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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Strip malls
1740 Shasta Dr Colorado Springs, CO 80910-1912
Entity Owned
20-yr Hold
Free & Clear
Property ID
US13-2748063
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,600 SF
Lot
0.35 ac (15,286 SF)
Zoning code
PBC
APN
6428105009
UPID
US13-2748063
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
-
Mesa Liquors (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Athena Bitcoin ATM Atm Crypto Atm
-
Bitcoin of America ATM Atm Currency Exchange Service
-
Bitcoin Depot ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$943k
Blend (final)
Blend
$685k
Owner & transaction history
Shasta Drive LLC · 20 yrs held
Shasta Drive LLC
since 2005
7 recorded transactions
Zoning & alternative use
PBC · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$685k
Range $617k – $754k · ±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
$104 / 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
$159,810
Assessed 2023
Previous assessed
$159,810
+0.0% YoY
Assessed land
$21,320
Assessed improvement
$138,490
Land market value
$76,430
Improvement market value
$496,385
Total market value
$572,815
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
Off-Market
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
6,600 SF
Lot
0.35 ac (15,286 SF)
Zoning code
PBC
APN
6428105009
UPID
US13-2748063
Jurisdiction
EL PASO
Zoning & alternative use
PBC · Colorado Springs, CO
Zoning PBC · permitted uses
PBC · 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.
Building & site characteristics
From public records
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Shasta Drive LLC
Entity
Free & Clear · 20 yrs held
Mailing address
4075 CHARRO DR, COLORADO SPRINGS, CO 80911-3449
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2020
—
Shasta Drive LLC
—
Deed
related
$350,000 · Rocky Mountain Bk
Feb 4, 2019
—
Shasta Drive LLC
—
Deed
related
$470,000 · Independent Bk
Aug 16, 2005
—
Shasta Drive LLC
Caldwell,hyo J
Quit Claim Deed
related
—
Jan 20, 2005
$790,000
Hyo Ja Caldwell
Hwi W Bang
Special Warranty Deed
$592,500 · Us Bank NA
—
—
Hwi W Bang
—
Deed Of Trust
related
$465,000 · Firstbank Of Littleton
—
—
Shasta Drive LLC
—
Loan Modification
related
$470,000 · Independent Bk
—
—
Shasta Drive LLC
—
Deed Of Trust
related
$350,000 · Rocky Mountain Bk
—
—
Shasta Drive LLC
—
Deed Of Trust
related
$100,000 · Us Bank NA
—
—
Shasta Drive LLC
—
Deed Of Trust
related
$75,000 · Us Bank NA
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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