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    Property profile & analytics

    5945 Academy Blvd Colorado Springs, CO 80918-3447

    • Drive through restaurants
    • 1,261 SF
    • 0.45 lot acres
    OFF-MARKET
    Value Estimation
    $11,710,000
    Last Sale
    May 16, 2022
    $12,150,000
    Location Intelligence
    Property ID
    US13-0641573
    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

    • Viva El Taco Mexican Food / Latin American Restaurant / Mexican Torta Restaurant

    Property Details for 5945 Academy Blvd

    Year built
    1988
    Construction
    WOOD FRAME
    Lot size
    0.45 lot acres
    Property size
    1,261 SF
    Zone code
    C5 P
    Property type
    Drive through restaurants
    APN
    6316301030
    APU
    6316301030

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $11,245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $13,075,000
      6.5%
      $13,390,000
      7%
      $12,710,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $13,030,000
      Geo Method
      $13,790,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $13,665,000
      Retail
      $14,050,000
      Mixed-Use
      $10,750,000
      Hospitality
      $13,285,000
      Educational
      $11,415,000
      Residential Income
      $14,395,000
      Energy
      $13,715,000
      Income-Based Land
      $11,700,000
      Food Service
      $12,555,000

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.786
    Latitude
    38.9172
    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
    $5,347
    $83,460
    $22,510
    $105,970
    -
    $299,151
    $80,676
    $379,827

    Comparable in this City

    • Value Estimation
      $385,000
      2,828 SF

      4195 Academy Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,828 SF
      4195 Academy Blvd, Colorado Springs, CO 80918-6621
      View Details
    • Value Estimation
      $4,245,000
      2,208 SF

      4494 Austin Blfs Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,208 SF
      4494 Austin Blfs Pkwy, Colorado Springs, CO 80918-2934
      View Details
    • Value Estimation
      $615,000
      2,372 SF

      4310 Academy Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,372 SF
      4310 Academy Blvd, Colorado Springs, CO 80918-6622
      View Details
    • Value Estimation
      $1,875,000
      2,860 SF

      2455 Montebello Sq Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,860 SF
      2455 Montebello Sq Dr, Colorado Springs, CO 80918-1946
      View Details
    • Value Estimation
      $375,000
      2,639 SF

      5710 Academy Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,639 SF
      5710 Academy Blvd, Colorado Springs, CO 80918-3666
      View Details
    • Value Estimation
      $425,000
      1,200 SF

      4457 Austin Blfs Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,200 SF
      4457 Austin Blfs Pkwy, Colorado Springs, CO 80918-2943
      View Details

    Similar Nearby for Sale

    • $2,200,000
      2,800 SF

      Restaurant/Retail Property on Academy Boulevard

      Single-tenant retail/restaurant with drive-thru potential on 0.78 acres.
      2455 Montebello Square Dr, Colorado Springs, CO 80918
      View Details
    • Contact for pricing
      1,296 SF

      Former Restaurant on High-Traffic Parkway

      Former drive-through restaurant on 0.82 acres available for sale.
      4457 Austin Bluffs Pkwy, Colorado Springs, CO 80918
      View Details
    • $2,390,000
      5,000 SF

      Colorado Springs Restaurant Complex

      Turnkey Restaurant & Co-op Kitchen
      4621 Austin Bluffs Pkwy, Colorado Springs, CO 80918
      View Details
    • $2,200,000

      Turnkey Commercial Kitchen For Sale

      Turnkey commercial property with co-op kitchen and retail space.
      4621 Austin Bluffs Pkwy, Colorado Springs, CO 80918
      View Details
    • $3,290,310
      13,221 SF

      Redevelopment Opportunity in High-Traffic Corridor

      Commercial property with redevelopment potential in a fast-growing market.
      1850 Dominion Way, Colorado Springs, CO 80918
      View Details
    • Contact for pricing
      2,448 SF

      Prime QSR Location - Colorado Springs

      Vacant KFC, Drive-Thru, High Traffic
      3775 Austin Bluffs Pkwy, Colorado Springs, CO 80918
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,850 SF

      Drive-Thru Restaurant Opportunity

      Second-generation QSR with drive-thru in high-traffic area.
      3220 Austin Bluffs Pkwy, Colorado Springs, CO 80918
      View Details
    • Contact for pricing
      3,000 SF

      Endcap Drive-Thru Bank Site

      Endcap drive-thru bank site for lease in Colorado Springs.
      5190 N Academy Blvd, Colorado Springs, CO 80918
      View Details
    • $22 SF/Yr
      15,860 SF

      Dublin Village Office Space

      Colorado Springs Retail & Office Opportunity
      1704 Dublin Blvd, Colorado Springs, CO 80918
      View Details
    • $12 SF/Yr
      2,688 SF

      Colorado Springs Retail/Office Space

      Renovated retail/office building in central Colorado Springs.
      5604-5676 N Union Blvd, Colorado Springs, CO 80918
      View Details
    • $12 SF/Yr
      4,095 SF

      Retail Space in Austin Bluffs

      Retail space available in a prominent shopping center.
      4160-4174 Austin Bluffs Pkwy, Colorado Springs, CO 80918
      View Details
    • $16 SF/Yr
      2,278 SF

      Retail Space on Lehman Drive

      Prime commercial space with high visibility and ample parking.
      6217 Lehman Dr, Colorado Springs, CO 80918
      View Details

    Property Visit Statistics

    • Visits by month
      13.0k
    • Visitors by month
      10.4k
    • Avg Time on site
      10 min
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    5945 Academy Blvd
    Colorado Springs, CO 80918-3447
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    Realmo Value Estimation

    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.

    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.

    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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