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Property profile & analytics
OFF-MARKET
Estimated value
$9,840,000
Distribution centers
1075 Vapor Trl, Colorado Springs, CO 80916-2751
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US13-0051834
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2006
Construction
STEEL FRAME
Total area
55,980 SF
Lot
10.82 ac (471,319 SF)
Zoning code
PIP2/CR AO
APN
6424105001
UPID
US13-0051834
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
-
JT4 LLC Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.53M
Comparable Approach
Comparable
$11.99M
Blend (final)
Blend
$9.84M
Owner & transaction history
730/colorado Coke 2/2022 LLC · 19 yrs held
730/colorado Coke 2/2022 LLC
since 2007
5 recorded transactions
Zoning & alternative use
PIP2/CR AO · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$14.9M
+68.8%
Auto repair, garage
$13.8M
+55.9%
Medical building
$13.5M
+52.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,325,000
6.5%
$9,530,000
7%
$8,850,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$8,835,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$14,920,000
Change: +69% · Conversion: Moderate
AUTO REPAIR, GARAGE
$13,780,000
Change: +56% · Conversion: Easy
MEDICAL BUILDING
$13,465,000
Change: +52% · Conversion: Difficult
OFFICE BUILDING
$11,955,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$9.84M
Range $8.86M – $10.82M · ±10%
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
$176 / 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
Tax billed
$165,000
Tax year 2023
Assessed value
$3,222,370
Assessed 2023
Previous assessed
$3,222,370
+0.0% YoY
Effective rate
5.12%
On assessed value
Assessed land
$479,970
Assessed improvement
$2,742,400
Land market value
$1,720,314
Improvement market value
$9,829,406
Total market value
$11,549,720
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2006
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Total area
55,980 SF
Lot
10.82 ac (471,319 SF)
Zoning code
PIP2/CR AO
APN
6424105001
UPID
US13-0051834
Jurisdiction
EL PASO
Zoning & alternative use
PIP2/CR AO · Colorado Springs, CO
Zoning PIP2/CR AO · permitted uses
PIP2/CR AO · 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
WAREHOUSE, STORAGE Current
Est. value
$8.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$14.9M
AUTO REPAIR, GARAGE
Est. value
$13.8M
MEDICAL BUILDING
Est. value
$13.5M
OFFICE BUILDING
Est. value
$12.0M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
2006
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Lot
10.82 ac
Current owner
From public records · entity-resolved
730/colorado Coke 2/2022 LLC
Entity
Mailing address
270 MADISON AVE RM #1503, NEW YORK, NY 10016-0601
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2017
—
730/colorado Coke 2/2022 LLC
—
Deed
related
$2,750,000 · Sterling Nat'l Bk
Apr 12, 2007
$8,966,000
730/colorado Coke 2/2022 LLC
Ge Coml Finance Busn Prop Cor
Grant Deed
—
Nov 4, 2005
$1,400,000
Coml Finance Busn Prop Co Ge
Realty Dev Services LLC
Grant Deed
—
—
—
730/colorado Coke 2/2022 LLC
—
Deed Of Trust
related
$4,510,000 · Bear Stearns Commercial Mortgage INC Bear Stearns Commercial Mortgage INC
—
—
730/colorado Coke 2/2022 LLC
—
Deed Of Trust
related
$2,750,000 · Sterling Nat'l Bk
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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