Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5101 Cheyenne Mtn Hwy Colorado Springs, CO 80906

    • Hotels
    • 7,273 SF
    • 10.00 lot acres
    OFF-MARKET
    Value Estimations
    $770,000
    Show details
    Cap Rate Potential
    6.1%
    Hotels
    Location Intelligence
    Property ID
    US13-2163327
    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

    • Hotels

    Property Details for 5101 Cheyenne Mtn Hwy

    Year built
    2014
    Construction
    WOOD FRAME
    Lot size
    10.00 lot acres
    Property size
    7,273 SF
    Zone code
    PUD HS
    Property type
    Hotels
    Property subtype
    Motels
    APN
    7511301002
    APU
    7511301002

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $615,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $620,000
      6.5%
      $570,000
      7%
      $530,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.867
    Latitude
    38.7583
    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
    $71,220
    $577,280
    $452,610
    $1,029,890
    -
    $2,069,100
    $1,622,242
    $3,691,342

    Comparable in this City

    • Value Estimation
      $1,305,000
      20,344 SF

      2850 Cir Dr

      MOTEL • 20,344 SF
      2850 Cir Dr, Colorado Springs, CO 80906-4101
      View Details
    • Value Estimation
      $4,445,000
      53,730 SF

      2765 Geyser Dr

      MOTEL • 53,730 SF
      2765 Geyser Dr, Colorado Springs, CO 80906-4025
      View Details
    • Value Estimation
      $2,910,000
      39,448 SF

      2725 Geyser Dr

      MOTEL • 39,448 SF
      2725 Geyser Dr, Colorado Springs, CO 80906-4025
      View Details
    • Value Estimation
      $3,910,000
      62,734 SF

      2910 Geyser Dr

      HOTEL • 62,734 SF
      2910 Geyser Dr, Colorado Springs, CO 80906-4039
      View Details
    • Value Estimation
      $5,120,000
      70,491 SF

      2750 Geyser Dr

      MOTEL • 70,491 SF
      2750 Geyser Dr, Colorado Springs, CO 80906-4025
      View Details
    • Value Estimation
      $31,190,000
      202,623 SF

      1 Lk Ave

      HOTEL • 202,623 SF
      1 Lk Ave, Colorado Springs, CO 80906-4269
      View Details

    Similar Nearby for Sale

    • $399,000
      0.63 Acres

      Land in Prestigious Spires Neighborhood

      Land for sale in Broadmoor's Spires neighborhood with city views.
      6075 Buttermere Dr, Colorado Springs, CO 80906
      View Details
    • $500,000
      0.94 Acres

      Broadmoor Resort Community Land

      Residential land in Broadmoor Resort Community with mountain views.
      667 Silver Oak Grv, Colorado Springs, CO 80906
      View Details
    • $150,000

      Gold Camp Road Mountain Parcel

      0.5 acre parcel with panoramic views and completed groundwork.
      1407 Sunrise Ln, Colorado Springs, CO 80906
      View Details
    • $129,900

      Land with City and Mountain Views

      Land for sale with incredible city and mountain views.
      4365 Kincaid Ct, Colorado Springs, CO 80906
      View Details
    • $185,000
      1.04 Acres

      Residential Land in Broadmoor Bluffs

      A 1.04-acre lot for a custom home with mountain views.
      6358 Farthing Dr, Colorado Springs, CO 80906
      View Details
    • New
      $1,499,800
      0.16 Acres

      Modern Duplex in Colorado Springs

      Move-in ready duplex with finished basement and mountain views.
      145 Terrace Dr, Colorado Springs, CO 80906
      View Details

    Similar Nearby for Lease

    • $45 SF/Yr
      59,485 SF

      Cheyenne Hills Retail Center

      Prime Colorado Springs Retail Space
      445 Cheyenne Rd, Colorado Springs, CO 80906
      View Details
    • $19 SF/Yr
      1,134 SF

      Colorado Springs Office Suite

      Modern, renovated office space available.
      1257 Lake Plaza Dr, Colorado Springs, CO 80906
      View Details
    • $30 SF/Yr
      7,736 SF

      Cheyenne Mountain Retail Space

      Prime Retail Space, I-25 Access
      1783 Cheyenne Mountain Blvd, Colorado Springs, CO 80906
      View Details
    • $24 SF/Yr
      34,992 SF

      Star Ranch Plaza: Retail Opportunity

      Colorado Springs retail center, multiple suites available.
      3625 Star Ranch Rd, Colorado Springs, CO 80906
      View Details
    • $15 SF/Yr
      15,425 SF

      Lake Pointe Medical Office Space

      Colorado Springs medical office building, two suites available.
      2620 Tenderfoot Hill St, Colorado Springs, CO 80906
      View Details
    • $12 SF/Yr
      1,774 SF

      Remodeled Office Space Available

      Conveniently located office space with modern amenities and easy access.
      2860 S Circle Dr, Colorado Springs, CO 80906
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5101 Cheyenne Mtn Hwy
    Colorado Springs, CO 80906
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.