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Property profile & analytics
OFF-MARKET
Estimated value
$1,830,000
Warehouses
2732 Colorado Ave Colorado Springs, CO 80904-3027
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-1173250
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,106 SF
Lot
0.25 ac (10,916 SF)
Zoning code
C6 UV
APN
7411227024
UPID
US13-1173250
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
-
HQ Company Discount Store
-
Colorado Manufacturing & Surplus Corporation Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.77M
CAP Approach
CAP
$1.48M
Comparable Approach
Comparable
$2.02M
Blend (final)
Blend
$1.83M
Owner & transaction history
Blue Skies Ltd · 4 yrs held
Blue Skies Ltd
since 2022
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
C6 UV · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.7M
+35.6%
Auto repair, garage
$2.5M
+25.2%
Medical building
$2.4M
+22.3%
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
$1,760,000
ML approach
$1,770,000
CAP Approach
CAP Return
Estimation
6%
$1,595,000
6.5%
$1,475,000
7%
$1,370,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,985,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,695,000
Change: +36% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,490,000
Change: +25% · Conversion: Easy
MEDICAL BUILDING
$2,430,000
Change: +22% · Conversion: Difficult
OFFICE BUILDING
$2,160,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$1.83M
Range $1.65M – $2.01M · ±10% · vs last sale $1.90M (Apr 15 2022)
Last sale anchor
$1.90M
Apr 15 2022
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
$181 / 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
$15,356
Tax year 2023
Assessed value
$284,510
Assessed 2023
Previous assessed
$284,510
+0.0% YoY
Effective rate
5.40%
On assessed value
Assessed land
$53,750
Assessed improvement
$230,760
Land market value
$192,667
Improvement market value
$827,096
Total market value
$1,019,763
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
10,106 SF
Lot
0.25 ac (10,916 SF)
Zoning code
C6 UV
APN
7411227024
UPID
US13-1173250
Jurisdiction
EL PASO
Zoning & alternative use
C6 UV · Colorado Springs, CO
Zoning C6 UV · permitted uses
C6 UV · 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
WAREHOUSE, STORAGE Current
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.2M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Blue Skies Ltd
Individual
Mailing address
3245 CEDAR HTS DR, COLORADO SPRINGS, CO 80904-4728
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2025
—
Blue Skies Ltd
—
Deed
related
$417,982 · Pikes Peak National Bank
Apr 15, 2022
$1,900,000
Blue Skies Ltd
Occs LLC
Special Warranty Deed
$1,520,000 · Pikes Peak National Bank
Feb 1, 2017
—
Occs LLC
—
Deed
related
$566,250 · Firstbank
Jun 26, 2008
$670,000
Occs LLC
Nancy Lippincott Trust
Warranty Deed
$341,656 · Jpmorgan Chase Bank NA
Aug 22, 2007
—
Record Owner
Owner,record
Quit Claim Deed
related
—
—
—
Occs LLC
—
Deed Of Trust
related
$566,250 · Firstbank
—
—
Occs LLC
—
Deed Of Trust
related
$280,000 · Pikes Peak Regional Dev Corp
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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