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Property profile & analytics
OFF-MARKET
Parking lots & garages
200 Cascade Ave, Colorado Springs, CO 80903-2202
Entity Owned
4-yr Hold
Free & Clear
Property ID
US13-1008169
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1976
Construction
CONCRETE
Total area
98,047 SF
Lot
3.67 ac (159,865 SF)
Zoning code
FBZ-CEN UV
APN
6418307012
UPID
US13-1008169
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
Current use
Occupant on record · Public records
-
El Paso County Administration County Government Office
-
Colorado MV Express Kiosk Department Of Motor Vehicles Kiosk
-
dmv Corporate Office
-
Red Rock Ranch Homeowners Association Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
El Paso County · 4 yrs held
El Paso County
since 2021
Last sale
$1,237
4 recorded transactions
Zoning & alternative use
FBZ-CEN UV · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,214,390
Assessed 2023
Previous assessed
$9,214,390
+0.0% YoY
Assessed land
$1,364,830
Assessed improvement
$7,849,560
Land market value
$4,891,869
Improvement market value
$28,134,625
Total market value
$33,026,494
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
1976
Construction
CONCRETE
Heating
NONE
Buildings
3
Stories
4
Total area
98,047 SF
Lot
3.67 ac (159,865 SF)
Zoning code
FBZ-CEN UV
APN
6418307012
UPID
US13-1008169
Jurisdiction
EL PASO
Zoning & alternative use
FBZ-CEN UV · Colorado Springs, CO
Zoning FBZ-CEN UV · permitted uses
FBZ-CEN UV · 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
1976
Construction
CONCRETE
Heating
NONE
Stories
4
Buildings
3
Lot
3.67 ac
Current owner
From public records · entity-resolved
El Paso County
Entity
Free & Clear · 4 yrs held
Mailing address
200 S CASCADE AVE #150, COLORADO SPRINGS, CO 80903-2202
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2021
$1,237
El Paso County
Billy D Sellin
Special Warranty Deed
—
Nov 12, 2020
—
Colorado Dept Of Transportation
Board Of County Commissioners
Grant Deed
related
—
Sep 23, 2020
—
Board Of Cnty Commissioners & El Pa
City Of Fountain
Quit Claim Deed
related
—
—
—
Bible Electric INC
—
Deed Of Trust
related
$75,000 · Firstbank Of El Paso County
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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