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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Motels
605 Peterson Rd Colorado Springs, CO 80915-4001
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US13-0036617
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1983
Construction
WOOD FRAME
Total area
14,829 SF
Lot
1.11 ac (48,482 SF)
Zoning code
CR CAD-O
APN
5408000052
UPID
US13-0036617
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
-
Super 8 by Wyndham Cos/Hwy. 24 E/PAFB Area Hotel & Motel
-
Rollin' Again Auto Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$885k
Comparable Approach
Comparable
$901k
Blend (final)
Blend
$730k
Owner & transaction history
Jh Investment INC · 6 yrs held
Jh Investment INC
since 2019
Last sale
$27,780
7 recorded transactions
Zoning & alternative use
CR CAD-O · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$960,000
6.5%
$885,000
7%
$820,000
Blend value · Realmo final
$730k
Range $657k – $803k · ±10% · vs last sale $28k (Dec 17 2024)
Last sale anchor
$28k
Dec 17 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$49 / 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
$23,665
Tax year 2023
Assessed value
$361,880
Assessed 2023
Previous assessed
$361,880
+0.0% YoY
Effective rate
6.54%
On assessed value
Assessed land
$64,270
Assessed improvement
$297,610
Land market value
$230,375
Improvement market value
$1,066,694
Total market value
$1,297,069
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1983
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
3
Units
40
Total area
14,829 SF
Lot
1.11 ac (48,482 SF)
Zoning code
CR CAD-O
APN
5408000052
UPID
US13-0036617
Jurisdiction
EL PASO
Zoning & alternative use
CR CAD-O · Colorado Springs, CO
Zoning CR CAD-O · permitted uses
CR CAD-O · 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
1983
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
3
Units
40
Lot
1.11 ac
Current owner
From public records · entity-resolved
Jh Investment INC
Entity
Mailing address
605 PETERSON RD, COLORADO SPRINGS, CO 80915-4001
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2019
$2,100,000
Jh Investment INC
Yang Win LLC
Special Warranty Deed
$1,620,000 · Hanmi Bank
Nov 18, 2015
$1,240,000
Yang Win LLC
Pjj Enterprises INC
Warranty Deed
$1,000,000 · Wilshire Bank
Jun 7, 2007
—
Pjj Ents INC
—
Deed Of Trust
related
$1,065,000 · State Bank Of Bartley
Jun 9, 2003
$1,600,000
Pjj Enterprises INC
Bogusz & Jerry Corp
Grant Deed
$200,000 · Business Loan Center INC
Aug 8, 2000
$1,790,000
Boguslaw Bogusz
Sparrow Properties INC
Grant Deed
—
Jun 14, 1999
—
Sparrow Properties INC
Wrobel,jan & Joanne
Grant Deed
related
—
May 4, 1999
$1,660,000
Sparrow Properties INC
Asha Properties INC
Grant Deed
—
—
—
Bogusz & Jerry Corp
—
Deed Of Trust
related
$34,500 · Individual
—
—
Asha Properties INC
—
Deed Of Trust
related
$1,400,000 · Midland Loan Services LP
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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