Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8282 E Colfax Ave Denver, CO 80220
    Back to Search
    Property profile & analytics

    8282 E Colfax Ave, Denver, CO 80220

    View on Map

    • Motels
    • 7,088 SF
    • 0.28 lot acres
    Denver Hotel Redevelopment Opportunity For Sale
    $1,399,999
    0.28 Acres

    Denver Hotel Redevelopment Opportunity

    Hotel/Motel with redevelopment potential on the East Colfax corridor.

    8282 E Colfax Ave, Denver, CO 80220
    View Listing
    Property ID
    US13-0272923
    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.

    Value Estimations
    Cap Rate Potential
    4.4%
    Motels
    Location Intelligence

    Current Use by Public Records

    • Reese's / Hotel & Motel
    • REGIS MOTEL / Hotel & Motel

    Property Details for 8282 E Colfax Ave

    Year built
    1954
    Construction
    WOOD
    Lot size
    0.28 lot acres
    Zone code
    E-MS-3
    Property type
    Motels
    APN
    06041-07-017-000
    APU
    604107017000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 23, 2023 $1,500,000 G And E LLC Regis Motel LLC Special Warranty Deed $500k · Capital Fund I LLC
    Jun 3, 2019 $1,300,000 Regis Motel LLC Myong Lee Warranty Deed $1M · Open Bank
    Jun 3, 2019 Myong J Lee Regis Motel Corp Quit Claim Deed · related
    May 18, 2017 Myong Lee Regis Motel Corp Quit Claim Deed · related
    Apr 10, 2015 $440,000 Regis Motel Corp Martinez Toby & Tracey Grant Deed $190k · Toby & Tracey Martinez
    Jul 5, 2007 Toby Martinez Martinez,toby Quit Claim Deed · related $327k · Bank Of The West
    Mar 21, 2002 Toby Martinez Grossjung,eric Quit Claim Deed · related
    Aug 1, 2001 $320,000 Toby Martinez New Vega Enterprises Ltd Grant Deed $267k · Merchants Mortgage & Trust
    Toby Martinez Deed Of Trust · related $101k · Bank Of The West
    Sung H Kim Deed Of Trust · related $137k · World Savings Bank
    Toby Martinez Deed Of Trust · related $274k · Commercial Federal Bank
    Toby Martinez Deed Of Trust · related $257k · Commercial Federal Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,250,000
      ML approach
      $1,280,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $910,000
      6.5%
      $840,000
      7%
      $780,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,169,000
      Market price range: $1.10M - $2.75M
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $1,710,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,900,000
      Change: +11% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.892
    Latitude
    39.7399
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, 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
    $17,578
    $93,740
    $133,110
    $226,850
    -
    $366,000
    $477,100
    $843,100
    View Listing
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message