Financial
Distress signals
Property profile

1625 Medical Center Pt Colorado Springs, CO 80907

FOR LEASE
Medical Office Space
Property ID
US13-1213343
68,278 SF 4.39 ac lot Built 1992
Last sale Jun 2020 · $10,025,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The Union Medical Campus, a prestigious Class A medical office building, offers exceptional space in Colorado Springs, CO. Located at 1625 Medical Center Point, 80907, this property enjoys a prime location in the North submarket of El Paso County, at the northwest corner of the busy intersection of Union Boulevard and Fillmore Street. The building totals 70,045 square feet and features two suites, providing flexibility for various medical practices. Currently, 3,085 square feet of space is

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$185k
Tax billed · 2023
Assessed value$3.39M
Assessed land$424k
Assessed improvement$2.97M
Effective rate5.47%

Value estimate

· Sep 2026
$11.91M
$10.71M – $13.10M
AI approach$10.81M
CAP approach$11.83M
Sales comparison$13.16M
NOI build-up
Gross scheduled income$1.05M
Vacancy & credit loss−$131k
Operating expenses−$230k
NOI · 3,134,113.64% cap applied$690k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$241/SF
Submarket average, outlier-cleaned · 94 recorded sales of this use type
Observed band · Q1–Q3$147 – $331

Cap rate analysis

How does the asset earn?
3,134,113.64%
$690k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
OC/CR CU
JurisdictionEL PASO

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm21.3
Parking Facility13.9
Restaurant11.9

Location

1625 Medical Center Pt Colorado Springs, CO 80907
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file 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
320 Fontanero, Colorado Springs, CO 80907-7529 $10,575,000 Dec 2021 46,305 SF
3920 Un, Colorado Springs, CO 80907-4900 $16,020,000 Aug 2021 103,599 SF
1715 Weber, Colorado Springs, CO 80907-7532 $2,628,750 Sep 2020 35,050 SF
1633 Medical Ctr, Colorado Springs, CO 80907-5700 $15,600,000 Jun 2020 46,626 SF
3480 Centennial, Colorado Springs, CO 80907-4087 $2,050,000 Oct 2018 11,663 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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