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    Property profile & analytics

    1911 Lelaray St Colorado Springs, CO 80909-2803

    • Office buildings
    • 1,760 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Location Intelligence
    Property ID
    US13-0362433
    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

    • Moth To A Flame Media / Internet Shop
    • Club Dent / Club
    • David M. Webb, DDS / Dentist

    Property Details for 1911 Lelaray St

    Year built
    1985
    Construction
    WOOD FRAME
    Lot size
    0.25 lot acres
    Property size
    1,760 SF
    Zone code
    OR
    Property type
    Office buildings
    APN
    6404308034
    APU
    6404308034

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $325,000
      6.5%
      $320,000
      7%
      $280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $270,000
      Geo Method
      $325,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $310,000
      Retail
      $300,000
      Mixed-Use
      $340,000
      Hospitality
      $355,000
      Educational
      $295,000
      Residential Income
      $390,000
      Energy
      $360,000
      Income-Based Land
      $385,000
      Food Service
      $290,000

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.792
    Latitude
    38.8566
    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
    $11,340
    $14,880
    $197,390
    $212,270
    -
    $53,350
    $707,506
    $760,856

    Comparable in this City

    • Value Estimation by Request
      6,240 SF

      525 Bob Peters Grv

      OFFICE BUILDING • 6,240 SF
      525 Bob Peters Grv, Colorado Springs, CO 80909-4533
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    • Value Estimation by Request
      629 SF

      2318 Boulder St

      OFFICE BUILDING • 629 SF
      2318 Boulder St, Colorado Springs, CO 80909-6025
      View Details
    • Value Estimation by Request
      152,517 SF

      2420 Pike Peak Ave

      OFFICE BUILDING • 152,517 SF
      2420 Pike Peak Ave, Colorado Springs, CO 80909-6005
      View Details
    • Value Estimation
      $225,000
      1,568 SF

      2120 Academy Cir

      OFFICE BUILDING • 1,568 SF
      2120 Academy Cir, Colorado Springs, CO 80909-1687
      View Details
    • Value Estimation
      $395,000
      7,113 SF

      1465 Un Blvd

      OFFICE BUILDING • 7,113 SF
      1465 Un Blvd, Colorado Springs, CO 80909-2875
      View Details
    • Value Estimation
      $365,000
      361 SF

      1202 Academy Blvd

      OFFICE BUILDING • 361 SF
      1202 Academy Blvd, Colorado Springs, CO 80909-4407
      View Details

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      Office Building Near Downtown

      15,672 SF office building suitable for owner-user or investor.
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      Office building with elevator, balconies, great views, and parking.
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    Similar Nearby for Lease

    • Contact for pricing
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    • $875 /Mo
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      Office Space for Small Business

      Office space with amenities available January 1st, 2020.
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    • $18 SF/Yr
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      Centrally Located Professional Office Suite

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      View Details
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    1911 Lelaray St
    Colorado Springs, CO 80909-2803
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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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