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Property profile & analytics
OFF-MARKET
Bowling alleys
5530 Us Hwy 85th 87 Colorado Springs, CO 80911-1456
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US13-2532925
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,543 SF
Lot
1.84 ac (80,150 SF)
Zoning code
CC
APN
6514100025
UPID
US13-2532925
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Avatar Fountain LP · 7 yrs held
Avatar Fountain LP
since 2019
7 recorded transactions
Zoning & alternative use
CC · 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
$16,413
Tax year 2023
Assessed value
$128,920
Assessed 2023
Previous assessed
$128,920
+0.0% YoY
Effective rate
12.73%
On assessed value
Assessed land
$98,390
Assessed improvement
$30,530
Land market value
$352,660
Improvement market value
$109,429
Total market value
$462,089
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
Bowling alleys
Use group
BOWLING ALLEY
Status
Off-Market
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
11,543 SF
Lot
1.84 ac (80,150 SF)
Zoning code
CC
APN
6514100025
UPID
US13-2532925
Jurisdiction
EL PASO
Zoning & alternative use
CC · Colorado Springs, CO
Zoning CC · permitted uses
CC · 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.
Building & site characteristics
From public records
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.84 ac
Current owner
From public records · entity-resolved
Avatar Fountain LP
Entity
Mailing address
6800 JERICHO TPKE STE #120, SYOSSET, NY 11791-4436
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2019
$300,000
Avatar Fountain LP
Cascade Property LLC
Grant Deed
$1,550,000 · Fountain Valley Holdings LLC
Oct 9, 2017
—
Fountain Cascade Holdings LLC
—
Trustees Deed
related
$420,000 · Avatar Fountain LP
Sep 14, 2017
—
Fountain Cascade Property LLC
South Nevada Properties LLC
Deed In Lieu Of Foreclosure
related
—
Jul 20, 2017
—
Fountain Cascade Property LLC
South Nevada Properties LLC
Deed In Lieu Of Foreclosure
related
—
Jun 29, 2017
—
South Nevada Properties LLC
—
Deed
related
$350,000 · Alpern Myers Stuart LLC
Aug 24, 2015
$250,000
South Nevada Properties LLC
Bowling Alley Property LLC
Warranty Deed
$271,354 · Charles R C Roth
Jan 21, 2015
—
Bowling Alley Property LLC
Pastuer Joseph M
Grant Deed
—
Mar 30, 2011
—
Joseph M Pastuer
Deputy Public Te Of El Paso Cnty
Trustees Deed
related
—
Mar 3, 2011
$259,026
Valley Bowl LLC
Deputy Public Te Of El Paso Cnty
Certificate Of Purchase
$215,000
Oct 28, 2009
—
Valley Bowl LLC
—
Trustees Deed
related
$215,000 · Joseph M Pastuer
Oct 27, 2009
—
Valley Bowl LLC
—
Trustees Deed
related
$215,000 · Joseph M Pastuer
Mar 4, 2009
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Jul 21, 2008
$450,000
Valley Bowl LLC
Newman,b
Warranty Deed
—
May 23, 2005
—
B Newman
Elfretel Dev Corp
Quit Claim Deed
related
—
—
—
South Nevada Properties LLC
—
Deed Of Trust
related
$350,000 · Private Individual
—
—
South Nevada Properties LLC
—
Deed Of Trust
related
$350,000 · Alpern Myers Stuart LLC
—
—
Valley Bowl LLC
—
Deed Of Trust
related
$105,000 · Herb Walsh
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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