Property profile

1775 8th St Colorado Springs, CO 80905

OFF-MARKET
Medical Office Space
Property ID
US13-0405276
5,436 SF 0.92 ac lot Built 1975
Entity Owned 16-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1975
Construction WOOD FRAME
Total area 5,436 SF
Lot 0.92 ac (40,075 SF)
Zoning code C5
APN 7425109018
UPID US13-0405276

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Weight Loss Service
  • Corporate Office
  • Alternative Medicine Practice Spa & Massage Center
  • Physician

Location

1775 8th St Colorado Springs, CO 80905-1926
Colorado Springs metro Census 3002 COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$940k
Comparable Approach Comparable
$831k
Blend (final) Blend
$415k

Owner & transaction history

since 2010
7 recorded transactions
2023
Price N/A
2022
Price N/A
2010
$525,000
2008
Price N/A
2007
$540,143
2004
$550,000
1969
Price N/A

Zoning & alternative use

C5 · Colorado Springs, CO
Top alternative use upside
Neighborhood: shopping center $1.5M +10.8%
Auto repair, garage $1.3M +2.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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