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Property profile & analytics
FOR SALE
Turn key restaurants
410 26Th St Colorado Springs, CO 80904
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-0355563
For Sale
1 / 4
$1,850,000
410 26Th St, Colorado Springs, CO 80904
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1984
Construction
WOOD FRAME
Total area
5,284 SF
Lot
0.71 ac (30,914 SF)
Zoning code
PBC HS
APN
7411310014
UPID
US13-0355563
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.77M
Blend (final)
Blend
$2.24M
Owner & transaction history
3 J 7 B Real Estate LLC · 3 yrs held
3 J 7 B Real Estate LLC
since 2022
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
PBC HS · 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
Method
Estimation
Statistic approach
$2,130,000
ML approach
$2,225,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,310,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,155,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,035,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$2.24M
Range $2.02M – $2.46M · ±10% · vs last sale $2.30M (Aug 31 2022)
Last sale anchor
$2.30M
Aug 31 2022
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
$424 / 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
$10,682
Tax year 2023
Assessed value
$203,330
Assessed 2023
Previous assessed
$203,330
+0.0% YoY
Effective rate
5.25%
On assessed value
Assessed land
$124,630
Assessed improvement
$78,700
Land market value
$446,707
Improvement market value
$282,095
Total market value
$728,802
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
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
1984
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
5,284 SF
Lot
0.71 ac (30,914 SF)
Zoning code
PBC HS
APN
7411310014
UPID
US13-0355563
Jurisdiction
EL PASO
Zoning & alternative use
PBC HS · Colorado Springs, CO
Zoning PBC HS · permitted uses
PBC 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
RESTAURANT Current
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.0M
RESTAURANT Current
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
1984
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
3 J 7 B Real Estate LLC
Entity
Mailing address
612 PARK ST #100, COLUMBUS, OH 43215-1681
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2022
$2,300,000
3 J 7 B Real Estate LLC
Windsor C Yellen
Special Warranty Deed
—
Apr 6, 2021
—
Windsor C Yellen
—
Deed
related
$1,030,286 · Legacy Bank
Jan 10, 2019
—
Windsor C Yellen
—
Deed
related
$418,814 · Legacy Bank
Jul 25, 2017
—
Windsor C Yellen
—
Deed
related
$250,000 · Legacy Bk
Jan 25, 2013
$560,000
Windsor C Yellen
Tv & Av Food Services INC
Warranty Deed
$585,000 · Woltman Rhea A Trust (pt)
Sep 1, 2000
—
Larry Freeland
410 Investments Corp
Quit Claim Deed
related
—
Sep 1, 2000
$570,000
Tv & Av Food Services INC
Freeland,larry
Trustees Deed
$484,000 · Us Bank NA
—
—
Windsor C Yellen
—
Deed Of Trust
related
$824,500 · Legacy Bank
—
—
Windsor C Yellen
—
Deed Of Trust
related
$250,000 · Legacy Bk
—
—
Tv & Av Foods Services INC
—
Deed Of Trust
related
$150,000 · Hanh & Kim Nguyen
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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