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Property profile & analytics
OFF-MARKET
Estimated value
$1,070,000
Distribution centers
1410 Dustry Dr Colorado Springs, CO 80905-2840
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0877618
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1963
Construction
STEEL FRAME
Total area
3,690 SF
Lot
1.03 ac (44,867 SF)
Zoning code
M1
APN
6429401070
UPID
US13-0877618
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
-
Switzer Endeavors Storage Facility
-
U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$927k
Blend (final)
Blend
$1.07M
Owner & transaction history
Bmc Springs LLC · 4 yrs held
Bmc Springs LLC
since 2021
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
M1 · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+133.9%
Neighborhood: shopping center
$985,000
+62.0%
Auto repair, garage
$910,000
+49.6%
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
$1,045,000
ML approach
$1,040,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,420,000
Change: +134% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$985,000
Change: +62% · Conversion: Moderate
AUTO REPAIR, GARAGE
$910,000
Change: +50% · Conversion: Easy
MEDICAL BUILDING
$890,000
Change: +46% · Conversion: Difficult
OFFICE BUILDING
$790,000
Change: +30% · Conversion: Difficult
RETAIL STORES
$775,000
Change: +28% · Conversion: Moderate
Blend value · Realmo final
$1.07M
Range $963k – $1.18M · ±10% · vs last sale $1.10M (Oct 27 2021)
Last sale anchor
$1.10M
Oct 27 2021
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
$290 / 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
$7,586
Tax year 2023
Assessed value
$156,140
Assessed 2023
Previous assessed
$156,140
+0.0% YoY
Effective rate
4.86%
On assessed value
Assessed land
$51,950
Assessed improvement
$104,190
Land market value
$186,194
Improvement market value
$373,451
Total market value
$559,645
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
1963
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Total area
3,690 SF
Lot
1.03 ac (44,867 SF)
Zoning code
M1
APN
6429401070
UPID
US13-0877618
Jurisdiction
EL PASO
Zoning & alternative use
M1 · Colorado Springs, CO
Zoning M1 · permitted uses
M1 · 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
COMMERCIAL (GENERAL)
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$985,000
AUTO REPAIR, GARAGE
Est. value
$910,000
MEDICAL BUILDING
Est. value
$890,000
OFFICE BUILDING
Est. value
$790,000
RETAIL STORES
Est. value
$775,000
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
1963
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Lot
1.03 ac
Current owner
From public records · entity-resolved
Bmc Springs LLC
Entity
Mailing address
6126 APPLEWOOD RDG CIR, COLORADO SPRINGS, CO 80918-3307
Ownership since
2021
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
Dec 22, 2021
—
Bmc Springs LLC
—
Deed
related
$456,000 · Bside Capital
Oct 27, 2021
$1,099,000
Bmc Springs LLC
Switzers Endeavors LLC
Warranty Deed
$549,500 · The Pueblo Bank And Trust Co
Dec 2, 2020
—
Switzers Endeavors LLC
—
Deed
related
—
Nov 7, 2019
—
Switzers Endeavors LLC
—
Deed
related
$375,000 · 5star Bank
Jun 16, 2017
$620,000
Switzers Endeavors LLC
Denman Holdings-1410 LLC
Grant Deed
—
Feb 25, 2011
—
Denman Holdings-1410 LLC
Denman,robert B
Quit Claim Deed
related
—
—
—
Switzers Endeavors LLC
—
Loan Modification
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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