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Financial
Distress signals
Property profile

600 S 21St St Colorado Springs, CO 80904

FOR LEASE
Strip malls
Property ID
US13-0580958
36,094 SF 3.03 ac lot Built 1887
Last sale Aug 2019 · $10,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of approximately 3,926 square feet of commercial space configured for potential office or retail use. It is located in the Roundhouse Center at the Van Briggle building, positioned at the intersection of Highway 24 and 21st Street. The space is designed to support customer and employee access with on-site parking available for employees and visitors. The exterior provides opportunities for monument signage to support business identification.

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

What does the county charge?
Assessed value · 2023$1.70M
Assessed land$241k
Assessed improvement$1.46M

Value estimate

· Oct 2026
$7.39M
$6.65M – $8.13M
CAP approach$7.68M
Submarket $/SF estimate$7.90M
NOI build-up
Gross scheduled income$40k
Vacancy & credit loss−$2k
Operating expenses−$11k
NOI · 115,778.26% cap applied$27k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$267/SF
Submarket average, outlier-cleaned · 96 recorded sales of this use type
Observed band · Q1–Q3$132 – $397

Cap rate analysis

How does the asset earn?
115,778.26%
$27k 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?
C6
JurisdictionEL PASO

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.9
Electrical Service12.7
Dental Office12.0

Location

600 S 21St St Colorado Springs, CO 80904
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

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2306 Colorado, Colorado Springs, CO 80904 $220,000 Oct 2021 26,046 SF
2752 Colorado, Colorado Springs, CO 80904-3027 $1,265,400 Oct 2021 10,800 SF
1961 Uintah, Colorado Springs, CO 80904 $2,047,500 Aug 2021 8,000 SF
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?”
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