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Property profile & analytics
OFF-MARKET
Office buildings
2120 Academy Cir Colorado Springs, CO 80909-1687
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US13-1244055
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Construction
WOOD FRAME
Total area
1,568 SF
Lot
0.09 ac (3,980 SF)
Zoning code
OC
APN
6402219038
UPID
US13-1244055
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
-
Heal the Core, Mental Health Repatterning Systems, LLC Alternative Medicine Practice
-
The Antioch Team at Kenney and Company Real Estate Agency
-
Maiman Joel B PhD Physician Medical Clinic
-
Sara Smith, Kenney & Company Real Estate Agency
-
Andrew Perkett, Realtor with Better Homes and Gardens Real Estate Kenney & Company Real Estate Agency
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
Selah Management Group LLC · 7 yrs held
Selah Management Group LLC
since 2018
2 recorded transactions
Zoning & alternative use
OC · 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
Tax billed
$2,214
Tax year 2023
Assessed value
$48,780
Assessed 2023
Previous assessed
$48,780
+0.0% YoY
Effective rate
4.54%
On assessed value
Assessed land
$8,780
Assessed improvement
$40,000
Land market value
$31,456
Improvement market value
$143,352
Total market value
$174,808
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1982
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
1,568 SF
Lot
0.09 ac (3,980 SF)
Zoning code
OC
APN
6402219038
UPID
US13-1244055
Jurisdiction
EL PASO
Zoning & alternative use
OC · Colorado Springs, CO
Zoning 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
Colorado Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Selah Management Group LLC
Entity
Mailing address
10135 EDGEMONT RNCH LN, COLORADO SPRINGS, CO 80924-4401
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2018
$105,000
Selah Management Group LLC
Oldach Family Limited Partnership L
Warranty Deed
$89,250 · Bank Of The San Juans
Jan 6, 2004
$310,000
Oldach Family Lllp
Cd Riverwalk LLC
Warranty Deed
$240,000 · Colorado National Bank
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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