Entity Owned Property summary
AI-generated overview
This exceptional medical office building, located at 1 Education Way in Colorado Springs, CO 80906, offers a unique opportunity for healthcare providers. Built in 1986 and extensively renovated in 2023, the property boasts 34,856 square feet of total space, with 11,096 square feet currently vacant and immediately available. The building is zoned PBC and allows for multiple tenancies. Flexible suite sizes are available, ranging from a minimum of 4,465 square feet to a maximum contiguous space of 11,096 square feet, catering to various practice sizes and needs. The ample parking provides a convenient 4.7 spaces per 1,000 square feet. This prime location in Colorado Springs offers excellent visibility and accessibility for patients and staff. The recent renovations ensure a modern and efficient workspace, equipped to meet the demands of today's healthcare professionals. Don't miss this chance to secure your ideal medical office space in a thriving Colorado Springs community. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
34,856 SF
Lot
4 ac (174,240 SF)
Zoning code
PBC
APN
6431414001
UPID
US13-0977533
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
-
Charitable Organization Social Service Agency
-
Ophthalmologist
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.16M
CAP Approach
CAP
$5.68M
Comparable Approach
Comparable
$7.44M
Blend (final)
Blend
$6.51M
Owner & transaction history
since 2022
Last sale
$5.6M
2 recorded transactions
Zoning & alternative use
PBC · Colorado Springs, CO
Top alternative use upside
Neighborhood: shopping center
$9.3M
+24.8%
Auto repair, garage
$8.6M
+15.3%
Medical building
$8.4M
+12.6%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$6.51M
Value range
$5.86M – $7.16M
±10% around blend
Estimated value / SF
$187 / SF
Confidence
Property data
88
Market benchmarks
67
Comparable evidence
60
$5.86M
blend $6.51M
$7.16M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
34,856 SF
Lot area
4 ac
Year built
1986
Stories
3
APN
6431414001
Zoning
PBC
Assessed value
$1,702,650
3
Income approach: direct capitalization
Partial preview
Income approach indication
$5.68M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$6.15M
@ 6.5% CAP return
$5.68M
@ 7% CAP return
$5.27M
4
Sales comparison
Partial preview
Sales approach indication
$7.44M
Range $4.77M – $11.27M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$6.51M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 352 sales
$214
-13%
County 374 sales
$217
-14%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $187/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Neighborhood: Shopping Center
Gross theoretical uplift
+25%
vs current-use indication
Auto Repair, Garage
Medical Building
Office Building · current use
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
5.70%
Implied, in-place cap rate for this office buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.70%
9.0%
NOI (est.)
$392k *
Last sale · Jul 2022
$5.60M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$6.88M
Move the market yield to see immediate price impact.
Value / SF
$197
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.20%5.70%6.20%
$353k
$6.78M
$6.19M
$5.69M
$392k
$7.54M
$6.88M
$6.32M
$431k
$8.29M
$7.56M
$6.95M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$1,702,650
Assessed 2023
Previous assessed
$1,702,650
+0.0% YoY
Assessed land
$269,800
Assessed improvement
$1,432,850
Land market value
$967,032
Improvement market value
$5,135,667
Total market value
$6,102,699
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
3
Total area
34,856 SF
Lot
4 ac (174,240 SF)
Zoning code
PBC
APN
6431414001
UPID
US13-0977533
Jurisdiction
EL PASO
Zoning & alternative use
PBC · Colorado Springs, COZoning PBC · permitted uses
PBC · Colorado Springs, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
3
Lot
4 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
PBC
Jurisdiction
Colorado Springs, CO
Recorded code
PBC
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PBC in Colorado Springs, CO.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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