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    Property profile & analytics

    2702 Colorado Ave Colorado Springs, CO 80904-3019

    • Retail space
    • 12,000 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    $2,435,000
    Last Sale
    Mar 31, 2020
    $2,125,000
    Location Intelligence
    Property ID
    US13-1204844
    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

    • Baylee Carter REALTOR® / Real Estate Agent
    • Tim Abbe Real Estate / Real Estate Agency
    • Dillon Lanzl Coldwell Banker Beyond / Real Estate Agency
    • Matthew Sales Homes, Coldwell Banker Beyond / Real Estate Agency
    • Courtney Kurth-Realtor / Real Estate Agent

    Property Details for 2702 Colorado Ave

    Year built
    1994
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.41 lot acres
    Property size
    12,000 SF
    Zone code
    C6 CU
    Property type
    Retail space
    APN
    7411227015
    APU
    7411227015

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,525,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,050,000
      6.5%
      $2,155,000
      7%
      $1,990,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,320,000
      Geo Method
      $2,000,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,240,000
      Retail
      $2,330,000
      Mixed-Use
      $2,290,000
      Hospitality
      $2,270,000
      Educational
      $1,965,000
      Residential Income
      $2,260,000
      Energy
      $2,135,000
      Income-Based Land
      $2,020,000
      Food Service
      $2,120,000

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.866
    Latitude
    38.8494
    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
    $54,960
    $392,360
    $447,320
    -
    $317,700
    $2,267,932
    $2,585,632

    Comparable in this City

    • Value Estimation by Request
      960 SF

      1686 21st St

      RETAIL STORES (PERSONAL SERVICES) • 960 SF
      1686 21st St, Colorado Springs, CO 80904-4262
      View Details
    • Value Estimation by Request
      697 SF

      3440 Colorado Ave

      RETAIL STORES (PERSONAL SERVICES) • 697 SF
      3440 Colorado Ave, Colorado Springs, CO 80904
      View Details
    • Value Estimation by Request
      2,475 SF

      1023 Colorado Ave

      Individual retail properties • 2,475 SF
      1023 Colorado Ave, Colorado Springs, CO 80904
      View Details
    • Value Estimation by Request
      5,031 SF

      2524 Colorado Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,031 SF
      2524 Colorado Ave, Colorado Springs, CO 80904-3023
      View Details
    • Value Estimation
      $975,000
      6,000 SF

      2222 Colorado Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,000 SF
      2222 Colorado Ave, Colorado Springs, CO 80904-3325
      View Details
    • Value Estimation
      $430,000
      2,625 SF

      2413 Colorado Ave, Unit 101

      RETAIL STORES (PERSONAL SERVICES) • 2,625 SF
      2413 Colorado Ave, Colorado Springs, CO 80904-3021
      View Details

    Similar Nearby for Sale

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      3,299 SF retail condo in historic Old Colorado City.
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    • Contact for pricing

      Versatile Commercial Space For Sale

      Showroom/office/retail space with overhead doors and easy access.
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      Renovated mixed-use building with retail, office, apartments, and parking.
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      Highly visible retail space in a vibrant, high-traffic location.
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    Similar Nearby for Lease

    • $19 SF/Yr
      900 SF

      Retail Space in Old Colorado

      Retail space with high visibility in a prime location.
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      View Details
    • $2,400 /Mo
      1,000 SF

      Charming Retail/Office Space in Colorado

      Street-level retail/office with high visibility in Old Colorado City.
      2627 W Colorado Ave, Colorado Springs, CO 80904
      View Details
    • $25 SF/Yr
      1,200 SF

      Commercial Space in Old Colorado

      Retail/office space with apartment in high-traffic location.
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    • $13 SF/Yr
      1,800 SF

      Retail Space with Shop Area

      Retail space featuring a shop area and small office.
      1361 Pecan St, Colorado Springs, CO 80904
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    • $12 SF/Yr
      1,500 SF

      Retail or Office Space Available

      1,500 SF retail/office space near Gold Hill Mesa development.
      1410 S 21St St, Colorado Springs, CO 80904
      View Details
    • Contact for pricing
      4,200 SF

      Retail Spaces with Immediate Occupancy

      Retail spaces available for lease, including a tap room.
      3107-3141 W Colorado Ave, Colorado Springs, CO 80904
      View Details
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    Colorado Springs, CO 80904-3019
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    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
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