Financial
Distress signals
Property profile

1650 Telstar Dr Colorado Springs, CO 80920

OFF-MARKET
Office buildings
Property ID
US13-2451141
122,531 SF 8.82 ac lot Built 1997
Last sale Dec 2021 · $27,890,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an office space located within the Briargate Business Campus in the North I-25 Corridor, with walkable access to amenities at the Promenade Shops at Briargate. The space is on the top floor and is characterized by abundant natural light and western views. It has a high level of secured building access and includes a service elevator that provides access to the premises. Dock-high access is available to the building. The building includes manned front desk security, along with

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?
$452k
Tax billed · 2023
Assessed value$7.22M
Assessed land$895k
Assessed improvement$6.33M
Effective rate6.25%

Value estimate

· Sep 2026
$27.80M
$25.02M – $30.57M
CAP approach$19.95M
Sales comparison$30.36M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$234/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$161 – $311

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?
PIP1
JurisdictionEL PASO

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop15.5
Building Supply15.5
Convenience Store11.0

Location

1650 Telstar Dr Colorado Springs, CO 80920-1009
County assessor Recorded deeds · 4 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

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
731 Chapel Hls, Colorado Springs, CO 80920-3949 $7,000,000 Jun 2022 50,471 SF
7250 Campus, Colorado Springs, CO 80920-6517 $11,250,000 May 2022 74,920 SF
8595 Explorer, Colorado Springs, CO 80920-1012 $8,400,000 Sep 2021 58,774 SF
7680 Goddard, Colorado Springs, CO 80920-8235 $1,900,000 Oct 2020 15,440 SF
7660 Goddard, Colorado Springs, CO 80920-8230 $2,020,000 Sep 2020 15,440 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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