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Property profile & analytics
OFF-MARKET
Estimated value
$1,195,000
Auto shops
8320 Razorback Rd, Colorado Springs, CO 80920-3953
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-0449712
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,794 SF
Lot
0.75 ac (32,770 SF)
Zoning code
PBC CU
APN
6305104006
UPID
US13-0449712
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
-
Chris Sutherland - State Farm Insurance Agent Insurance Agency
-
Sweet Spot Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.21M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.20M
Owner & transaction history
Ccs Property LLC · 3 yrs held
Ccs Property LLC
since 2023
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
PBC CU · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+56.3%
Neighborhood: shopping center
$745,000
+8.3%
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
$1,170,000
ML approach
$1,205,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,075,000
Change: +56% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$745,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$1.20M
Range $1.08M – $1.31M · ±10% · vs last sale $1.20M (Mar 6 2023)
Last sale anchor
$1.20M
Mar 6 2023
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
$428 / 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
$9,398
Tax year 2023
Assessed value
$158,540
Assessed 2023
Previous assessed
$158,540
+0.0% YoY
Effective rate
5.93%
On assessed value
Assessed land
$150,860
Assessed improvement
$7,680
Land market value
$540,705
Improvement market value
$27,521
Total market value
$568,226
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Total area
2,794 SF
Lot
0.75 ac (32,770 SF)
Zoning code
PBC CU
APN
6305104006
UPID
US13-0449712
Jurisdiction
EL PASO
Zoning & alternative use
PBC CU · Colorado Springs, CO
Zoning PBC CU · permitted uses
PBC CU · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$745,000
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Ccs Property LLC
Entity
Mailing address
16062 TIMBER MDW DR, COLORADO SPRINGS, CO 80908-2080
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2023
$1,200,000
Ccs Property LLC
Keysar Properties LLC
Special Warranty Deed
$800,000 · Keystar Properties LLC
Jun 16, 2010
$480,000
Keysar Properties LLC
Econo Lube N Tune INC
Warranty Deed
$560,000 · Umb Bank Colorado
Oct 22, 2008
—
Econo-lube N Tune INC
—
Deed Of Trust
related
$32,000,000 · General Electric Capital Corp
Nov 1, 2001
—
Econo Lube N Tune INC
Tnc Holdings Ltd
Quit Claim Deed
related
—
—
—
Econo Lube Ntune INC
—
Deed Of Trust
related
$600,000 · Econo Lube Ntune INC
—
—
Keysar Properties LLC
—
Deed Of Trust
related
$215,000 · Colorado Lending Source Ltd
—
—
Keysar Properties LLC
—
Deed Of Trust
related
—
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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