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Property profile & analytics
OFF-MARKET
Estimated value
$10,795,000
Warehouses
2855 Ore Ml Rd Colorado Springs, CO 80904
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-0425610
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2002
Construction
STEEL FRAME
Total area
6,470 SF
Lot
1.58 ac (68,825 SF)
Zoning code
PIP2 CU HS
APN
7410105018
UPID
US13-0425610
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
$8.74M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.80M
Owner & transaction history
Mhc 213 Ore Mill Colorado Springs C · 3 yrs held
Mhc 213 Ore Mill Colorado Springs C
since 2022
Last sale
$11.8M
7 recorded transactions
Zoning & alternative use
PIP2 CU HS · 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
$10,895,000
ML approach
$8,740,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.80M
Range $9.72M – $11.87M · ±10% · vs last sale $11.78M (Nov 18 2022)
Last sale anchor
$11.78M
Nov 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
$1,668 / 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
$18,807
Tax year 2023
Assessed value
$351,630
Assessed 2023
Previous assessed
$351,630
+0.0% YoY
Effective rate
5.35%
On assessed value
Assessed land
$94,090
Assessed improvement
$257,540
Land market value
$337,238
Improvement market value
$923,075
Total market value
$1,260,313
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
2002
Construction
STEEL FRAME
Heating
NONE
Buildings
3
Stories
1
Units
20
Total area
6,470 SF
Lot
1.58 ac (68,825 SF)
Zoning code
PIP2 CU HS
APN
7410105018
UPID
US13-0425610
Jurisdiction
EL PASO
Zoning & alternative use
PIP2 CU HS · Colorado Springs, CO
Zoning PIP2 CU HS · permitted uses
PIP2 CU HS · 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
2002
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
3
Units
20
Lot
1.58 ac
Current owner
From public records · entity-resolved
Mhc 213 Ore Mill Colorado Springs C
Individual
Mailing address
2795 E COTTONWOOD PKWY STE #400, SALT LAKE CITY, UT 84121-7033
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 213 Ore Mill Colorado Springs C
—
Deed
related
$425,000,000 · Goldman Sachs Bank USA
Nov 18, 2022
$11,775,000
Mhc 213 Ore Mill Colorado Springs C
Old Mill LLC
Special Warranty Deed
$200,000,000 · Citibank NA
Nov 9, 2016
—
Old Mill LLC
—
Deed
related
$3,400,000 · Miscellaneous Ins Co
Aug 22, 2005
—
New Equity LLC
High Country Holdings INC
Quit Claim Deed
related
—
Oct 16, 2003
—
Old Mill LLC
High Country Holdings INC
Trustees Deed
$2,500,000 · Local Oklahoma Bank NA
Nov 6, 2001
—
High Country Holdings INC
—
Trustees Deed
related
$500,000 · Vectra Bank Colorado NA
—
—
Old Mill LLC
—
Deed Of Trust
related
$3,400,000 · Miscellaneous Ins Co
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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