3920 NevadaColorado Springs, CO 80907

  • Motels
  • 5,427 SF
Off market
$4,489,600 Estimated

Property Details for 3920 Nevada

Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.45 AC
Property size (Sq ft)
5,427 SF
Zone code
C6 NNA
Property type
Motels
APN
6330100057
APU
6330100057

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,348,314
    6.5%
    $1,244,598
    7%
    $1,155,698
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,053,690
    Geo Method
    $1,053,690
  • Alternative Use

    Use
    Valuation
    Residential
    $1,358,739
    Hospitality
    $1,244,598
    Educational
    $1,035,491
    Medical
    $1,071,103
    Retail
    $1,610,763

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.89
Longitude
-104.82
CBSA code
17820
CBSA name
COLORADO SPRINGS, 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
$2,696
$45,200
$12,370
$57,570
-
$162,016
$44,341
$206,357

FAQs

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