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    Property profile & analytics

    19 S Tejon St Colorado Springs, CO 80903

    • Office buildings
    • 39,971 SF
    • 0.33 lot acres
    For Lease
    View listing
    $16 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US13-0033227
    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

    • Brad A. Marten, PsyD / Psychologist
    • Peoples Bank / Bank
    • Springs Justice Center / Law Firm
    • Paramount Residential Mortgage Group, Inc. / Mortgage Broker
    • Firebird Chicken Sandwiches / Restaurant / Chicken Restaurant

    Property Details for 19 S Tejon St

    Year built
    1956
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.33 lot acres
    Property size
    39,971 SF
    Zone code
    FBZ-CEN
    Property type
    Office buildings
    APN
    6418215004
    APU
    6418215004

    Description

    Nineteen North, located at 19 N. Tejon Street in the heart of downtown Colorado Springs, CO 80903, presents a unique investment opportunity. This three-story building, totaling 44,550 square feet with 38,199 square feet of net rentable space, underwent a complete renovation in 2020. The property offers a diverse range of uses, encompassing retail, office, and executive office spaces, making it ideal for a variety of businesses. The building's versatility is further enhanced by nine available food vendor locations, perfect for creating a vibrant and bustling atmosphere. A significant draw is the inclusion of a brand new Motorcycle Museum showcasing over 30 classic motorcycles, adding a unique and attractive element to the property. This triple-net (NNN) lease opportunity is situated in El Paso County and provides exceptional visibility and accessibility within Colorado Springs' thriving downtown area. The building's modern design and prime location combine to create a highly desirable commercial space. This is an exceptional chance to acquire a fully renovated, multi-use property in a dynamic and growing urban center. The property's diverse offerings and strategic location make it an attractive investment for both long-term growth and immediate income generation.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.823
    Latitude
    38.8347
    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
    $101,213
    $165,790
    $1,404,760
    $1,570,550
    -
    $594,225
    $5,034,999
    $5,629,224

    Comparable in this City

    • Value Estimation by Request
      66,600 SF

      27 Vermijo Ave

      OFFICE BUILDING • 66,600 SF
      27 Vermijo Ave, Colorado Springs, CO 80903-2208
      View Details
    • Value Estimation by Request
      16,443 SF

      27 Tejon St

      OFFICE BUILDING • 16,443 SF
      27 Tejon St, Colorado Springs, CO 80903-1538
      View Details
    • Value Estimation by Request
      1,471 SF

      508 Tejon St

      OFFICE BUILDING • 1,471 SF
      508 Tejon St, Colorado Springs, CO 80903-1110
      View Details
    • Value Estimation by Request
      201,366 SF

      102 Tejon St

      OFFICE BUILDING • 201,366 SF
      102 Tejon St, Colorado Springs, CO 80903-2231
      View Details
    • Value Estimation by Request
      650 SF

      935 Tejon St

      OFFICE BUILDING • 650 SF
      935 Tejon St, Colorado Springs, CO 80903-4236
      View Details
    • Value Estimation by Request
      97,214 SF

      705 Nevada Ave

      OFFICE BUILDING • 97,214 SF
      705 Nevada Ave, Colorado Springs, CO 80903-4027
      View Details

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    Similar Nearby for Lease

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      Historic Downtown Colorado Springs Office

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    • $20 SF/Yr
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      Downtown Colorado Springs Office Space

      Prime Tejon Street Office, 1000 SF Available
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    • $1,250 /Mo
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      Private Office Space For Rent

      Private office space with shared amenities and free parking.
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    • $17 SF/Yr
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      Downtown Colorado Springs Office Space

      Four-story office property in the heart of Colorado Springs.
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      View Details
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    Colorado Springs, CO 80903
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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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