Financial
Distress signals
Property profile

4905 N Union Blvd Colorado Springs, CO 80918

FOR LEASE
Office buildings
Property ID
US13-0328080
15,672 SF 0.71 ac lot Built 1978
Last sale Dec 2025 · $1,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional three-story office building, situated at 4905 N Union Blvd in Colorado Springs, CO 80918, offers a prime location just one block south of Academy Boulevard. Boasting 15,672 square feet of total space, the building features a convenient and highly visible street presence. Currently, 1,512 square feet are vacant, presenting an immediate opportunity for a new tenant. The building is handicap accessible, equipped with an automated entry door and elevator for easy access from the

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?
$23k
Tax billed · 2023
Assessed value$423k
Assessed land$65k
Assessed improvement$358k
Effective rate5.37%

Value estimate

· Sep 2026
$455k
$410k – $501k
Sales comparison$2.18M
NOI build-up
Gross scheduled income$24k
Vacancy & credit loss−$3k
Operating expenses−$5k
NOI · 1,159.50% cap applied$16k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$189/SF
ZIP average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$139 – $242
Qualifying comparables4

Cap rate analysis

How does the asset earn?
1,159.50%
$16k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PBC
JurisdictionEL PASO

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.5
Smoke and Vape Shop10.3
Garden Center10.2

Location

4905 N Union Blvd Colorado Springs, CO 80918
County assessor Recorded deeds · 5 transfers 4 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5590 Academy, Colorado Springs, CO 80918-3616 $2,000,000 Dec 2024 9,328 SF
4525 Northpark, Colorado Springs, CO 80918-3811 $2,300,000 May 2024 13,992 SF
5455 Un, Colorado Springs, CO 80918-2077 $2,440,000 Mar 2024 14,808 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?”
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