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    Property profile & analytics

    1980 Dominion Way Colorado Springs, CO 80918

    • Office buildings
    • 9,998 SF
    • 0.71 lot acres
    For Lease
    View listing
    $13 SF/Yr
    Value Estimation
    $460,000
    Location Intelligence
    Property ID
    US13-1143661
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dan and Chelsea Valentin - The Valentin Group - Colorado Springs Realtors / Real Estate Agency / Real Estate Agent
    • Cornerstone Financial Strategies / Financial Institution
    • Wendy Ring - LeaderOne Financial / Mortgage Lender
    • Sessions International / Consultant
    • Carr John / Insurance Agency

    Property Details for 1980 Dominion Way

    Year built
    1984
    Construction
    WOOD FRAME
    Lot size
    0.71 lot acres
    Property size
    9,998 SF
    Zone code
    OC
    Property type
    Office buildings
    APN
    6316203047
    APU
    6316203047

    Description

    This exceptional executive office suite, located at 1980 Dominion Way in the desirable Lehman and Academy corridor of Colorado Springs, CO 80918, offers 1,670 square feet of prime office space. The suite, designated as Suite 200, boasts a spacious waiting/reception area, six individual offices, and a convenient conference room complete with a wet bar. The building itself totals 9,998 square feet and sits on a 0.71-acre lot, zoned OC. Currently, 1,230 square feet of space is available within the building for lease. This move-in ready space is perfect for a business seeking a professional and well-appointed office environment. Onsite parking is provided for the convenience of tenants and their clients. The property's location in the thriving Lehman and Academy corridor offers excellent accessibility and visibility. This is a fantastic opportunity for a business to establish a strong presence in a highly sought-after area of Colorado Springs. The property is available for multiple tenants.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $415,000

    • CAP approach

      CAP return
      Estimation
      6%
      $640,000
      6.5%
      $625,000
      7%
      $575,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $515,000
      Geo Method
      $525,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $595,000
      Retail
      $550,000
      Mixed-Use
      $585,000
      Hospitality
      $540,000
      Educational
      $600,000
      Residential Income
      $680,000
      Energy
      $490,000
      Income-Based Land
      $620,000
      Food Service
      $680,000

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.789
    Latitude
    38.9221
    CBSA code
    17820
    CBSA name
    COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $16,664
    $59,650
    $252,860
    $312,510
    -
    $213,803
    $906,324
    $1,120,127

    Comparable in this City

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      5555 Erindale Dr Ste, Unit 101

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      5555 Erindale Dr Ste, Colorado Springs, CO 80918-6964
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      5585 Erindale Dr Ste, Unit 102

      OFFICE BUILDING • 1,023 SF
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      1,022 SF

      5585 Erindale Dr Ste, Unit 107

      OFFICE BUILDING • 1,022 SF
      5585 Erindale Dr Ste, Colorado Springs, CO 80918-6966
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    • Value Estimation by Request
      7,700 SF

      1867 Austin Blfs Pkwy

      OFFICE BUILDING • 7,700 SF
      1867 Austin Blfs Pkwy, Colorado Springs, CO 80918-7879
      View Details

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    Similar Nearby for Lease

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      Class A Office Building For Rent

      Well-located, newly renovated Class A office building with ample parking.
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      Versatile Commercial Spaces For Lease

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    • $13 SF/Yr
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      Dominion Way Executive Office Suite

      Move-in ready office space in Colorado Springs.
      1980 Dominion Way, Colorado Springs, CO 80918
      View Details
    • $12 SF/Yr
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      Colorado Springs Retail/Office Space

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      Office Space For Rent

      Office space available for lease in Colorado Springs, CO.
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      View Details
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    1980 Dominion Way
    Colorado Springs, CO 80918
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    Realmo Value Estimation

    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.

    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.

    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
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