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Property profile & analytics
OFF-MARKET
Drive through restaurants
520 Cir Dr Colorado Springs, CO 80910-2321
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-2832756
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,047 SF
Lot
0.68 ac (29,805 SF)
Zoning code
PBC
APN
6421102008
UPID
US13-2832756
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
-
Taco star Restaurant
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
520 Taco Star LLC · 3 yrs held
520 Taco Star LLC
since 2023
7 recorded transactions
Zoning & alternative use
PBC · 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
$7,032
Tax year 2023
Assessed value
$136,710
Assessed 2023
Previous assessed
$136,710
+0.0% YoY
Effective rate
5.14%
On assessed value
Assessed land
$70,270
Assessed improvement
$66,440
Land market value
$251,852
Improvement market value
$238,148
Total market value
$490,000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
2,047 SF
Lot
0.68 ac (29,805 SF)
Zoning code
PBC
APN
6421102008
UPID
US13-2832756
Jurisdiction
EL PASO
Zoning & alternative use
PBC · Colorado Springs, COZoning PBC · permitted uses
PBC · Colorado Springs, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
520 Taco Star LLC
Entity
Mailing address
4968 STONEHILL RD, COLORADO SPRINGS, CO 80918-7912
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2023
—
520 Taco Star LLC
Corey J Houger
Special Warranty Deed
—
Apr 6, 2022
$1,285,000
Corey Houger
Brothers & Assoc LLC
Special Warranty Deed
—
Apr 27, 2020
—
Brothers & Assoc LLC
—
Deed
related
$110,000 · Waypoint Bk
Jul 31, 2018
$385,000
Brothers And Assoc LLC
Los Castro Brothers LLC
Special Warranty Deed
$73,816 · Los Castro Brothers LLC
Jan 14, 2015
$335,000
Los Castro Brothers LLC
Deltyn INC
Grant Deed
$175,000 · John C Richert
Mar 17, 2012
$220,000
Deltyn INC
Burrito Funding LLC
Grant Deed
$192,500 · Burrito Funding LLC
Jul 7, 2010
—
Burrito Funding LLC
Deputy Public Te Of El Paso Cnty
Trustees Deed
related
—
Jun 10, 2010
$331,429
Burrito Express LLC
Deputy Public Te Of El Paso Cnty
Certificate Of Purchase
$270,000
Jun 5, 2006
$450,000
Burrito Express LLC
Rujtri Management INC
Warranty Deed
$270,000 · Montegra Capital Resources Ltd
May 31, 2002
$250,000
Rujtri Management INC
Ruizz,j T & Maria C
Quit Claim Deed
related
—
Nov 16, 2001
$250,000
Ruiz J T
Ansari,reza
Grant Deed
$200,000 · Reza Ansari
—
—
Deltyn INC
—
Deed Of Trust
related
$25,000 · Everardo Cornejo
—
—
Brothers & Assoc LLC
—
Deed Of Trust
related
$110,000 · Waypoint Bk
—
—
Reza A Ansari
—
Deed Of Trust
related
$60,000 · Pikes Peak National Bank
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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