Technical
Financial
Distress signals
Property profile

3707 Parkmoor Vlg Dr Colorado Springs, CO 80917

OFF-MARKET
Office buildings
Property ID
US13-2551879
6,020 SF 0.92 ac lot Built 1979
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional office suite, located at 3707 Parkmoor Village Dr in El Paso County, offers 1,200 square feet of well-designed space. Situated near the historic Penrose Hospital, this property boasts a highly desirable location on the Academy Corridor, providing easy access to major thoroughfares. The suite itself features five private offices, a welcoming reception area, a private restroom, and ample storage, making it ideal for a variety of businesses. The building benefits from significant recent exterior upgrades, including fresh stucco, enhanced exterior lighting, and improved landscaping, creating a positive first impression. The property also offers the convenience of ground-floor access with two private entrances, ensuring both privacy and accessibility. With abundant parking available, this suite provides a comfortable and functional workspace. A total of 2,200 square feet is currently vacant within the building, presenting opportunities for expansion or additional tenants. The property is zoned OC UV. This well-maintained building prioritizes tenant needs, making it an attractive option for businesses seeking a professional and convenient office environment.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1979
Construction WOOD FRAME
Total area 6,020 SF
Lot 0.92 ac (40,075 SF)
Zoning code OC UV
APN 6334104005
UPID US13-2551879

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Community Center
  • Barber Shop
  • Tattoo & Piercing Shop
  • Alternative Medicine Practice
  • Hearing Aid Store

Location

3707 Parkmoor Vlg Dr Colorado Springs, CO 80917-6251
Colorado Springs metro Census 104 COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.00M
CAP Approach CAP
$970k
Comparable Approach Comparable
$942k
Blend (final) Blend
$1.10M

Owner & transaction history

since 2022
Last sale
$940,000
7 recorded transactions
2023
Price N/A
2022
$940,000
2016
Price N/A
2009
$550,000
2008
Price N/A
2008
$575,000
2001
$895,000

Zoning & alternative use

OC UV · Colorado Springs, CO
Top alternative use upside
Auto repair, garage $1.5M +15.3%
Medical building $1.5M +12.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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