Property profile

2509 Cascade Ave Colorado Springs, CO 80907

OFF-MARKET
Assisted living facilities
Property ID
US13-1564584
3,355 SF 0.21 ac lot Built 1902
Individually Owned 3-yr Hold
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1902
Construction FRAME
Total area 3,355 SF
Lot 0.21 ac (9,025 SF)
Zoning code R1-6
APN 6331339012
UPID US13-1564584

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Health Care Service

Location

2509 Cascade Ave Colorado Springs, CO 80907-6742
Colorado Springs metro Census 1000 COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$680k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$680k

Owner & transaction history

since 2023
Last sale
$700,000
7 recorded transactions
2023
$700,000
2020
Price N/A
2017
Price N/A
2008
Price N/A
2007
$135,000
2006
Price N/A
2006
$120,000

Zoning & alternative use

R1-6 · Colorado Springs, CO
Top alternative use upside
Commercial (general) $685,000 +479.1%
Medical building $450,000 +281.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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