Property profile

5885 Palmer Park Blvd Colorado Springs, CO 80915

OFF-MARKET
Outlet malls
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Property ID
US13-0915690
68,212 SF 7.36 ac Built 1982
Last sale May 2023·$4,631,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property consists of two ground-lease pads located at the southeast corner of Powers Boulevard and Palmer Park Boulevard, providing visibility at this intersection and exposure to substantial daily traffic. The site is positioned within a commercial retail area anchored by nearby national tenants, and the surrounding trade area includes a high concentration of residents and employment within a short drive radius. The pads are suitable for a range of drive-thru and street-front uses,…

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?
$75k
Tax billed · 2023
Assessed value$1.04M
Assessed land$693k
Assessed improvement$351k
Effective rate7.19%

Value estimate

· Nov 2026
$4.51M
$4.06M – $4.96M
AI approach$4.77M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$210/SF
Submarket average, outlier-cleaned · 135 recorded sales of this use type
Observed band · Q1–Q3$126 – $312

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?
CC CAD-O
JurisdictionEL PASO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency44.2
Restaurant24.8
Hair Salon23.2

Location

5885 Palmer Park Blvd Colorado Springs, CO 80915-1611
County assessor Recorded deeds · 3 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

3 recorded sales · 15 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
555 Murray, Colorado Springs, CO 80915 $2,600,000 Feb 2024 32,558 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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