Entity Owned Property summary
This exceptional investment opportunity presents a 240,270 square foot multi-tenant warehouse in Colorado Springs, Colorado. Located at 2727 Palmer Park Blvd, this 4-story, 230-unit property boasts a substantial 287,202 square foot lot. Built in 1960 and extensively renovated in 2021, the warehouse currently commands a $4,000,000 asking price, translating to $16.65 per square foot. The property features a strong 5.30% cap rate and a Net Operating Income (NOI) of $3,754,140, with a pro-forma… NOI of $3,738,114. The current lease term is two years. The property is zoned PBC, and underwriting suggests a potential redevelopment into 230 apartment units, offering significant future value. This prime location offers incredible views of the city and mountains, presenting a rare opportunity for developers seeking a high-return investment in a desirable Colorado Springs location. The current industrial use provides immediate cash flow, while the zoning allows for a future conversion to apartments, potentially yielding a significantly higher return on investment. This property is a unique blend of immediate income and long-term development potential.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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