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Property profile & analytics
OFF-MARKET
Estimated value
$2,560,000
Assisted living facilities
2102 University Park Blvd Colorado Springs, CO 80918-3678
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US13-0031730
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2006
Construction
WOOD FRAME
Total area
7,785 SF
Lot
1.88 ac (81,893 SF)
Zoning code
OC
APN
6321213003
UPID
US13-0031730
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
-
Dr. Julie L. Sanford, MD Physician
-
Sandstone Care Detox Center Medical Clinic
-
Molly Grenier, PMHNP Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.81M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.56M
Owner & transaction history
Yang Win LLC · 6 yrs held
Yang Win LLC
since 2020
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
OC · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
B. OC - Office complex: This zone district accommodates various types of office uses performing administrative, professional and personal services. These are typically small office buildings developed in a cluster with an internal traffic system or one larger office building with considerable landscaping. This type of development can serve as a transitional…
Zone name
Office Complex
General category
UNKNOWN
Zone area
25.70 ac
Top alternative use upside
Commercial (general)
$1.6M
+494.0%
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
$2,765,000
ML approach
$2,810,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,635,000
Change: +494% · Conversion: Difficult
Blend value · Realmo final
$2.56M
Range $2.30M – $2.82M · ±10% · vs last sale $2.33M (Apr 14 2020)
Last sale anchor
$2.33M
Apr 14 2020
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
$329 / 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
Tax billed
$32,249
Tax year 2023
Assessed value
$588,280
Assessed 2023
Previous assessed
$588,280
+0.0% YoY
Effective rate
5.48%
On assessed value
Assessed land
$221,620
Assessed improvement
$366,660
Land market value
$794,352
Improvement market value
$1,314,190
Total market value
$2,108,542
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2006
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
12
Total area
7,785 SF
Lot
1.88 ac (81,893 SF)
Zoning code
OC
APN
6321213003
UPID
US13-0031730
Jurisdiction
EL PASO
Zoning & alternative use
OC · Colorado Springs, COZoning OC · permitted uses
OC · Colorado Springs, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
B. OC - Office complex: This zone district accommodates various types of office uses performing administrative, professional and personal services. These are typically small office buildings developed in a cluster with an internal traffic system or one larger office building with considerable landscaping. This type of development can serve as a transitional use between more intensive uses of land such as major thoroughfares and/or commercial districts and the less intensive uses of land such as low density residential.
Zone name
Office Complex
General category
UNKNOWN
Zone area
25.70 ac
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.6M
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
12
Lot
1.88 ac
Current owner
From public records · entity-resolved
Yang Win LLC
Entity
Mailing address
8379 COLORADO SPRUCE LN, COLORADO SPRINGS, CO 80927-4084
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2020
$2,328,000
Yang Win LLC
Holub Robert & Deborah Trust
Grant Deed
$1,265,000 · Adams Bk&tr
Apr 13, 2017
—
Robert J Holub & Deborah J Holub Re
—
Deed
related
—
Dec 8, 2015
$1,440,000
Holub,robert & Deborah Trust
Shadow Mountain LLC
Quit Claim Deed
related
—
Sep 14, 2015
$1,440,000
Shadow Mountain LLC
Hospice Properties IV LLC
Warranty Deed
$1,375,000 · Private Individual
Jan 26, 2005
$600,000
Hospice Properties IV LLC
University Park Properties LLC
Warranty Deed
—
Oct 14, 2004
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Sep 9, 2004
$525,000
University Park Properties LLC
Palmer Village Holdings LLC
Grant Deed
$412,356 · Palmer Village Holdings LLC
Aug 4, 2003
—
Palmer Village Holdings LLC
Smith,jeffrey B
Grant Deed
related
—
Jan 29, 1999
$2,000
Elite Properties
Pulpit Rock Investments LLC
Quit Claim Deed
related
—
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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