Property profile

4415 Nevada Ave Colorado Springs, CO 80907

OFF-MARKET
Other car washes
Property ID
US13-2393318
7,272 SF 1.52 ac lot Built 1987
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property consists of approximately a 1.52-acre site at a signalized hard corner located at the intersection of N Nevada Ave and Garden of the Gods Rd. It is situated along the North Nevada corridor and is characterized by prominent intersection frontage and strong vehicular traffic flow. The land is designated for redevelopment and is zoned MX-M/CR, which allows a range of uses including retail, QSR pad development, mixed-use, and multifamily concepts. The site is positioned near the University Village (anchored by Costco) and the Garden of the Gods employment corridor, and it provides convenient access to UCCS and major arterial roadways.

Property profile

Verified
Property type Other car washes
Use group CAR WASH - AUTOMATED
Year built 1987
Construction WOOD FRAME
Total area 7,272 SF
Lot 1.52 ac (66,211 SF)
Zoning code PBC/CR
APN 6330102026
UPID US13-2393318

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash
  • Atm

Location

4415 Nevada Ave Colorado Springs, CO 80907-4309
Colorado Springs metro Census 203 COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.88M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.18M
Blend (final) Blend
$1.85M

Owner & transaction history

since 2022
Last sale
$2.0M
6 recorded transactions
2022
$2.0M
1999
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

PBC/CR · Colorado Springs, CO
Top alternative use upside
Restaurant $3.2M +77.8%
Apartment house (5+ units) $3.0M +65.8%
Commercial (general) $2.8M +56.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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