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Property profile & analytics
OFF-MARKET
Distribution centers
2425 Wayland Pl Colorado Springs, CO 80915-1616
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US13-2727766
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,530 SF
Lot
2.11 ac (91,912 SF)
Zoning code
I-2 CAD-O
APN
5406204028
UPID
US13-2727766
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
-
Lafarge Division Office Building Supply
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
2425 Wayland Place LLC · 21 yrs held
2425 Wayland Place LLC
since 2005
Last sale
$4.3M
7 recorded transactions
Zoning & alternative use
I-2 CAD-O · 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
$38,435
Tax year 2023
Assessed value
$538,870
Assessed 2023
Previous assessed
$538,870
+0.0% YoY
Effective rate
7.13%
On assessed value
Assessed land
$102,570
Assessed improvement
$436,300
Land market value
$367,644
Improvement market value
$1,563,801
Total market value
$1,931,445
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
2
Total area
13,530 SF
Lot
2.11 ac (91,912 SF)
Zoning code
I-2 CAD-O
APN
5406204028
UPID
US13-2727766
Jurisdiction
EL PASO
Zoning & alternative use
I-2 CAD-O · Colorado Springs, CO
Zoning I-2 CAD-O · permitted uses
I-2 CAD-O · 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
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
2
Lot
2.11 ac
Current owner
From public records · entity-resolved
2425 Wayland Place LLC
Entity
Mailing address
PO BOX 1455, COLORADO SPRINGS, CO 80901-1455
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2018
—
2425 Wayland Place LLC
—
Trustees Deed
related
$500,576 · Legacy Bk
Nov 10, 2016
—
2425 Wayland Place LLC
—
Deed
related
$1,900,000 · Midfirst Bk
Jan 26, 2006
—
T-bone Construction INC
—
Trustees Deed
related
$167,810 · Stresscon Corp
Feb 28, 2005
—
2425 Wayland Place LLC
T-bone Construction INC
Warranty Deed
$735,000 · Bank West
Apr 1, 2004
$194,400
T Bone Construction INC
James,tony M
Grant Deed
$148,500 · Intermountain Bank
Jan 15, 2002
$180,000
Tony M James
Kramer,donald E
Grant Deed
$160,000 · Donald E Kramer
—
—
2425 Wayland Place LLC
—
Deed Of Trust
related
$64,653 · Colorado Capital Bank
—
—
2425 Wayland Place LLC
—
Loan Modification
related
$1,900,000 · Midfirst Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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