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Financial
Distress signals
Property profile

1915 Democracy Pt Colorado Springs, CO 80908

FOR LEASE
Office buildings
Property ID
US13-1166575
15,804 SF 0.51 ac lot Built 2021
Last sale Jan 2025 · $475,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Victory Ridge features second-level office space configured for day-to-day business use, including floor-to-ceiling windows and sweeping window lines. The interior layout includes dedicated conference and training rooms, with generous common area space for shared use. The property includes an exterior patio that provides views of the Rocky Mountains and overlooks the Air Force Academy, creating an outdoor area for breaks or informal meetings. The space is suited to organizations seeking a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$144k
Tax billed · 2023
Assessed value$1.08M
Assessed land$143k
Assessed improvement$934k
Effective rate13.38%

Value estimate

· Oct 2026
$470k
$423k – $517k
AI approach$515k
NOI build-up
Gross scheduled income$29k
Vacancy & credit loss−$4k
Operating expenses−$6k
NOI · 66,155.17% cap applied$19k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$214/SF
Submarket average, outlier-cleaned · 352 recorded sales of this use type
Observed band · Q1–Q3$137 – $323

Cap rate analysis

How does the asset earn?
66,155.17%
$19k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PUD
JurisdictionEL PASO

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply11.9
Parking Facility10.3
HVAC Service10.3

Location

1915 Democracy Pt Colorado Springs, CO 80908
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 18 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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