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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    555 Airport Crk Pt Colorado Springs, CO 80916-1665

    • Hotels
    • 42,817 SF
    • 1.85 lot acres
    OFF-MARKET
    Value Estimations
    $3,670,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-0521787
    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

    • WoodSpring Suites Colorado Springs Airport / Hotel & Motel / Vacation Rental
    • Toneys jamaican cuisine Colorado Springs / Restaurant
    • Extended Stay America Select Suites - Colorado Springs - Airport / Hotel & Motel / Vacation Rental

    Property Details for 555 Airport Crk Pt

    Year built
    2007
    Construction
    WOOD FRAME
    Lot size
    1.85 lot acres
    Property size
    42,817 SF
    Zone code
    PBC AO
    Property type
    Hotels
    APN
    6424101007
    APU
    6424101007

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,475,000
      6.5%
      $4,130,000
      7%
      $3,835,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.728
    Latitude
    38.8234
    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
    $43,487
    $110,840
    $748,290
    $859,130
    -
    $656,776
    $4,434,071
    $5,090,847

    Comparable in this City

    • Value Estimation
      $4,175,000
      59,693 SF

      1570 Newport Rd

      HOTEL • 59,693 SF
      1570 Newport Rd, Colorado Springs, CO 80916-2744
      View Details
    • Value Estimation
      $4,060,000
      57,337 SF

      1530 Newport Rd

      HOTEL • 57,337 SF
      1530 Newport Rd, Colorado Springs, CO 80916-2744
      View Details
    • Value Estimation
      $9,730,000
      13,087 SF

      2875 Zeppelin Rd

      HOTEL • 13,087 SF
      2875 Zeppelin Rd, Colorado Springs, CO 80916-4306
      View Details
    • Value Estimation
      $6,550,000
      68,217 SF

      2035 Aerotech Dr

      HOTEL • 68,217 SF
      2035 Aerotech Dr, Colorado Springs, CO 80916-4202
      View Details
    • Value Estimation
      $2,390,000
      29,240 SF

      1780 Aeroplaza Dr

      MOTEL • 29,240 SF
      1780 Aeroplaza Dr, Colorado Springs, CO 80916-3801
      View Details
    • Value Estimation
      $3,080,000
      39,390 SF

      2077 Aerotech Dr

      MOTEL • 39,390 SF
      2077 Aerotech Dr, Colorado Springs, CO 80916-4202
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.11 Acres

      Colorado Springs Commercial Land

      Prime Airport Submarket Retail Pads
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      View Details
    • $295,000
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      Academy Blvd Commercial Land

      .72-acre commercial lot, prime location
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      4.86 Acres

      South Academy Blvd Commercial Land

      Prime 4.86-acre development site in Colorado Springs.
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      1.70 Acres

      Peak Innovation Park Land Sites

      Colorado Springs Commercial Land - Sale/Lease
      0 Swc Milton Proby Pkwy & Cresterra Pkwy, Colorado Springs, CO 80916
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      1.11 Acres

      Colorado Springs Retail Land

      Prime Airport Submarket Pads, Utilities On-Site
      0 Nec Fountain Blvd & Aeroplaza Dr, Colorado Springs, CO 80916
      View Details
    • $943,800
      1.43 Acres

      Colorado Springs Industrial Land

      1.43-acre industrial lot, prime location.
      5740 Industrial Pl, Colorado Springs, CO 80916
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Prime Retail Land: Powers & Aeroplaza

      High-visibility, flexible-zoned retail lot.
      0 Aeroplaza Dr & Powers Blvd, Colorado Springs, CO 80916
      View Details
    • $11 SF/Yr
      50,550 SF

      Classic Colorado Springs Warehouse

      12,654 SF Warehouse Space Available
      1835-1853 Murray Blvd, Colorado Springs, CO 80916
      View Details
    • $10 SF/Yr
      52,130 SF

      Southeast El Paso County Warehouse

      Modern Warehouse Space Available Now
      1525-1589 Vapor Trl, Colorado Springs, CO 80916
      View Details
    • Contact for pricing
      265,436 SF

      Triumph Logistics Center: Prime Distribution Space

      Class A Distribution Center; 50,000 - 265,436 SF available.
      350 Troy Hill Rd, Colorado Springs, CO 80916
      View Details
    • $12 SF/Yr
      6,800 SF

      Secure Facility with Unique Amenities

      Modern office space featuring workout room, climbing wall, and high ceilings.
      2005 Aeroplaza Dr, Colorado Springs, CO 80916
      View Details
    • $16 SF/Yr
      1,040 SF

      North Academy Boulevard Office Space

      Highly visible office suite with reception, offices, and kitchenette.
      2133-2141 N Academy Blvd, Colorado Springs, CO 80916
      View Details

    Property Visit Statistics

    • Visits by month
      8.2k
    • Visitors by month
      1.0k
    • Avg Time on site
      582 min
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    555 Airport Crk Pt
    Colorado Springs, CO 80916-1665
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    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
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