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Property profile & analytics
OFF-MARKET
Estimated value
$1,435,000
Motels
6450 Corporate Dr Colorado Springs, CO 80919-5900
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US13-0334869
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1996
Construction
WOOD FRAME
Total area
31,073 SF
Lot
1.9 ac (82,764 SF)
Zoning code
PBC HS UV SS
APN
6318102016
UPID
US13-0334869
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
-
Comfort Inn North - Air Force Academy Area Hotel & Motel
-
Pro Rodeo Hall of Fame Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.86M
Comparable Approach
Comparable
$1.78M
Blend (final)
Blend
$1.44M
Owner & transaction history
Sams Hotel Group LLC · 9 yrs held
Sams Hotel Group LLC
since 2017
7 recorded transactions
Zoning & alternative use
PBC HS UV SS · 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%
$2,005,000
6.5%
$1,855,000
7%
$1,720,000
Blend value · Realmo final
$1.44M
Range $1.29M – $1.58M · ±10%
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
$46 / 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
$44,245
Tax year 2023
Assessed value
$715,310
Assessed 2023
Previous assessed
$715,310
+0.0% YoY
Effective rate
6.19%
On assessed value
Assessed land
$247,080
Assessed improvement
$468,230
Land market value
$885,575
Improvement market value
$1,678,258
Total market value
$2,563,833
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
1996
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
4
Units
70
Total area
31,073 SF
Lot
1.9 ac (82,764 SF)
Zoning code
PBC HS UV SS
APN
6318102016
UPID
US13-0334869
Jurisdiction
EL PASO
Zoning & alternative use
PBC HS UV SS · Colorado Springs, CO
Zoning PBC HS UV SS · permitted uses
PBC HS UV SS · 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
1996
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
4
Units
70
Lot
1.9 ac
Current owner
From public records · entity-resolved
Sams Hotel Group LLC
Entity
Mailing address
3526 OAK MDW DR, COLORADO SPRINGS, CO 80920-2404
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2017
—
Sams Hotel Group LLC
—
Deed
related
$1,532,000 · Miscellaneous Govt Agcy
Jul 14, 2017
$4,250,000
Sams Hotel Group LLC
Horizon Hotel Group LLC
Grant Deed
$2,152,500 · First St Bk/co Spgs
Jul 14, 2017
—
Horizon Hotel Group LLC
Horizon Hotel Group LLC
Quit Claim Deed
related
—
Nov 9, 2012
$2,000,000
Horizon Hotel Group LLC
Cliff Pointe Hospitality Group LLC
Warranty Deed
$1,199,420 · First State Bank Of Colorado Spring
May 16, 2002
$3,389,200
Cliff Pointe Hospitality Group
Mendez Trust
Grant Deed
$2,916,296 · Western National Bank
May 2, 2001
$3,200,000
Mendez Trust
El Paso Hospitality Group LLC
Grant Deed
$1,600,000 · Cit Lending Services Corp
—
—
Horizon Hotel Group LLC
—
Deed Of Trust
related
$862,000 · Pikes Peak Regional Dev Corp
—
—
Mendez Trust
—
Deed Of Trust
related
$1,154,000 · Community Economic Dev Co
—
—
Sams Hotel Group LLC
—
Deed Of Trust
related
$1,532,000 · Miscellaneous Govt Agcy
—
—
Cliff Pointe Hospitality Group
—
Deed Of Trust
related
$1,300,000 · Pikes Peak Regional Dev Corp
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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