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Property profile & analytics
OFF-MARKET
Retail space
2932 Sage St Colorado Springs, CO 80907
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US13-1198343
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,600 SF
Lot
0.22 ac (9,445 SF)
Zoning code
C5/CR CU HS
APN
7336103036
UPID
US13-1198343
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Azco North LLC · 7 yrs held
Azco North LLC
since 2019
7 recorded transactions
Zoning & alternative use
C5/CR 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Assessed value
$87,090
Assessed 2023
Previous assessed
$87,090
+0.0% YoY
Assessed land
$23,060
Assessed improvement
$64,030
Land market value
$82,644
Improvement market value
$229,512
Total market value
$312,156
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Total area
1,600 SF
Lot
0.22 ac (9,445 SF)
Zoning code
C5/CR CU HS
APN
7336103036
UPID
US13-1198343
Jurisdiction
EL PASO
Zoning & alternative use
C5/CR CU HS · Colorado Springs, CO
Zoning C5/CR CU HS · permitted uses
C5/CR 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
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Azco North LLC
Entity
Mailing address
1900 S FWY FREEWAY, PUEBLO, CO 81004-3762
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2022
—
National Green Source LLC
—
Deed
related
$10,000,000 · Rainbow Colorado Ngs LLC
May 2, 2019
$400,000
Azco North LLC
Osceola Green Equity Hldgs LLC
Grant Deed
$400,000 · Edr Allinn LLC
May 2, 2019
—
Osceola Green Equity Hldgs LLC
Cassio LLC
Quit Claim Deed
related
—
Jan 28, 2019
—
Co16 Acquisitions LLC
—
Deed
related
—
May 2, 2017
$300,000
Osceola Green Equity Holdings
Azco North LLC
Grant Deed
—
Mar 27, 2017
—
Azco North LLC
—
Deed
related
$1,200,000 · Lad Holdings Lllp
Jun 19, 2012
$212,000
Azco North LLC
Marwes Properties LLC
Warranty Deed
$130,000 · Marwes Properties LLC
Aug 1, 2005
—
Wesley V Metzler
Metzler,winifred A
Quit Claim Deed
related
—
Dec 6, 2004
—
Record Owner
Owner,record
Quit Claim Deed
related
—
—
—
Co16 Acquisitions LLC
—
Deed Of Trust
related
—
—
—
Azco North LLC
—
Deed Of Trust
related
$1,200,000 · Lad Holdings Lllp
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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