Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$26,930,000
Warehouses
125 Troy Hl Rd Colorado Springs, CO 80916-4103
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US13-2179725
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
210,964 SF
Lot
27.4 ac (1,193,544 SF)
Zoning code
PIP2 AO APZ1
APN
6413001058
UPID
US13-2179725
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
-
FEDEX GROUND Shipping Company Freight Service
-
FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$28.19M
Comparable Approach
Comparable
$35.28M
Blend (final)
Blend
$26.93M
Owner & transaction history
Mreic Colorado Springs Co LLC · 10 yrs held
Mreic Colorado Springs Co LLC
since 2016
7 recorded transactions
Zoning & alternative use
PIP2 AO APZ1 · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
$30,540,000
6.5%
$28,190,000
7%
$26,175,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$33,305,000
Current use
Blend value · Realmo final
$26.93M
Range $24.24M – $29.62M · ±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
$128 / 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
$381,492
Tax year 2023
Assessed value
$6,971,300
Assessed 2023
Previous assessed
$6,971,300
+0.0% YoY
Effective rate
5.47%
On assessed value
Assessed land
$1,265,400
Assessed improvement
$5,705,900
Land market value
$4,535,467
Improvement market value
$20,451,269
Total market value
$24,986,736
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Total area
210,964 SF
Lot
27.4 ac (1,193,544 SF)
Zoning code
PIP2 AO APZ1
APN
6413001058
UPID
US13-2179725
Jurisdiction
EL PASO
Zoning & alternative use
PIP2 AO APZ1 · Colorado Springs, CO
Zoning PIP2 AO APZ1 · permitted uses
PIP2 AO APZ1 · 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
$33.3M
WAREHOUSE, STORAGE Current
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
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Lot
27.4 ac
Current owner
From public records · entity-resolved
Mreic Colorado Springs Co LLC
Entity
Mailing address
255 WASHINGTON ST STE #270, NEWTON, MA 02458-1634
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2025
—
Ilpt Colorado Springs LLC
—
Deed
related
$2,320,000 · Bank Of America NA
Sep 26, 2022
—
Ilpt Colorado Springs LLC
—
Deed
related
$220,000,000 · Bank Of America NA
Mar 9, 2022
—
Ilpt Colorado Springs LLC
—
Deed
related
$240,000,000 · Citibank NA
Jun 9, 2016
$28,845,500
Mreic Colorado Springs Co LLC
Suncap Colorado Springs LLC
Grant Deed
$18,730,000 · Miscellaneous Ins Co
Mar 4, 2015
$2,148,400
Suncap Colorado Springs LLC
Ica Properties INC
Grant Deed
$19,750,000 · Branch Bk&tr
Jan 3, 2013
$700,000
Ica Properties INC
Great Sthrn Bk
Grant Deed
—
Dec 15, 2010
—
Great Sthrn Bk
Deputy Public Te Of El Paso Cnty
Trustees 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 125 Troy Hl Rd?
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.
