New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,910,000
Office buildings
1 Education Way, Colorado Springs, CO 80906-4477
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0977533
Property summary
AI-generated overview
This exceptional medical office building, located at 1 Education Way in Colorado Springs, CO 80906, offers a unique opportunity for healthcare providers. Built in 1986 and extensively renovated in 2023, the property boasts 34,856 square feet of total space, with 11,096 square feet currently vacant and immediately available. The building is zoned PBC and allows for multiple tenancies. Flexible suite sizes are available, ranging from a minimum of 4,465 square feet to a maximum contiguous space of 11,096 square feet, catering to various practice sizes and needs. The ample parking provides a convenient 4.7 spaces per 1,000 square feet. This prime location in Colorado Springs offers excellent visibility and accessibility for patients and staff. The recent renovations ensure a modern and efficient workspace, equipped to meet the demands of today's healthcare professionals. Don't miss this chance to secure your ideal medical office space in a thriving Colorado Springs community. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
34,856 SF
Lot
4 ac (174,240 SF)
Zoning code
PBC
APN
6431414001
UPID
US13-0977533
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Junior Achievement USA ® Charitable Organization Social Service Agency
-
Colorado Eye Institute Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.16M
CAP Approach
CAP
$5.68M
Comparable Approach
Comparable
$7.44M
Blend (final)
Blend
$5.91M
Owner & transaction history
Education Way Property LLC · 4 yrs held
Education Way Property LLC
since 2022
Last sale
$5.6M
2 recorded transactions
Zoning & alternative use
PBC · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$9.3M
+24.8%
Auto repair, garage
$8.6M
+15.3%
Medical building
$8.4M
+12.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Colorado Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colorado Springs submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$6,510,000
ML approach
$6,160,000
CAP Approach
CAP Return
Estimation
6%
$6,150,000
6.5%
$5,675,000
7%
$5,270,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$7,445,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$9,290,000
Change: +25% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,580,000
Change: +15% · Conversion: Difficult
MEDICAL BUILDING
$8,385,000
Change: +13% · Conversion: Easy
RETAIL STORES
$7,325,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$5.91M
Range $5.32M – $6.50M · ±10% · vs last sale $5.60M (Jul 1 2022)
Last sale anchor
$5.60M
Jul 1 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$170 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$1,702,650
Assessed 2023
Previous assessed
$1,702,650
+0.0% YoY
Assessed land
$269,800
Assessed improvement
$1,432,850
Land market value
$967,032
Improvement market value
$5,135,667
Total market value
$6,102,699
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
3
Total area
34,856 SF
Lot
4 ac (174,240 SF)
Zoning code
PBC
APN
6431414001
UPID
US13-0977533
Jurisdiction
EL PASO
Zoning & alternative use
PBC · Colorado Springs, CO
Zoning PBC · permitted uses
PBC · Colorado Springs, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Colorado Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$7.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.3M
AUTO REPAIR, GARAGE
Est. value
$8.6M
MEDICAL BUILDING
Est. value
$8.4M
RETAIL STORES
Est. value
$7.3M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
3
Lot
4 ac
Current owner
From public records · entity-resolved
Education Way Property LLC
Entity
Mailing address
2327 COYOTE CRST VW, COLORADO SPRINGS, CO 80921-7203
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2022
$5,600,000
Education Way Property LLC
Junior Achievement USA
Warranty Deed
$9,700,000 · Ent Cu
Apr 5, 2006
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1 Education Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
