Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2205-2255 Executive Cir Colorado Springs, CO 80906

    • Office Properties & Spaces
    • 37,000 SF
    • 2.69 lot acres
    For Lease
    View listing
    $12 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 2205-2255 Executive Cir

    Year built
    1984
    Lot size
    2.69 lot acres
    Property size
    37,000 SF
    Property type
    Office Properties & Spaces
    Property subtype
    Industrial properties

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.786
    Latitude
    38.7907

    Comparable in this City

    • Value Estimation by Request
      29,248 SF

      660 Southpointe Ct

      Office Properties & Spaces • 29,248 SF
      660 Southpointe Ct, Colorado Springs, CO 80906
      View Details
    • Value Estimation by Request
      15,425 SF

      2620 Tenderfoot Hill St

      Medical offices • 15,425 SF
      2620 Tenderfoot Hill St, Colorado Springs, CO 80906
      View Details
    • Value Estimation by Request
      34,992 SF

      3625 Star Ranch Rd

      Restaurants • 34,992 SF
      3625 Star Ranch Rd, Colorado Springs, CO 80906
      View Details
    • Value Estimation by Request
      29,716 SF

      635 Southpointe Ct

      Medical offices • 29,716 SF
      635 Southpointe Ct, Colorado Springs, CO 80906
      View Details
    • Value Estimation
      $265,000
      3,724 SF

      325 Lk Ave

      OFFICE (GENERAL) • 3,724 SF
      325 Lk Ave, Colorado Springs, CO 80906-3707
      View Details
    • Value Estimation by Request
      27,510 SF

      1230 Tenderfoot Hill Rd

      Medical offices • 27,510 SF
      1230 Tenderfoot Hill Rd, Colorado Springs, CO 80906
      View Details

    Similar Nearby for Sale

    • $8,800,000
      26.90 Acres

      Colorado Springs Commercial Land

      26.9 Acres, I-25 Visibility, A-5 Zoning
      3415 Janitell Rd, Colorado Springs, CO 80906
      View Details
    • $2,500,000
      12,699 SF

      Quail Lake Office Building

      Well-maintained office building in Quail Lake Business Park.
      1555 Quail Lake Rd, Colorado Springs, CO 80906
      View Details
    • $2,750,000
      16,170 SF

      Multi-Tenant Office Building For Sale

      Three-story office building with income potential in Cheyenne Hills.
      1287 Lake Plaza Dr, Colorado Springs, CO 80906
      View Details
    • Contact for pricing
      1.20 Acres

      Broadmoor Towne Center Pad Site

      Prime 1.2-acre retail pad site
      2070 Southgate Rd, Colorado Springs, CO 80906
      View Details
    • $5,000,000
      110.39 Acres

      Prime Colorado Springs Land Investment

      110 Acres, $5M, A-5 Zoning
      0 Hwy 115 & Norad Rd, Colorado Springs, CO 80906
      View Details
    • $250,000

      Broadmoor Hills Park Land Parcel

      Large lot in desirable Broadmoor Hills Park neighborhood.
      4330 Grantham Ct, Colorado Springs, CO 80906
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      37,000 SF

      2205-2255 Executive Cir

      Flex space • 37,000 SF
      2205-2255 Executive Cir, Colorado Springs, CO 80906
      View Details
    • $15 SF/Yr
      4,000 SF

      New Flex Space Available

      4,000 SF flex space with offices and high ceilings.
      2410 Executive Cir, Colorado Springs, CO 80906
      View Details
    • $14 SF/Yr
      2,533 SF

      Industrial Flex Space For Lease

      Office/warehouse space with I-25 exposure, near World Arena.
      2930-2936 Janitell Rd, Colorado Springs, CO 80906
      View Details
    • $14 SF/Yr
      150,163 SF

      Prime Office Space Colorado Springs

      Executive & Traditional Suites Available
      2864 Circle Dr, Colorado Springs, CO 80906
      View Details
    • $19 SF/Yr
      1,134 SF

      Colorado Springs Office Suite

      Modern, renovated office space available.
      1257 Lake Plaza Dr, Colorado Springs, CO 80906
      View Details
    • $24 SF/Yr
      34,992 SF

      Star Ranch Plaza: Retail Opportunity

      Colorado Springs retail center, multiple suites available.
      3625 Star Ranch Rd, Colorado Springs, CO 80906
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2205-2255 Executive Cir
    Colorado Springs, CO 80906
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.