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Property profile

2921 Nevada Ave Colorado Springs, CO 80907

OFF-MARKET
Outlet malls
Property ID
US13-0527195
13,372 SF 1.35 ac lot Built 1995
Last sale Mar 2025 · $4,253,600
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 13,500 square foot Walgreens located at 2921 N Nevada Ave, Colorado Springs, CO 80907. The property sits on a 1.35-acre lot and boasts a strong 7.00% cap rate, generating a net operating income (NOI) of $310,500. Secured by a corporate guarantee, the absolute NNN lease with Walgreens features a remaining term of 8.8 years, expiring September 1, 2033, and includes 5% rent bumps every 5 years, providing built-in rent growth. The property…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$24k
Tax billed · 2023
Assessed value$454k
Assessed land$279k
Assessed improvement$175k
Effective rate5.38%

Value estimate

· Oct 2026
$5.01M
$4.51M – $5.51M
AI approach$5.02M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$210/SF
Submarket average, outlier-cleaned · 135 recorded sales of this use type
Observed band · Q1–Q3$126 – $312

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C6 NNA
JurisdictionEL PASO

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm30.2
Realty agency29.5
Restaurant17.3

Location

2921 Nevada Ave Colorado Springs, CO 80907-6224
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

14 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
3 properties of the same type nearby
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