Financial
Distress signals
Property profile

1235 Lake Plaza Dr Colorado Springs, CO 80906

FOR LEASE
Office buildings
Property ID
US13-0933757
15,936 SF 2.99 ac lot Built 1976
Last sale Apr 2022 · $3,450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional office space, located at 1235-1255 Lake Plaza Drive in Colorado Springs, Colorado, offers 2,348 square feet of versatile workspace. Currently undergoing extensive renovations, both interior and exterior, this property promises a modern and updated office environment. The suite features 10-11 individual offices, a welcoming reception area, a dedicated conference room, and two convenient in-suite restrooms. Elevator access is provided for ease of movement throughout 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

What does the county charge?
Assessed value · 2023$1.08M
Assessed land$225k
Assessed improvement$855k

Value estimate

· Sep 2026
$4.01M
$3.61M – $4.41M
AI approach$3.64M
CAP approach$2.60M
Sales comparison$4.72M

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

Recently sold

What actually traded nearby?
$214/SF
Submarket average, outlier-cleaned · 352 recorded sales of this use type
Observed band · Q1–Q3$137 – $323
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PBC
JurisdictionEL PASO

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.3
Bakery9.8
Pawn Shop9.5

Location

1235 Lake Plaza Dr Colorado Springs, CO 80906
County assessor Recorded deeds · 3 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2630 10th Hl, Colorado Springs, CO 80906-7373 $3,958,000 Nov 2023 19,688 SF
630 Southpointe, Colorado Springs, CO 80906-3896 $4,050,000 Sep 2021 23,019 SF
2205 Executive, Colorado Springs, CO 80906-4137 $6,350,000 Mar 2021 27,603 SF
1257 Lk Plz, Colorado Springs, CO 80906-3553 $2,050,000 Jul 2020 16,300 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?”
More about this property
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