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888 Garden Of The Gods Rd, Colorado Springs, CO 80907
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Property summary
AI-generated overview
This exceptional Colorado Springs office building, located at 888 Garden of the Gods Rd, offers 5,209 square feet of immediately available space in a 30,038 square foot building. The property boasts excellent visibility from Garden of the Gods Road and convenient proximity to I-25. Built in 1979 and renovated in 2013, this two-story Class D building sits on 2.2 acres of land (APN 7324301034) and features a spacious parking lot with 128 spaces. The available suite includes a separate exterior entrance, an in-suite kitchenette and restrooms, four individual offices, two conference rooms, and open flex space allowing for customized configurations. Common area restrooms are also available. The property is zoned PIP2 CU UV and is situated in the Northwest submarket cluster of Colorado Springs, El Paso County, CO 80907. This versatile space is suitable for traditional, medical, or creative office uses, offering a blend of functionality and comfort for various business needs. Multiple tenants are currently occupying the building.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Construction
WOOD FRAME
Total area
29,639 SF
Lot
2.2 ac (95,876 SF)
Zoning code
PIP2 CU UV
APN
7324301034
UPID
US13-0739552
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
-
Medical Clinic
-
Probation Office
-
Government Office
-
Gym & Fitness Center
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.81M
Blend (final)
Blend
$530k
Owner & transaction history
since 2017
7 recorded transactions
Zoning & alternative use
PIP2 CU UV · Colorado Springs, CO
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.
Full NOI build-up · 6 steps
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$530k
Value range
$477k – $583k
±10% around blend
Estimated value / SF
$18 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
Income certainty
100
$477k
blend $530k
$583k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
29,639 SF
Lot area
2.2 ac
Year built
1979
Stories
2
APN
7324301034
Zoning
PIP2 CU UV
Assessed value
$790,630
Annual tax
$17,289
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$17,289
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.81M
Range $1.23M – $5.88M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$530k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 28 sales
$274
-93%
Submarket 352 sales
$214
-92%
County 374 sales
$217
-92%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $18/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
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.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$733k
Move the market yield to see immediate price impact.
Value / SF
$25
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
5.00%7.00%9.00%
$46k
$923k
$659k
$513k
$51k
$1.03M
$733k
$570k
$56k
$1.13M
$806k
$627k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,289
Tax year 2023
Assessed value
$790,630
Assessed 2023
Previous assessed
$790,630
+0.0% YoY
Effective rate
2.19%
On assessed value
Assessed land
$207,320
Assessed improvement
$583,310
Land market value
$743,078
Improvement market value
$2,090,726
Total market value
$2,833,804
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
For Lease
Year built
1979
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Total area
29,639 SF
Lot
2.2 ac (95,876 SF)
Zoning code
PIP2 CU UV
APN
7324301034
UPID
US13-0739552
Jurisdiction
EL PASO
Zoning & alternative use
PIP2 CU UV · Colorado Springs, COZoning PIP2 CU UV · permitted uses
PIP2 CU UV · Colorado Springs, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1979
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
2
Lot
2.2 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
PIP2 CU UV
Jurisdiction
Colorado Springs, CO
Recorded code
PIP2 CU UV
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PIP2 CU UV 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.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
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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