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    Property profile & analytics

    3604 Galley Rd Colorado Springs, CO 80909

    • Office buildings
    • 19,409 SF
    • 1.01 lot acres
    For Sale
    View listing
    $2,350,000
    Value Estimation
    Location Intelligence
    Property ID
    US13-2190203
    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

    • BENJAMIN H MASSEY / Pain Management Physician
    • Erica Mazzarelli / Physical Therapist
    • Jason Park / Physical Therapist
    • Pikes Peak Spine & Joint / Pain Control Clinic
    • AAA BEST RIDE LLC / Transportation Service

    Property Details for 3604 Galley Rd

    Year built
    1972
    Construction
    WOOD FRAME
    Lot size
    1.01 lot acres
    Property size
    19,409 SF
    Zone code
    OR
    Property type
    Office buildings
    APN
    6410118036
    APU
    6410118036

    Description

    This exceptional two-story medical office building, situated at 3604 Galley Rd, Colorado Springs, CO 80909, presents a unique investment opportunity. Built in 1972, this single-building property offers a total of 4,245 square feet of vacant space, ideal for medical practices seeking expansion or relocation. The building is located in El Paso County and benefits from its Opportunity Zone designation. Multiple tenancy options are available, with individual suites ranging from 500 to 1,200 square feet. Currently, three units (105, 106, and 107) are available for lease at a competitive rate of $12 per square foot. Additionally, a larger unit (203) is available for lease at a modified rate of $18 per square foot. The asking price for the entire building is $2.35 million. This property offers a blend of established infrastructure and significant potential for growth within a thriving medical community. The OR zoning provides flexibility for a variety of medical uses. This is an excellent opportunity to acquire a well-located medical office building in a desirable Colorado Springs location. The available space provides a range of sizes to accommodate various practice needs, making it an attractive option for both established and emerging medical professionals. Don't miss this chance to secure a prime asset in a rapidly developing area.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.762
    Latitude
    38.8475
    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
    $22,471
    $101,880
    $316,620
    $418,500
    -
    $365,159
    $1,134,841
    $1,500,000

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    Colorado Springs, CO 80909
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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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