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Property profile & analytics
OFF-MARKET
Estimated value
$4,895,000
Warehouses
280 Enterprize Rd Colorado Springs, CO 80918
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-1725168
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,270 SF
Lot
1.68 ac (73,181 SF)
Zoning code
M1
APN
6319301016
UPID
US13-1725168
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.90M
Owner & transaction history
Mhc 206 Colorado Springs LLC · 3 yrs held
Mhc 206 Colorado Springs LLC
since 2022
Last sale
$5.1M
7 recorded transactions
Zoning & alternative use
M1 · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$4,675,000
ML approach
$4,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.90M
Range $4.41M – $5.38M · ±10% · vs last sale $5.05M (Aug 18 2022)
Last sale anchor
$5.05M
Aug 18 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
$929 / 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
$17,952
Tax year 2023
Assessed value
$336,020
Assessed 2023
Previous assessed
$336,020
+0.0% YoY
Effective rate
5.34%
On assessed value
Assessed land
$102,090
Assessed improvement
$233,930
Land market value
$365,900
Improvement market value
$838,472
Total market value
$1,204,372
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
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
5
Stories
1
Units
17
Total area
5,270 SF
Lot
1.68 ac (73,181 SF)
Zoning code
M1
APN
6319301016
UPID
US13-1725168
Jurisdiction
EL PASO
Zoning & alternative use
M1 · Colorado Springs, CO
Zoning M1 · permitted uses
M1 · 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.
Building & site characteristics
From public records
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Buildings
5
Units
17
Lot
1.68 ac
Current owner
From public records · entity-resolved
Mhc 206 Colorado Springs LLC
Entity
Mailing address
5 OLD LANCASTER RD, MALVERN, PA 19355-2132
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
Sep 2, 2025
—
Mhc 206 Colorado Springs LLC
—
Deed
related
$425,000,000 · Citi Real Estate Funding INC
Aug 18, 2022
$5,050,000
Mhc 206 Colorado Springs LLC
Sugar Daddys LLC
Special Warranty Deed
$200,000,000 · Citibank NA
Oct 1, 2018
—
Sugar Daddys LLC
Martin Steven I Trust
Grant Deed
related
—
Jul 11, 2017
$2,650,000
Sugar Daddys LLC
Spaces Ltd
Grant Deed
$2,120,000 · Spaces Ltd
Sep 9, 2013
—
Spaces Ltd
Wes Family Ptshp Lllp
Quit Claim Deed
related
—
—
—
Spaces Ltd
—
Loan Modification
related
—
—
—
Spaces Ltd
—
Deed Of Trust
related
$240,000 · Five Star Bk
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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