Financial
Distress signals
Property profile

5720 Observation Ct Colorado Springs, CO 80916

OFF-MARKET
Distribution centers
Property ID
US13-0311384
7,200 SF 1.43 ac lot Built 2003
Last sale Mar 2002 · $186,300
Individually Owned Owner of record is an individual. 24-yr Hold Held for 24 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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 · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$252k
Assessed land$96k
Assessed improvement$157k
Effective rate4.96%

Value estimate

· Sep 2026
$1.78M
$1.60M – $1.96M
AI approach$1.79M
CAP approach$1.23M
Sales comparison$1.28M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$158/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$117 – $214
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PIP2 AO
JurisdictionEL PASO

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant22.3
Law Firm19.3
Wholesale Shop17.2

Location

5720 Observation Ct Colorado Springs, CO 80916-4740
County assessor Recorded deeds · 4 transfers 7 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2070 Aerotech, Colorado Springs, CO 80916-4209 $1,100,000 Aug 2023 4,800 SF
445 Troy Hl, Colorado Springs, CO 80916 $2,375,000 Nov 2022 7,488 SF
4751 Town Ctr, Colorado Springs, CO 80916-4701 $3,000,000 May 2021 4,858 SF
1370 Newport, Colorado Springs, CO 80916-2719 $1,680,000 Sep 2019 12,470 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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