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    Property profile & analytics

    404 Manitou Ave Manitou Springs, CO 80829-2303

    • Turn key restaurants
    • 14,842 SF
    • 4.81 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 26, 2024
    $2,400,000
    Location Intelligence
    Property ID
    US13-0338061
    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

    • Turn key restaurants

    Property Details for 404 Manitou Ave

    Year built
    1900
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    4.81 lot acres
    Property size
    14,842 SF
    Zone code
    C
    Property type
    Turn key restaurants
    APN
    7404304006
    APU
    7404304006

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Manitou Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.905
    Latitude
    38.8581
    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
    $41,943
    $146,140
    $446,730
    $592,870
    -
    $523,808
    $1,601,191
    $2,124,999

    Comparable in this City

    • Value Estimation
      $365,000
      1,512 SF

      178 Crystal Park Rd

      RESTAURANT • 1,512 SF
      178 Crystal Park Rd, Manitou Springs, CO 80829-2614
      View Details
    • Value Estimation
      $340,000
      3,402 SF

      26 Manitou Ave

      RESTAURANT • 3,402 SF
      26 Manitou Ave, Manitou Springs, CO 80829-2425
      View Details
    • Value Estimation
      $360,000
      7,570 SF

      953 Manitou Ave

      RESTAURANT • 7,570 SF
      953 Manitou Ave, Manitou Springs, CO 80829-1758
      View Details
    • Value Estimation
      $310,000
      3,331 SF

      934 Manitou Ave Ste, Unit 102

      RESTAURANT • 3,331 SF
      934 Manitou Ave Ste, Manitou Springs, CO 80829-1889
      View Details
    • Value Estimation
      $385,000
      1,084 SF

      964 Manitou Ave

      RESTAURANT • 1,084 SF
      964 Manitou Ave, Manitou Springs, CO 80829-1759
      View Details
    • Value Estimation
      $335,000
      3,322 SF

      730 Manitou Ave

      RESTAURANT • 3,322 SF
      730 Manitou Ave, Manitou Springs, CO 80829-1810
      View Details

    Similar Nearby for Sale

    • $989,000

      Iconic Royal Tavern Bar For Sale

      Iconic Royal Tavern Bar in Manitou Springs for sale.
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      View Details
    • $600,000
      0.24 Acres

      Manitou Avenue Corner Lot

      High-visibility corner lot in the heart of Manitou Springs.
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      Commercial Land For Sale

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    • $74,999

      Crystal Park Mountain View Lot

      Residential lot with mountain views and community amenities.
      357 Big Horn Rd, Manitou Springs, CO 80829
      View Details
    • New
      $450,000
      0.22 Acres

      Manitou Springs Investment Opportunity

      Unique property with main home, cottage, and RV garage.
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    404 Manitou Ave
    Manitou Springs, CO 80829-2303
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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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