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Property profile & analytics
OFF-MARKET
Estimated value
$7,895,000
Hotels
5580 Tech Ctr Dr Colorado Springs, CO 80919-2308
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US13-1206117
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1988
Construction
STEEL FRAME
Total area
199,901 SF
Lot
9.77 ac (425,581 SF)
Zoning code
PBC/CR HS
APN
6318303005
UPID
US13-1206117
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
-
The Ascent Restaurant and Bar Restaurant
-
Paladora Bar & Pub
-
Medical Cannabis Health Givers Alternative Medicine Practice
-
420 Dabstars Alternative Medicine Practice
-
Colorado Springs Marriott Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.90M
Owner & transaction history
I Pco · 20 yrs held
I Pco
since 2006
4 recorded transactions
Zoning & alternative use
PBC/CR HS · 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
$39 / SF
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
$278,241
Tax year 2023
Assessed value
$4,454,050
Assessed 2023
Previous assessed
$4,454,050
+0.0% YoY
Effective rate
6.25%
On assessed value
Assessed land
$629,310
Assessed improvement
$3,824,740
Land market value
$2,255,579
Improvement market value
$13,708,750
Total market value
$15,964,329
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1988
Construction
STEEL FRAME
Heating
HOT WATER
Stories
9
Units
310
Total area
199,901 SF
Lot
9.77 ac (425,581 SF)
Zoning code
PBC/CR HS
APN
6318303005
UPID
US13-1206117
Jurisdiction
EL PASO
Zoning & alternative use
PBC/CR HS · Colorado Springs, COZoning PBC/CR HS · permitted uses
PBC/CR HS · 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
1988
Construction
STEEL FRAME
Heating
HOT WATER
Stories
9
Units
310
Lot
9.77 ac
Current owner
From public records · entity-resolved
I Pco
Individual
Mailing address
5580 TECH CTR DR, COLORADO SPRINGS, CO 80919-2308
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2017
—
Colorado Springs Hotel Owener LLC
—
Deed
related
$25,735,000 · Jpmorgan Chase Bank NA
Feb 16, 2006
$14,740,000
I Pco
Thi IV Colorado Springs LLC
Grant Deed
$20,895,000 · Anglo Irish Bank Corp Plc
Oct 19, 2004
$5,321,000
Thi IV Colorado Springs LLC
Ihc Realty Ptshp
Grant Deed
$16,100,000 · Barclays Capital R/e INC
—
—
Pco I LP
—
Deed Of Trust
related
$16,249,000 · Goldman Sachs Bk USA
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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