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Property profile & analytics
OFF-MARKET
Estimated value
$1,545,000
Showrooms
2610 Delta Dr Colorado Springs, CO 80910-1008
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-0104934
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1980
Construction
STEEL FRAME
Total area
5,495 SF
Lot
1.91 ac (83,200 SF)
Zoning code
M2 CU
APN
6434205022
UPID
US13-0104934
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
-
Intoxalock Ignition Interlock Building Supply General Contractor
-
One Source Auto Car Dealership
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Veterans Auto Service Auto Repair Shop Vehicle Inspection Center
-
Massa Auto Parts Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.55M
CAP Approach
CAP
$945k
Comparable Approach
Comparable
$1.94M
Blend (final)
Blend
$1.55M
Owner & transaction history
S&d Wholesale Services LLC · 2 yrs held
S&d Wholesale Services LLC
since 2024
Last sale
$1.5M
4 recorded transactions
Zoning & alternative use
M2 CU · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.4M
+13.8%
Apartment house (5+ units)
$2.2M
+6.1%
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
$1,545,000
ML approach
$1,545,000
CAP Approach
CAP Return
Estimation
6%
$1,020,000
6.5%
$945,000
7%
$875,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,115,000
Current use
RESTAURANT
$2,405,000
Change: +14% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,245,000
Change: +6% · Conversion: Moderate
Blend value · Realmo final
$1.55M
Range $1.39M – $1.70M · ±10% · vs last sale $1.55M (Jun 4 2024)
Last sale anchor
$1.55M
Jun 4 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
$281 / 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
$9,214
Tax year 2023
Assessed value
$185,190
Assessed 2023
Previous assessed
$185,190
+0.0% YoY
Effective rate
4.98%
On assessed value
Assessed land
$169,450
Assessed improvement
$15,740
Land market value
$607,353
Improvement market value
$56,412
Total market value
$663,765
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Total area
5,495 SF
Lot
1.91 ac (83,200 SF)
Zoning code
M2 CU
APN
6434205022
UPID
US13-0104934
Jurisdiction
EL PASO
Zoning & alternative use
M2 CU · Colorado Springs, CO
Zoning M2 CU · permitted uses
M2 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
COMMERCIAL (GENERAL) Current
Est. value
$2.1M
RESTAURANT
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.2M
COMMERCIAL (GENERAL) Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
1980
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Lot
1.91 ac
Current owner
From public records · entity-resolved
S&d Wholesale Services LLC
Entity
Mailing address
4164 AUSTIN BLFS PKWY #211, COLORADO SPRINGS, CO 80918-2928
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2024
$1,545,000
S&d Wholesale Services LLC
2610 Delta LLC
Warranty Deed
$1,557,000 · Midwest Regional Bank
Dec 30, 2020
$1,250,000
2610 Delta LLC
Michael Massa
Warranty Deed
$9,375,600 · Colorado Svgs & Bkng Co
Dec 30, 2020
—
Michael Massa
A & C Connection LLC
Quit Claim Deed
related
—
May 10, 2004
$408,000
A & C Connection LLC
Beckett Investments LLP
Grant Deed
—
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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