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Financial
Distress signals
Property profile

1685 Briargate Blvd Colorado Springs, CO 80920

FOR LEASE
Medical Office Space
Property ID
US13-0692593
6,560 SF 0.63 ac lot Built 1983
Last sale Jun 2025 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial condominium located at 1685 Briargate Boulevard in a business district. It consists of four separate office condo units, identified as Suites A through D, with approximate floor areas of 1,728 sq. ft. (Suite A), 1,744 sq. ft. (Suite B), 1,577 sq. ft. (Suite C), and 1,535 sq. ft. (Suite D).

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?
$17k
Tax billed · 2023
Assessed value$279k
Assessed land$111k
Assessed improvement$167k
Effective rate6.07%

Value estimate

· Oct 2026
$575k
$518k – $633k
AI approach$575k
Submarket $/SF estimate$476k
NOI build-up
Gross scheduled income$26k
Vacancy & credit loss−$3k
Operating expenses−$6k
NOI · 108,156.25% cap applied$17k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$241/SF
Submarket average, outlier-cleaned · 94 recorded sales of this use type
Observed band · Q1–Q3$147 – $331

Cap rate analysis

How does the asset earn?
108,156.25%
$17k 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?
PBC
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 Supply21.7
Wholesale Shop19.1
HVAC Service14.3

Location

1685 Briargate Blvd Colorado Springs, CO 80920
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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3460 Briargate, Colorado Springs, CO 80920-4168 $1,600,000 Jul 2019 12,724 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?”
More about this property
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