Financial
Distress signals
Property profile

985 W Fillmore St Colorado Springs, CO 80907

FOR LEASE
Office buildings
Property ID
US13-0067181
14,720 SF 1.24 ac lot Built 2000
Last sale Aug 2022 · $2,320,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 985 W Fillmore, Colorado Springs, Colorado 80907 is categorized as an office building/office space intended for professional or administrative office use under general leasing arrangements. The available information does not specify the interior suite layout, number of rooms, finished condition, square footage, floor level, or building amenity details. Furnished configurations are referenced in the listing, but there are no provided facts regarding frontage, access points,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$586k
Assessed land$122k
Assessed improvement$464k

Value estimate

· Sep 2026
$2.32M
$2.09M – $2.55M
AI approach$2.32M
CAP approach$2.38M
Sales comparison$3.17M
NOI build-up
Gross scheduled income$55k
Vacancy & credit loss−$7k
Operating expenses−$12k
NOI · 175,017.08% cap applied$36k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$274/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$146 – $468
Qualifying comparables4

Cap rate analysis

How does the asset earn?
175,017.08%
$36k 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?
C5/CR HS
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 Firm12.8
Daycare Center9.9
Pawn Shop9.3

Location

985 W Fillmore St Colorado Springs, CO 80907
County assessor Recorded deeds · 7 transfers 4 qualifying comp sales 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2802 Nevada, Colorado Springs, CO 80907-6201 $1,283,234 Dec 2025 8,049 SF
2935 Prospect, Colorado Springs, CO 80907-6300 $1,430,000 May 2024 8,398 SF
575 Popes Blf, Colorado Springs, CO 80907 $1,290,000 Aug 2023 10,524 SF
308 Fillmore, Colorado Springs, CO 80907-6039 $1,400,000 Jul 2022 9,360 SF
1063 Elkton, Colorado Springs, CO 80907 $18,350,000 Jan 2022 17,213 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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