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Property profile & analytics
OFF-MARKET
Estimated value
$3,495,000
Retail space
2180 Victor Pl Colorado Springs, CO 80915-1503
Entity Owned
~
Est. High Equity
Property ID
US13-0083869
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
20,301 SF
Lot
2.06 ac (89,734 SF)
Zoning code
C5 UV CU P AO APZ2
APN
6401102120
UPID
US13-0083869
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
-
Digitcom Electronics Electronics & Wireless Store Computer & Electronic Repair
-
Randels Media Group Marketing & Advertising Advertising Agency
-
DHI Flooring and Design Center (Dream Home Interiors) Carpet & Flooring Store Hardware & Home Improvement
-
WAXIE Sanitary Supply MARKETplace - Colorado Springs - Proudly Part of BradyPLUS Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.00M
CAP Approach
CAP
$3.76M
Comparable Approach
Comparable
$2.92M
Blend (final)
Blend
$3.50M
Owner & transaction history
Cbahh INC
Cbahh INC
since 2025
Last sale
$4.2M
7 recorded transactions
Zoning & alternative use
C5 UV CU P AO APZ2 · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$5.4M
+26.8%
Auto repair, garage
$5.0M
+17.1%
Medical building
$4.9M
+14.5%
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
$3,000,000
ML approach
$3,000,000
CAP Approach
CAP Return
Estimation
6%
$4,070,000
6.5%
$3,760,000
7%
$3,490,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,265,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$5,410,000
Change: +27% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,995,000
Change: +17% · Conversion: Difficult
MEDICAL BUILDING
$4,885,000
Change: +14% · Conversion: Difficult
OFFICE BUILDING
$4,335,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$3.50M
Range $3.15M – $3.84M · ±10% · vs last sale $4.15M (Dec 17 2025)
Last sale anchor
$4.15M
Dec 17 2025
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
$172 / 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
$29,949
Tax year 2023
Assessed value
$555,000
Assessed 2023
Previous assessed
$555,000
+0.0% YoY
Effective rate
5.40%
On assessed value
Assessed land
$195,280
Assessed improvement
$359,720
Land market value
$699,917
Improvement market value
$1,289,303
Total market value
$1,989,220
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
20,301 SF
Lot
2.06 ac (89,734 SF)
Zoning code
C5 UV CU P AO APZ2
APN
6401102120
UPID
US13-0083869
Jurisdiction
EL PASO
Zoning & alternative use
C5 UV CU P AO APZ2 · Colorado Springs, CO
Zoning C5 UV CU P AO APZ2 · permitted uses
C5 UV CU P AO APZ2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.4M
AUTO REPAIR, GARAGE
Est. value
$5.0M
MEDICAL BUILDING
Est. value
$4.9M
OFFICE BUILDING
Est. value
$4.3M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Lot
2.06 ac
Current owner
From public records · entity-resolved
Cbahh INC
Entity
Mailing address
PO BOX 76120, COLORADO SPRINGS, CO 80970-6120
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2025
$4,150,000
Cbahh INC
2160 Victor Place LLC
Special Warranty Deed
$3,760,000 · Firstbank
May 15, 2024
$3,000,000
2180 Victor Place LLC
South Power Lllp
Special Warranty Deed
$2,750,000 · South Powers Lllp
Jun 8, 2007
$1,887,000
South Powers Lllp
Michael W Underwood
Warranty Deed
—
Apr 12, 2004
$1,078,000
South Powers Lllp
Underwood,michael W
Grant Deed
$1,769,457 · Bank One NA
—
—
Michael W Underwood
—
Deed Of Trust
related
$1,202,090 · Pikes Peak National Bank
—
—
South Powers Lllp Lllp
—
Deed Of Trust
related
$586,862 · J P Morgan Chase Bank
—
—
Michael W Underwood
—
Deed Of Trust
related
$268,187 · Hugh G
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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