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    Property profile & analytics

    214 Tejon St Colorado Springs, CO 80903-1350

    • Retail space
    • 2,475 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $510,000
    Last Sale
    Jul 16, 2020
    $450,000
    Location Intelligence
    Property ID
    US13-1262307
    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

    • Weighstead / Home Goods Store
    • MountInspire Ltd. / Store
    • Morse & Mantra / Jewelry Designer
    • LavandulaCo / Artist
    • Good Intentions / Gift Shop

    Property Details for 214 Tejon St

    Year built
    1905
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.07 lot acres
    Property size
    2,475 SF
    Zone code
    FBZ-T1
    Property type
    Retail space
    APN
    6418207021
    APU
    6418207021

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $535,000

    • CAP approach

      CAP return
      Estimation
      6%
      $465,000
      6.5%
      $440,000
      7%
      $460,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $490,000
      Geo Method
      $405,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $505,000
      Retail
      $385,000
      Mixed-Use
      $495,000
      Hospitality
      $415,000
      Educational
      $385,000
      Residential Income
      $475,000
      Energy
      $440,000
      Income-Based Land
      $435,000
      Food Service
      $475,000

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.824
    Latitude
    38.8373
    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
    $10,597
    $30,700
    $141,230
    $171,930
    -
    $110,053
    $506,186
    $616,239

    Comparable in this City

    • Value Estimation by Request
      1,288 SF

      308 Platte Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,288 SF
      308 Platte Ave, Colorado Springs, CO 80903-1207
      View Details
    • Value Estimation by Request
      1,830 SF

      12 Pike Peak Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,830 SF
      12 Pike Peak Ave, Colorado Springs, CO 80903-1504
      View Details
    • Value Estimation by Request
      2,115 SF

      3 Vermijo Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,115 SF
      3 Vermijo Ave, Colorado Springs, CO 80903
      View Details
    • Value Estimation by Request
      1,682 SF

      409 Nevada Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,682 SF
      409 Nevada Ave, Colorado Springs, CO 80903-2109
      View Details
    • Value Estimation by Request
      692 SF

      605 Nevada Ave

      Individual retail properties • 692 SF
      605 Nevada Ave, Colorado Springs, CO 80903
      View Details
    • Value Estimation
      $885,000
      6,000 SF

      209 Colorado Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,000 SF
      209 Colorado Ave, Colorado Springs, CO 80903
      View Details

    Similar Nearby for Sale

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    • $2,200,000
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      Downtown Colorado Springs Retail Gem

      Historic building, prime location, owner-user opportunity
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      Downtown Retail Space For Sale

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    Similar Nearby for Lease

    • Contact for pricing
      3,988 SF

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      Prime downtown location with modern guest rooms and conference space.
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    • $14 SF/Yr
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      Adaptable space suitable for office, retail, or live-work arrangements.
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    • $36 SF/Yr
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      Retail space with high visibility in growing area.
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    • $12 SF/Yr
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      Downtown Colorado Springs Retail Space

      Freestanding building with high visibility in downtown Colorado Springs.
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    • $24 SF/Yr
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      Downtown Retail Space For Rent

      Newly renovated retail space in downtown Colorado Springs.
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    • $22 SF/Yr
      1,618 SF

      Downtown Retail Space For Lease

      Versatile 1,618 SF retail space in walkable downtown location.
      517-523 S Tejon St, Colorado Springs, CO 80903
      View Details
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    Colorado Springs, CO 80903-1350
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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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