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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Retail space
1327 Colorado Ave Colorado Springs, CO 80904-4022
Entity Owned
Property ID
US13-0653308
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1899
Construction
FRAME
Total area
1,898 SF
Lot
0.17 ac (7,500 SF)
Zoning code
C5
APN
7413212008
UPID
US13-0653308
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
-
Lush + Lather Hair Salon
-
Beauty by Bethany at Lush + Lather Hair Salon
-
Reine Leech Hair Hair Salon
-
Madden Hair Hair Salon
-
Your Hair Artist Jasmine Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
$350k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$535k
Owner & transaction history
Ofe Base LLC
Ofe Base LLC
since 2025
Last sale
$545,000
7 recorded transactions
Zoning & alternative use
C5 · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$730,000
+105.2%
Neighborhood: shopping center
$505,000
+42.2%
Auto repair, garage
$465,000
+31.3%
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
$550,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
$380,000
6.5%
$350,000
7%
$325,000
Alternative Use
Use
Estimation
RETAIL STORES
$355,000
Current use
COMMERCIAL (GENERAL)
$730,000
Change: +105% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$505,000
Change: +42% · Conversion: Moderate
AUTO REPAIR, GARAGE
$465,000
Change: +31% · Conversion: Difficult
MEDICAL BUILDING
$455,000
Change: +28% · Conversion: Difficult
OFFICE BUILDING
$405,000
Change: +14% · Conversion: Easy
WAREHOUSE, STORAGE
$375,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $545k (Jul 1 2025)
Last sale anchor
$545k
Jul 1 2025
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
$282 / 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
Assessed value
$72,000
Assessed 2023
Previous assessed
$72,000
+0.0% YoY
Assessed land
$9,800
Assessed improvement
$62,200
Land market value
$66,376
Improvement market value
$421,519
Total market value
$487,895
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1899
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Rooms
6
Bathrooms
2
Total area
1,898 SF
Lot
0.17 ac (7,500 SF)
Zoning code
C5
APN
7413212008
UPID
US13-0653308
Jurisdiction
EL PASO
Zoning & alternative use
C5 · Colorado Springs, CO
Zoning C5 · permitted uses
C5 · 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
RETAIL STORES Current
Est. value
$355,000
COMMERCIAL (GENERAL)
Est. value
$730,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$505,000
AUTO REPAIR, GARAGE
Est. value
$465,000
MEDICAL BUILDING
Est. value
$455,000
OFFICE BUILDING
Est. value
$405,000
WAREHOUSE, STORAGE
Est. value
$375,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1899
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
6
Bathrooms
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Ofe Base LLC
Entity
Mailing address
1817 PEJN AVE, COLORADO SPRINGS, CO 80904-2829
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2025
—
Ofe Base LLC
James Douglas Grenside Dobson
Deed
related
—
Oct 1, 2025
—
Sharon Nelson
Sharon Nelson
Deed
related
—
Oct 1, 2025
$545,000
James Douglas Grenside Dobson
Sharon Nelson
Warranty Deed
—
Apr 8, 2025
—
Sharon Nelson
Sharon Hornschuch
Deed
related
—
Mar 23, 2020
$462,500
Sharon Hornschuch
Ppci Properties LLC
Grant Deed
$162,500 · Ppci Properties LLC
Jan 5, 2018
—
Ppci Properties LLC
Dna Investments LLC
Quit Claim Deed
related
$250,000 · Vectra Bk/co
Apr 7, 2008
$110,000
Dna Investments LLC
Keller,wayne W
Warranty Deed
—
Jul 19, 2006
—
Wayne W Keller
Keler,wayne W
Grant Deed
related
—
Jul 5, 2006
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Mar 20, 2006
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Jan 30, 2006
—
Wayne W Keller
Martone,joel M
Quit Claim 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.
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