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    Property profile & analytics

    2202 Pike Peak Ave, Unit 2308 Colorado Springs, CO 80909-5906

    • Strip malls
    • 16,550 SF
    • 5.40 lot acres
    OFF-MARKET
    Value Estimation
    $11,075,000
    Last Sale
    May 05, 2022
    $11,950,000
    Location Intelligence
    Property ID
    US13-0589729
    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

    • Lopez Portable Toilet Rentals / Portable Toilet Supplier
    • Progressive Car Insurance / Auto Insurance Agency

    Property Details for 2202 Pike Peak Ave

    Year built
    1964
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    5.40 lot acres
    Property size
    16,550 SF
    Zone code
    C6 CU
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    6416218039
    APU
    6416218039

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $11,060,000

    • CAP approach

      CAP return
      Estimation
      6%
      $12,330,000
      6.5%
      $11,100,000
      7%
      $11,980,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $10,280,000
      Geo Method
      $12,950,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $9,625,000
      Retail
      $10,965,000
      Mixed-Use
      $10,015,000
      Hospitality
      $12,125,000
      Educational
      $11,170,000
      Residential Income
      $10,890,000
      Energy
      $10,005,000
      Income-Based Land
      $9,775,000
      Food Service
      $11,330,000

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.788
    Latitude
    38.8332
    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
    $0.00
    $423,300
    $1,390,510
    $1,813,810
    -
    $1,517,195
    $4,983,911
    $6,501,106

    Comparable in this City

    • Value Estimation by Request
      4,615 SF

      441 Un Blvd

      SHOPPING CENTER, STRIP CENTER • 4,615 SF
      441 Un Blvd, Colorado Springs, CO 80909-4627
      View Details
    • Value Estimation by Request
      12,155 SF

      201 Academy Blvd

      SHOPPING CENTER, STRIP CENTER • 12,155 SF
      201 Academy Blvd, Colorado Springs, CO 80909-6603
      View Details
    • Value Estimation
      $860,000
      20,608 SF

      1120 Cir Dr

      SHOPPING CENTER, STRIP CENTER • 20,608 SF
      1120 Cir Dr, Colorado Springs, CO 80909-3156
      View Details
    • Value Estimation
      $250,000
      6,626 SF

      2304 Platte Ave

      SHOPPING CENTER, STRIP CENTER • 6,626 SF
      2304 Platte Ave, Colorado Springs, CO 80909-6037
      View Details
    • Value Estimation
      $250,000
      1,920 SF

      2209 Platte Ave

      SHOPPING CENTER, STRIP CENTER • 1,920 SF
      2209 Platte Ave, Colorado Springs, CO 80909-5959
      View Details
    • Value Estimation
      $6,555,000
      29,915 SF

      3910 Palmer Park Blvd

      SHOPPING CENTER, STRIP CENTER • 29,915 SF
      3910 Palmer Park Blvd, Colorado Springs, CO 80909-3404
      View Details

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      Citadel Mall Outparcel Ground Lease

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      View Details
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    Colorado Springs, CO 80909-5906
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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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