Financial
Distress signals
Property profile

1290 Newport Rd Colorado Springs, CO 80916

OFF-MARKET
Office buildings
Property ID
US13-0953070
15,491 SF 1.34 ac lot Built 2001
Last sale Oct 2018 · $4,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

An office property located in the Powers Blvd Corridor, featuring on-building signage and positioned for convenient access and street visibility. The space totals 15,750 square feet and is configured for general business use, including uses associated with defense contracting.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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 · 2023

What does the county charge?
$23k
Tax billed · 2023
Assessed value$460k
Assessed land$86k
Assessed improvement$374k
Effective rate5.04%

Value estimate

· Sep 2026
$445k
$401k – $490k

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?
PIP2/CR CU AO
JurisdictionEL PASO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency27.2
Restaurant23.2
Law Firm23.1

Location

1290 Newport Rd Colorado Springs, CO 80916-2713
County assessor Recorded deeds · 6 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2028 Aerotech, Colorado Springs, CO 80916-4200 $2,375,000 Jan 2025 15,249 SF
1055 Newport, Colorado Springs, CO 80916-2759 $12,683,333 Nov 2021 62,212 SF
1670 Newport, Colorado Springs, CO 80916-2750 $11,009,500 Dec 2020 70,633 SF
1325 Aeroplaza, Colorado Springs, CO 80916-2275 $1,190,000 Sep 2019 14,790 SF
1815 Jet Wing, Colorado Springs, CO 80916-2300 $3,911,805 Jan 2019 30,378 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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