Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1004 Middle Crk Pkwy Colorado Springs, CO 80921-2544
    Back to Search
    Property profile & analytics

    1004 Middle Crk Pkwy, Colorado Springs, CO 80921-2544

    View on Map
    • Day care centers
    • 11,115 SF
    • 1.80 lot acres
    Off-Market
    Property ID
    US13-0088075
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $550,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Voyager Parkway KinderCare / High School / Daycare Center

    Property Details for 1004 Middle Crk Pkwy

    Year built
    2005
    Construction
    WOOD FRAME
    Lot size
    1.80 lot acres
    Zone code
    OC
    Property type
    Day care centers
    APN
    6217201011
    APU
    6217201011

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 31, 2018 $3,648,400 Mdc Coast 15 LLC Kc Propco LLC Grant Deed —
    Nov 15, 2005 $3,000,000 Kc Propco LLC Kindercare Learning Centers INC Special Warranty Deed $650M · Bank Of America NA
    Jul 8, 2005 $600,000 Learning Centers In Kindercare Northgate Properties LLC Grant Deed —
    Mar 31, 2005 — Record Owner Owner,record Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $460,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $636,000
      Market price range: $359k - $971k

    • Alternative Use

      Use
      Estimation
      COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
      $505,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.808
    Latitude
    39.0114
    CBSA code
    17820
    CBSA name
    COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $36,456
    $259,230
    $331,620
    $590,850
    -
    $929,135
    $1,188,607
    $2,117,742

    Comparable in this City

    • Value Estimation
      $620,000
      11,933 SF

      11125 Cross Peak Vw

      DAY CARE, PRE-SCHOOL
      11125 Cross Peak Vw, Colorado Springs, CO 80921-3420
      View Details
    • Value Estimation
      $1,475,000
      23,826 SF

      12105 Ambassador Dr

      PROFESSIONAL CLUBS/ASSOCIATIONS
      12105 Ambassador Dr, Colorado Springs, CO 80921-3642
      View Details
    • Value Estimation
      $780,000
      8,286 SF

      13246 Touchstone Vw

      VETERINARY, ANIMAL HOSPITAL
      13246 Touchstone Vw, Colorado Springs, CO 80921-7242
      View Details
    • Value Estimation by Request

      6615 Sun Hls Dr

      CHARITABLE ORGANIZATION
      6615 Sun Hls Dr, Colorado Springs, CO 80921
      View Details
    • Value Estimation by Request
      3.06 Acres

      Canyons Edge Dr

      CHARITABLE ORGANIZATION
      Canyons Edge Dr, Colorado Springs, CO 80921
      View Details
    • Value Estimation
      $3,380,000
      51,034 SF

      Spectrum Loop

      PROFESSIONAL CLUBS/ASSOCIATIONS
      Spectrum Loop, Colorado Springs, CO 80921
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      New Club Car Wash Lease

      20-year NNN ground lease with rental increases.
      2651 North Gate Blvd, Colorado Springs, CO 80921
      View Details
    • Contact for pricing

      Commercial Property For Sale

      Commercial property available for sale.
      I-25 & Baptist Rd, Colorado Springs, CO 80921
      View Details
    • Contact for pricing
      3,270 SF

      Dental Office Leased to Heartland

      Leased dental office with long-term tenant and fixed rental increases.
      745 W Baptist Rd, Monument, CO 80921
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      1521 Baptist Rd, Monument, CO 80921
      View Details
    • Contact for pricing
      10,376 SF

      Office Condo in Creekside Park

      Office condo for sale with common area and elevator.
      1720 Jet Stream Dr, Colorado Springs, CO 80921
      View Details
    • Contact for pricing
      17,500 SF

      Freestanding Building in Entertainment Hub

      New freestanding building in Colorado Springs' premier entertainment hub.
      13280 Touchstone Vw, Colorado Springs, CO 80921
      View Details

    Similar Nearby for Lease

    • $3,000 /Mo

      Gleneagle Class A Office Property

      Class A office with mountain views and convenient access.
      13710 Struthers Rd, Colorado Springs, CO 80921
      View Details
    • Contact for pricing

      Retail Space in Growing Area

      Retail space available in high-growth area with excellent demographics.
      1308-1369 United Hts, Colorado Springs, CO 80921
      View Details
    • Contact for pricing
      10,013 SF

      Retail Development Site For Rent

      Highly visible retail development site near I-25.
      840 Spanish Bit Dr, Colorado Springs, CO 80921
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail space available for lease in Colorado Springs, CO.
      1359 Interquest Pkwy, Colorado Springs, CO 80921
      View Details
    • Contact for pricing

      Premier Office Building in Colorado

      Office building with amenities in north Colorado Springs submarket.
      555 Middle Creek Pkwy, Colorado Springs, CO 80921
      View Details
    • Contact for pricing

      Class A Warehouse Distribution Center

      New Class A warehouse/distribution center with I-25 frontage.
      15707 Terrazzo Dr, Colorado Springs, CO 80921
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1004 Middle Crk Pkwy
    Colorado Springs, CO 80921-2544
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1004 Middle Crk Pkwy, Colorado Springs, CO, 80921
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!