New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,380,000
Distribution centers
1775 Murray Blvd, Colorado Springs, CO 80916-4513
Entity Owned
18-yr Hold
Free & Clear
Property ID
US13-0329942
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
48,570 SF
Lot
4.15 ac (180,774 SF)
Zoning code
PIP2 SS AO
APN
6426204015
UPID
US13-0329942
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
by Request
Comparable Approach
Comparable
$5.84M
Blend (final)
Blend
$4.38M
Owner & transaction history
Carleton Real Estate Invs LLC · 18 yrs held
Carleton Real Estate Invs LLC
since 2008
7 recorded transactions
Zoning & alternative use
PIP2 SS AO · 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
$4.38M
Range $3.94M – $4.82M · ±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
$90 / 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
$1,153,470
Assessed 2023
Previous assessed
$1,153,470
+0.0% YoY
Assessed land
$153,830
Assessed improvement
$999,640
Land market value
$551,361
Improvement market value
$3,582,937
Total market value
$4,134,298
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Total area
48,570 SF
Lot
4.15 ac (180,774 SF)
Zoning code
PIP2 SS AO
APN
6426204015
UPID
US13-0329942
Jurisdiction
EL PASO
Zoning & alternative use
PIP2 SS AO · Colorado Springs, CO
Zoning PIP2 SS AO · permitted uses
PIP2 SS AO · 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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Lot
4.15 ac
Current owner
From public records · entity-resolved
Carleton Real Estate Invs LLC
Entity
Free & Clear · 18 yrs held
Mailing address
4835 CENTENNIAL BLVD, COLORADO SPRINGS, CO 80919-3308
Ownership since
2008
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
Jan 23, 2008
$3,250,000
Carleton Real Estate Invs LLC
Bjp Real Estate Ptshp Ltd
Grant Deed
—
Dec 28, 1999
—
Bjp Real Estate Ptshp Ltd
Boice Farms INC
Grant Deed
related
—
—
—
Carleton Real Estate Invs LLC
—
Deed Of Trust
related
$6,000,000 · Kirkpatrick Bk
—
—
Carleton Real Estate Invs LLC
—
Deed Of Trust
related
—
—
—
Carleton Real Estate Invs LLC
—
Loan Modification
related
—
—
—
Carleton Real Estate Invs LLC
—
Deed Of Trust
related
$2,018,875 · Kirkpatrick Bank
—
—
Carleton Real Estate Invs LLC
—
Deed Of Trust
related
$2,490,000 · Academy Bank
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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