Property profile

104 S Cascade Ave Colorado Springs, CO 80903

FOR LEASE
Office buildings
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Property ID
US13-0320528
59,253 SF 2.02 ac Built 1978
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.
Market Trends Soon

Property summary

AI-generated overview

The property is an office building located in the Central Business District. It includes a conference room and restroom amenities with men’s locker and shower facilities. The building is associated with on-site property management and provides visitor parking, with a high parking ratio intended to support convenient parking access.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$2.27M
Assessed land$1.02M
Assessed improvement$1.24M

Value estimate

· Nov 2026
$9.19M
$8.27M – $10.11M
CAP approach$9.57M
Submarket $/SF estimate$11.78M
NOI build-up
Gross scheduled income$27k
Vacancy & credit loss−$3k
Operating expenses−$6k
NOI · 111,293.75% cap applied$18k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$249/SF
ZIP average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$167 – $361

Cap rate analysis

How does the asset earn?
111,293.75%
$18k 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?
FBZ-CEN
$1e
General categoryUNKNOWN
JurisdictionEL PASO

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service9.3
Pet Grooming Service9.0
Shoe Repair8.7

Location

104 S Cascade Ave Colorado Springs, CO 80903
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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
721 Tejon, Colorado Springs, CO 80903-1095 $850,000 Dec 2025 5,304 SF
31 Tejon, Colorado Springs, CO 80903-1523 $3,072,000 May 2025 38,684 SF
315 Weber, Colorado Springs, CO 80903-1230 $860,000 May 2025 4,886 SF
515 Cascade, Colorado Springs, CO 80903-3907 $3,700,000 Apr 2024 13,509 SF
717 Tejon, Colorado Springs, CO 80903-1011 $899,000 Mar 2024 5,070 SF
617 Nevada, Colorado Springs, CO 80903-4005 $750,000 Oct 2023 7,242 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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