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    Property profile & analytics

    1896 Democracy Pt Colorado Springs, CO 80908-5274

    • Grocery and convenience stores
    • 3,200 SF
    • 1.03 lot acres
    OFF-MARKET
    Value Estimation
    $5,565,000
    Last Sale
    Feb 25, 2021
    $5,850,000
    Location Intelligence
    Property ID
    US13-1054319
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 1896 Democracy Pt

    Year built
    2020
    Construction
    WOOD FRAME
    Lot size
    1.03 lot acres
    Property size
    3,200 SF
    Zone code
    PUD
    Property type
    Grocery and convenience stores
    APN
    6220402009
    APU
    6220402009

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,555,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,655,000
      6.5%
      $6,170,000
      7%
      $5,235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,150,000
      Geo Method
      $6,065,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,690,000
      Retail
      $5,155,000
      Mixed-Use
      $5,340,000
      Hospitality
      $5,215,000
      Educational
      $5,100,000
      Residential Income
      $5,270,000
      Energy
      $5,425,000
      Income-Based Land
      $6,405,000
      Food Service
      $6,600,000

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.794
    Latitude
    38.9901
    CBSA code
    17820
    CBSA name
    COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $70,497
    $312,950
    $218,140
    $531,090
    -
    $1,121,675
    $781,864
    $1,903,539

    Comparable in this City

    • Value Estimation
      $7,260,000
      5,567 SF

      1808 Democracy Pt

      CONVENIENCE STORE • 5,567 SF
      1808 Democracy Pt, Colorado Springs, CO 80908-5274
      View Details
    • Value Estimation
      $495,000
      3,010 SF

      7718-7720 Woodmen Rd

      CONVENIENCE STORE • 3,010 SF
      7718-7720 Woodmen Rd, Colorado Springs, CO 80908
      View Details
    • Value Estimation by Request
      1,144 SF

      6753 Shoup Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,144 SF
      6753 Shoup Rd, Colorado Springs, CO 80908
      View Details
    • Value Estimation
      $345,000
      473 SF

      6460 Old Rnch Rd

      RETAIL STORES (PERSONAL SERVICES) • 473 SF
      6460 Old Rnch Rd, Colorado Springs, CO 80908-3920
      View Details
    • Value Estimation by Request
      2.69 Acres

      3586 Blue Horizon Vw

      Individual retail properties • 1 SF
      3586 Blue Horizon Vw, Colorado Springs, CO 80908
      View Details
    • Value Estimation
      $2,810,000
      4,711 SF

      1820 Democracy Pt

      RETAIL STORES (PERSONAL SERVICES) • 4,711 SF
      1820 Democracy Pt, Colorado Springs, CO 80908-5274
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2.69 Acres

      Colorado Springs Retail Land

      Prime Retail Pad Sites, High Traffic
      3586 Blue Horizon Vw, Colorado Springs, CO 80908
      View Details
    • $950,000
      0.60 Acres

      Colorado Springs Retail Land Investment

      High-Visibility Retail Lot, Excellent Location
      7945 Marksheffel Rd, Colorado Springs, CO 80908
      View Details
    • Contact for pricing
      1.34 Acres

      Woodmen Heights Retail Land Opportunity

      Prime Colorado Springs retail land, high traffic.
      0 Nwc Of Woodmen Rd & Marksheffel Rd, Colorado Springs, CO 80908
      View Details
    • Contact for pricing
      0.60 Acres

      Colorado Springs Commercial Land

      High-visibility medical & retail lots.
      0 Woodmen Rd & Marksheffel Rd, Colorado Springs, CO 80908
      View Details
    • $3,700,000
      4,228 SF

      Restaurant Property in Victory Ridge

      New restaurant in Victory Ridge near I-25 for sale.
      1856 Democracy Pt, Colorado Springs, CO 80908
      View Details
    • $3,700,000
      4,228 SF

      Colorado Springs Restaurant Investment

      High-Cap Restaurant, Prime Location
      1856 Democracy Pt, Colorado Springs, CO 80908
      View Details

    Similar Nearby for Lease

    • $42 SF/Yr
      1 SF

      Colorado Springs Retail Opportunity

      Prime Retail Land, Two Spaces Available
      7945 Marksheffel Rd, Colorado Springs, CO 80908
      View Details
    • $37 SF/Yr
      12,800 SF

      Woodmen Road Retail Space Available

      Prime Colorado Springs retail space, 2,673 sq ft.
      0 Nwc Woodmen Rd And Marksheffle Rd, Colorado Springs, CO 80908
      View Details
    • $46 SF/Yr
      9,539 SF

      Shiloh Mesa Retail Center

      Colorado Springs retail space, prime location
      8099 Carmela Grv, Colorado Springs, CO 80908
      View Details
    • $42 SF/Yr
      6,500 SF

      Woodmen Road Retail Opportunity

      Colorado Springs retail space for lease.
      7857 Woodmen Rd, Colorado Springs, CO 80908
      View Details
    • Contact for pricing

      Victory Ridge Retail and Mixed-Use

      Commercial land available for lease in Victory Ridge development.
      10020 Federal Dr, Colorado Springs, CO 80908
      View Details
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    Colorado Springs, CO 80908-5274
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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