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Property profile & analytics
OFF-MARKET
Estimated value
$1,540,000
Medical Office Space
1750 Telstar Dr, Colorado Springs, CO 80920-1047
Entity Owned
11-yr Hold
Free & Clear
Property ID
US13-0354383
Property summary
AI-generated overview
This exceptional 1,913 square foot medical office space is located at 1750 Telstar Drive in Colorado Springs, Colorado, within the desirable CO - Colorado Springs North submarket. Part of a larger, well-maintained Class B building constructed in 2000, this property offers a prime location in the heart of Briargate, adjacent to the Shops at Briargate. The building itself totals 14,046 square feet, encompassing a single suite across two stories, situated on a generous 1.86-acre lot. The property boasts stunning views of Pikes Peak and the surrounding mountain range. The zoning is designated BP
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2000
Construction
WOOD FRAME
Total area
14,046 SF
Lot
1.86 ac (81,022 SF)
Zoning code
PIP1
APN
6232409002
UPID
US13-0354383
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
-
Whole Living Pilates Gym & Fitness Center
-
Breathe Correct of Colorado Springs Medical Clinic
-
Dr. Alice Kaniff Medical Clinic
-
Christie L. Sonchar, DC Alternative Medicine Practice
-
Cali Bad Credit Loans Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$1.54M
Owner & transaction history
Avvento LLC · 11 yrs held
Avvento LLC
since 2014
7 recorded transactions
Zoning & alternative use
PIP1 · 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
$1.54M
Range $1.39M – $1.69M · ±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
$110 / 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
$38,172
Tax year 2023
Assessed value
$618,280
Assessed 2023
Previous assessed
$618,280
+0.0% YoY
Effective rate
6.17%
On assessed value
Assessed land
$270,130
Assessed improvement
$348,150
Land market value
$968,201
Improvement market value
$1,247,866
Total market value
$2,216,067
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2000
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Total area
14,046 SF
Lot
1.86 ac (81,022 SF)
Zoning code
PIP1
APN
6232409002
UPID
US13-0354383
Jurisdiction
EL PASO
Zoning & alternative use
PIP1 · Colorado Springs, CO
Zoning PIP1 · permitted uses
PIP1 · 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
2000
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
2
Lot
1.86 ac
Current owner
From public records · entity-resolved
Avvento LLC
Entity
Free & Clear · 11 yrs held
Mailing address
PO BOX 394, RATON, NM 87740-0394
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 26, 2014
—
Avvento LLC
Senior Deputy Public Trustee|smith,j Edwin JR
Trustees Deed
related
—
Dec 11, 2014
$1,311,350
J Edwin JR|sonchar Joseph A Smith
Deputy Public Te Of El Paso Cnty
Certificate Of Purchase
$1,852,591
Oct 18, 2010
$79,200
Joseph A Rota
Smith,j Edwin JR
Grant Deed
—
May 5, 2008
$519,418
Joseph A Rota
Smith,j Edwin JR
Grant Deed
$58,483 · J Edwin JR Smith
May 5, 2008
—
Joseph A Rota
Sar Tencom Ltd Lllp
Grant Deed
—
May 4, 2006
—
Sar Tencom Ltd Lllp
Smith,j E
Grant Deed
—
Jun 26, 2000
$205,500
J E Smith
Smith,j E
Grant Deed
related
—
Jan 25, 2000
—
J E Smith
Smith,j E
Quit Claim Deed
related
$1,852,591 · Firstmerit 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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