Financial
Distress signals
Property profile

3920 N Union Blvd Colorado Springs, CO 80907

FOR LEASE
Medical Office Space
Property ID
US13-0587488
103,599 SF 7.86 ac lot Built 2000
Last sale Aug 2021 · $16,020,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This office property includes a total of approximately 1,156 square feet and is accessed via a new access point to North Union Boulevard. It is located about 10 minutes from Penrose Hospital and UCHealth Memorial Hospital and is positioned for visibility from Union Boulevard and Austin Bluffs Parkway, with signage opportunities on those streets.

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?
$298k
Tax billed · 2023
Assessed value$5.44M
Assessed land$492k
Assessed improvement$4.95M
Effective rate5.47%

Value estimate

· Sep 2026
$16.30M
$14.67M – $17.93M
CAP approach$17.95M
Sales comparison$21.12M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$241/SF
Submarket average, outlier-cleaned · 94 recorded sales of this use type
Observed band · Q1–Q3$147 – $331

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?
OC/CR
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
Restaurant36.3
Building Supply29.0
Law Firm26.5

Location

3920 N Union Blvd Colorado Springs, CO 80907
County assessor Recorded deeds · 6 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
320 Fontanero, Colorado Springs, CO 80907-7529 $10,575,000 Dec 2021 46,305 SF
1715 Weber, Colorado Springs, CO 80907-7532 $2,628,750 Sep 2020 35,050 SF
1625 Medical Ctr, Colorado Springs, CO 80907-8731 $10,025,000 Jun 2020 68,278 SF
1633 Medical Ctr, Colorado Springs, CO 80907-5700 $15,600,000 Jun 2020 46,626 SF
3480 Centennial, Colorado Springs, CO 80907-4087 $2,050,000 Oct 2018 11,663 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?”
More about this property
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