Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,280,000
Motels
7245 Commerce Ctr Dr Colorado Springs, CO 80919-2635
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-0389072
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
48,976 SF
Lot
1.83 ac (79,715 SF)
Zoning code
PBC/CR HR HS
APN
6307003003
UPID
US13-0389072
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
-
Woodmen Inn Hotel & Motel
-
Spark by Hilton Colorado Springs I 25 Central Hotel & Motel
-
British Swim School at Wingate by Wyndham Swimming School Baby Swimming School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.92M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.28M
Owner & transaction history
7245 Commer Center INC · 2 yrs held
7245 Commer Center INC
since 2023
7 recorded transactions
Zoning & alternative use
PBC/CR HR 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,165,000
6.5%
$2,920,000
7%
$2,710,000
Blend value · Realmo final
$2.28M
Range $2.05M – $2.51M · ±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
$47 / 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
Assessed value
$1,394,610
Assessed 2023
Previous assessed
$1,394,610
+0.0% YoY
Assessed land
$256,870
Assessed improvement
$1,137,740
Land market value
$920,697
Improvement market value
$4,077,912
Total market value
$4,998,609
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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
4
Units
126
Total area
48,976 SF
Lot
1.83 ac (79,715 SF)
Zoning code
PBC/CR HR HS
APN
6307003003
UPID
US13-0389072
Jurisdiction
EL PASO
Zoning & alternative use
PBC/CR HR HS · Colorado Springs, CO
Zoning PBC/CR HR HS · permitted uses
PBC/CR HR HS · 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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
4
Units
126
Lot
1.83 ac
Current owner
From public records · entity-resolved
7245 Commer Center INC
Entity
Mailing address
4308 ST ANDREWS DR, PUEBLO, CO 81001-1165
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2024
—
7245 Commerce Center INC
—
Deed
related
$7,000,000 · Inbankshares Corp
Nov 13, 2023
—
7245 Commerce Center INC
—
Deed
related
$5,000,000 · Avik A Amin Eral
Nov 2, 2023
$8,250,000
7245 Commer Center INC
Friends Hospitality LLC
Special Warranty Deed
—
Dec 11, 2019
$7,615,986
Friends Hospitality LLC
Hit Portfolio I 8pk Co Springs
Grant Deed
$5,000,000 · Bank Of Hope
Jun 16, 2017
—
Hit Portfolio I 8pk Co Springs
Hit Portfolio I Owner LLC
Quit Claim Deed
related
—
Jul 27, 2015
$7,308,500
Arc Hospitality Portfolio I Ow
W2007 Equity Inns Realty LLC
Grant Deed
—
Apr 19, 2007
—
Eqi Financing Ptshp IV
Equity Inns Ptshp
Warranty Deed
—
Aug 29, 2006
—
Eqi Financing Ptshp IV
Equity Inns Ptshp
Warranty Deed
$36,600,000 · Ge Cap Com'l Mtg Corp 2000-1
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7245 Commerce Ctr Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.