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Property profile & analytics
OFF-MARKET
Estimated value
$1,035,000
Motels
650 Champlin Dr Fountain, CO 80817-4010
Entity Owned
5-yr Hold
Free & Clear
Property ID
US13-2775717
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1972
Construction
WOOD FRAME
Total area
2,900 SF
Lot
1.84 ac (80,150 SF)
Zoning code
I-1
APN
5607203008
UPID
US13-2775717
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
-
OYO Hotel Fountain CO US-85 Hotel & Motel Bed & Breakfast
-
Fountain Inn Hotel & Motel
-
Sydow AutoGlass Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.01M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$1.04M
Owner & transaction history
Lk Investment INC · 5 yrs held
Lk Investment INC
since 2020
Last sale
$930,000
6 recorded transactions
Zoning & alternative use
I-1 · Fountain, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$980,000
+24.2%
Neighborhood: shopping center
$800,000
+1.5%
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 Fountain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fountain 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
$1,150,000
ML approach
$1,005,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$790,000
Current use
COMMERCIAL (GENERAL)
$980,000
Change: +24% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$800,000
Change: +1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$785,000
Change: -1% · Conversion: Difficult
MEDICAL BUILDING
$705,000
Change: -11% · Conversion: Difficult
RETAIL STORES
$680,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.04M
Range $932k – $1.14M · ±10% · vs last sale $930k (Aug 28 2020)
Last sale anchor
$930k
Aug 28 2020
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
$357 / 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
$8,843
Tax year 2023
Assessed value
$157,320
Assessed 2023
Previous assessed
$157,320
+0.0% YoY
Effective rate
5.62%
On assessed value
Assessed land
$86,090
Assessed improvement
$71,230
Land market value
$308,578
Improvement market value
$255,304
Total market value
$563,882
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
1972
Construction
WOOD FRAME
Heating
FORCED AIR
Buildings
3
Stories
1
Units
11
Total area
2,900 SF
Lot
1.84 ac (80,150 SF)
Zoning code
I-1
APN
5607203008
UPID
US13-2775717
Jurisdiction
EL PASO
Zoning & alternative use
I-1 · Fountain, CO
Zoning I-1 · permitted uses
I-1 · Fountain, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fountain. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$790,000
COMMERCIAL (GENERAL)
Est. value
$980,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$800,000
AUTO REPAIR, GARAGE
Est. value
$785,000
MEDICAL BUILDING
Est. value
$705,000
RETAIL STORES
Est. value
$680,000
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1972
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
1
Buildings
3
Units
11
Lot
1.84 ac
Current owner
From public records · entity-resolved
Lk Investment INC
Entity
Free & Clear · 5 yrs held
Mailing address
650 CHAMPLIN DR, FOUNTAIN, CO 80817-4010
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2020
—
Lk Investment INC
K & S INC
Grant Deed
—
Aug 6, 2019
—
K & S INC
—
Trustees Deed
related
$550,000 · Bank Of Co
Nov 16, 2016
$80,000
K&s INC
Fountain Inn INC
Warranty Deed
$514,000 · Hanmi Bank
Nov 16, 2016
—
Fountain Inn INC
Kim,moon S & Soon H
Warranty Deed
—
Aug 14, 2012
—
Fountain Inn INC
Kim,moon S & Soon H
Quit Claim Deed
related
—
Jun 7, 2005
$630,000
Moon S Kim
Rite-a-way Industries INC
Warranty Deed
$500,000 · Premier Bank
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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