,570
Assessed 2023
Previous assessed
$57,570
+0.0% YoY
Effective rate
4.68%
On assessed value
Assessed land
$45,200
Assessed improvement
$12,370
Land market value
$162,016
Improvement market value
$44,341
Total market value
$206,357
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
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FLOOR/WALL FURNACE
Stories
2
Units
21
Total area
5,427 SF
Lot
0.45 ac (19,520 SF)
Zoning code
C6 NNA
APN
6330100057
UPID
US13-1419443
Jurisdiction
EL PASO
Zoning & alternative use
C6 NNA · Colorado Springs, CO
Zoning C6 NNA · permitted uses
C6 NNA · 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
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FLOOR/WALL FURNACE
Stories
2
Units
21
Lot
0.45 ac
Current owner
From public records · entity-resolved
Henderson,jeannie
Individual
Mailing address
3403 VLY HI AVE, COLORADO SPRINGS, CO 80910-2633
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2007
$530,493
Henderson,jeannie
Deputy Public Te Of El Paso Cnty
Trustees Deed
$865,000
Jun 14, 2007
$620,000
Jeannie Henderson
Public Trustee Of El Paso County
Redemption Deed
—
Jun 8, 2007
$539,200
John C Lee
Public Trustee Of El Paso County
Redemption Deed
—
Mar 19, 2007
$530,493
Business Loan Center INC
Deputy Public Te Of El Paso Cnty
Trustees Deed
related
—
Dec 2, 2004
—
Jeannie Henderson
Hall,chong S
Quit Claim Deed
related
—
Dec 8, 2000
$1,050,000
Chong S Hall
Zalewski,edward
Grant Deed
$865,000 · Amresco Independence Funding
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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