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Property profile & analytics
FOR LEASE
Strip malls
15932 Jackson Creek Pkwy Monument, CO 80132
Entity Owned
13-yr Hold
Free & Clear
Property ID
US13-0674823
For Lease
1 / 2
$1,800,000
15932 Jackson Creek Pkwy, Monument, CO 80132
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,000 SF
Lot
1.8 ac (78,408 SF)
Zoning code
PUD
APN
7126005003
UPID
US13-0674823
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.12M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.80M
Owner & transaction history
Tkg Monument Dev LLC · 13 yrs held
Tkg Monument Dev LLC
since 2013
7 recorded transactions
Zoning & alternative use
PUD · Monument, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.9M
+17.3%
Apartment house (5+ units)
$2.9M
+14.8%
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 Monument submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monument 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%
$2,300,000
6.5%
$2,120,000
7%
$1,970,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,490,000
Current use
WAREHOUSE, STORAGE
$2,920,000
Change: +17% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,860,000
Change: +15% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,440,000
Change: -2% · Conversion: Difficult
MEDICAL BUILDING
$2,190,000
Change: -12% · Conversion: Difficult
RETAIL STORES
$2,120,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$1.80M
Range $1.62M – $1.98M · ±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
$200 / 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
$72,524
Tax year 2023
Assessed value
$799,660
Assessed 2023
Previous assessed
$799,660
+0.0% YoY
Effective rate
9.07%
On assessed value
Assessed land
$482,360
Assessed improvement
$317,300
Land market value
$1,728,896
Improvement market value
$1,137,290
Total market value
$2,866,186
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
9,000 SF
Lot
1.8 ac (78,408 SF)
Zoning code
PUD
APN
7126005003
UPID
US13-0674823
Jurisdiction
EL PASO
Zoning & alternative use
PUD · Monument, CO
Zoning PUD · permitted uses
PUD · Monument, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monument. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.5M
WAREHOUSE, STORAGE
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$2.2M
RETAIL STORES
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER Current
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
MEDICAL 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
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.8 ac
Current owner
From public records · entity-resolved
Tkg Monument Dev LLC
Entity
Free & Clear · 13 yrs held
Mailing address
211 N STADIUM BLVD STE #201, COLUMBIA, MO 65203-1161
Ownership since
2013
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
Jul 5, 2019
—
Tkg Monument Dev LLC
—
Grant Deed
related
$134,045,000 · Morgan Stanley Pvt Bk NA
Aug 18, 2014
—
Tkg Monument Dev LLC
—
Grant Deed
related
$108,495,000 · Morgan Stanley Bk
Mar 28, 2013
—
Tkg Monument Dev LLC
Monument Marketplace Shops LLC
Quit Claim Deed
related
—
Sep 1, 2006
—
Monument Marketplace Shops LLC
Monument Market Place INC
Quit Claim Deed
related
—
Nov 23, 2005
—
Monument Market Place INC
Monument Towne Center LLC
Quit Claim Deed
related
—
Aug 5, 2004
—
Record Owner
Owner,record
Quit Claim Deed
related
—
—
—
Tkg Monument Dev LLC
—
Deed Of Trust
related
$19,975,000 · Bank Of America
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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