Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2631 Pike Peak Ave Colorado Springs, CO 80904-6001

    • Residential income homes
    • 6,250 SF
    • 0.79 lot acres
    OFF-MARKET
    Value Estimation
    $1,185,000
    Last Sale
    May 22, 2024
    $1,200,000
    Location Intelligence
    Property ID
    US13-1073115
    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

    • Residential income homes

    Property Details for 2631 Pike Peak Ave

    Year built
    1948
    Construction
    WOOD FRAME
    Lot size
    0.79 lot acres
    Property size
    6,250 SF
    Zone code
    PUD R5
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    7411226002
    APU
    7411226002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,200,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,160,000
      6.5%
      $1,250,000
      7%
      $1,345,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,175,000
      Geo Method
      $1,140,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,350,000
      Retail
      $1,125,000
      Mixed-Use
      $1,045,000
      Hospitality
      $1,195,000
      Educational
      $1,100,000
      Residential Income
      $1,100,000
      Energy
      $975,000
      Income-Based Land
      $980,000
      Food Service
      $1,025,000

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.865
    Latitude
    38.8492
    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
    $14,260
    $20,290
    $34,550
    -
    $212,784
    $302,860
    $515,644

    Comparable in this City

    • Value Estimation by Request
      2,216 SF

      1902 Glenn St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,216 SF
      1902 Glenn St, Colorado Springs, CO 80904-2736
      View Details
    • Value Estimation by Request
      1,123 SF

      2331 Kiowa St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,123 SF
      2331 Kiowa St, Colorado Springs, CO 80904-2643
      View Details
    • Value Estimation
      $1,445,000
      1,656 SF

      3428 Colorado Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,656 SF
      3428 Colorado Ave, Colorado Springs, CO 80904-1951
      View Details
    • Value Estimation by Request
      1,440 SF

      2525 Vermijo Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,440 SF
      2525 Vermijo Ave, Colorado Springs, CO 80904-3044
      View Details
    • Value Estimation by Request
      1,440 SF

      2521 Busch Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,440 SF
      2521 Busch Ave, Colorado Springs, CO 80904-4115
      View Details
    • Value Estimation
      $310,000
      2,171 SF

      2820 Colorado Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,171 SF
      2820 Colorado Ave, Colorado Springs, CO 80904-2444
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      18,192 SF

      Westside Station Apartments

      24-Unit Multifamily Investment
      25 31St St, Colorado Springs, CO 80904
      View Details
    • $593,000

      Colorado Springs Redevelopment Opportunity

      10-Unit Motel, Prime Westside Location
      3501 Colorado Ave, Colorado Springs, CO 80904
      View Details
    • $699,999
      0.18 Acres

      West Side Income Property

      Fully rented four-unit property in Colorado Springs.
      2028 Friendship Pl, Colorado Springs, CO 80904
      View Details
    • $1,635,000

      West Colorado Springs Mixed-Use Building

      Renovated mixed-use building with retail, office, apartments, and parking.
      1501 W Colorado Ave, Colorado Springs, CO 80904
      View Details
    • $500,000
      0.08 Acres

      West Side Colorado Springs Duplex

      Charming duplex in a desirable location with income potential.
      2417 W Cache La Poudre St, Colorado Springs, CO 80904
      View Details
    • $618,000
      0.28 Acres

      Renovated Duplex in Colorado Springs

      Renovated duplex near Old Colorado City with mountain views.
      405 Wilhelmia Ave, Colorado Springs, CO 80904
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      9,489 SF

      Colorado Springs Class A Office Space

      Modern Suites, 5 Available, El Paso County
      2925 Professional Pl, Colorado Springs, CO 80904
      View Details
    • $19 SF/Yr
      900 SF

      Retail Space in Old Colorado

      Retail space with high visibility in a prime location.
      2628 W Colorado Ave, Colorado Springs, CO 80904
      View Details
    • Contact for pricing
      5,000 SF

      Industrial Space in Colorado Springs

      5,000 SF industrial property available for lease.
      2250 Busch Ave, Colorado Springs, CO 80904
      View Details
    • Contact for pricing
      10,000 SF

      Colorado Springs Industrial Space

      Automotive-Focused Units Available
      2275 Busch Ave, Colorado Springs, CO 80904
      View Details
    • Contact for pricing
      1 SF

      Colorado Springs Retail Opportunity

      High-traffic retail space, multiple tenants.
      0 21St St, Colorado Springs, CO 80904
      View Details
    • $15 SF/Yr
      8,280 SF

      Ore Mill Road Warehouse Space

      High-visibility warehouse space for lease.
      2725 Ore Mill Rd, Colorado Springs, CO 80904
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2631 Pike Peak Ave
    Colorado Springs, CO 80904-6001
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.