911 Motor CityColorado Springs, CO 80905

  • Other commercial real estate
  • 5,616 SF
Off market
$930,309 Estimated

Property Details for 911 Motor City

Year built
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.12 AC
Property size (Sq ft)
5,616 SF
Zone code
C6 SS
Property type
Other commercial real estate
Property subtype
Showrooms
APN
7424104057
APU
7424104057

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,805,765
    6.5%
    $1,666,860
    7%
    $1,547,798
  • Comparable approach

    Method
    Valuation
    Method 1
    $1,169,265
    Method 2
    $1,169,265
  • Alternative Use

    Use
    Valuation
    Residential
    $1,406,058
    Hospitality
    $1,287,942
    Educational
    $1,071,553
    Medical
    $1,108,405
    Retail
    $1,666,860
911 Motor City, Colorado Springs, Colorado

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.8221
Longitude
-104.838
CBSA code
17820
CBSA name
COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $638,180
  • Assessed land value
    $130,670
  • Assessed value
    $768,850
  • Tax year
    2023

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