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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Day care centers
2380 Briar Rdg Pt Colorado Springs, CO 80920-7740
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-0345734
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2001
Construction
WOOD FRAME
Total area
9,497 SF
Lot
1.45 ac (63,162 SF)
Zoning code
PBC CU
APN
6233111003
UPID
US13-0345734
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
-
Primrose School of Briargate Daycare Center
-
Primrose School of North Colorado Springs Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$440k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$465k
Blend (final)
Blend
$555k
Owner & transaction history
Jason Dell · 1 yrs held
Jason Dell
since 2024
Last sale
$659,000
7 recorded transactions
Zoning & alternative use
PBC CU · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$920,000
+113.8%
Restaurant
$865,000
+100.9%
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
by Request
ML approach
$440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$430,000
Current use
AUTO REPAIR, GARAGE
$920,000
Change: +114% · Conversion: Difficult
RESTAURANT
$865,000
Change: +101% · Conversion: Difficult
Blend value · Realmo final
$555k
Range $500k – $611k · ±10% · vs last sale $659k (Sep 11 2024)
Last sale anchor
$659k
Sep 11 2024
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
$58 / 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
$26,500
Tax year 2023
Assessed value
$431,780
Assessed 2023
Previous assessed
$431,780
+0.0% YoY
Effective rate
6.14%
On assessed value
Assessed land
$222,920
Assessed improvement
$208,860
Land market value
$798,999
Improvement market value
$748,614
Total market value
$1,547,613
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2001
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
9,497 SF
Lot
1.45 ac (63,162 SF)
Zoning code
PBC CU
APN
6233111003
UPID
US13-0345734
Jurisdiction
EL PASO
Zoning & alternative use
PBC CU · Colorado Springs, CO
Zoning PBC CU · permitted uses
PBC CU · 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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$430,000
AUTO REPAIR, GARAGE
Est. value
$920,000
RESTAURANT
Est. value
$865,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
AUTO REPAIR, GARAGE
RESTAURANT
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
2001
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.45 ac
Current owner
From public records · entity-resolved
Jason Dell
Individual
Ownership since
2024
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 11, 2024
$400,000
Jason Dell
2380 Briar Ridge Point LLC
Special Warranty Deed
—
Dec 11, 2024
$659,000
Jason Dell
2380 Briar Ridge Point LLC
Special Warranty Deed
—
Apr 6, 2023
—
Primrose School Franchising Spe LLC
Ps Learning Of North Co Springs LLC
Assignment Of Lease (leasehold Sale)
—
Dec 29, 2022
—
2380 Briar Ridge Point LLC
Rodney K Dell
Special Warranty Deed
—
Aug 25, 2017
$2,500,000
Rodney K Dell
Mcbride Developmet Corp II
Special Warranty Deed
$4,598,200 · Meadows Bank
Feb 7, 2017
—
Mcbride Development Corp II
—
Deed
related
$1,254,000 · Compass Bank
Oct 26, 2000
$525,000
Mcbride Development Corp II
Signature Equities INC
Grant Deed
$1,800,000 · Community First 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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