Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2950 Janitell Rd Colorado Springs, CO 80906-4172

    • Distribution centers
    • 11,647 SF
    • 1.67 lot acres
    OFF-MARKET
    Value Estimations
    $355,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-1903537
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Rapid X Engineering / Manufacturer
    • Peak Elevator Performance Group / Elevator Service
    • LSRtech / Computer Consultant
    • ubuywefix / Cell Phone Store
    • Simpurity / Wellness Program / Cannabis Store

    Property Details for 2950 Janitell Rd

    Year built
    2013
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.67 lot acres
    Property size
    11,647 SF
    Zone code
    PIP2 CU
    Property type
    Distribution centers
    APN
    6433202026
    APU
    6433202026

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $355,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.793
    Latitude
    38.7898
    CBSA code
    17820
    CBSA name
    COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $137,000
    $371,160
    $508,160
    -
    $491,029
    $1,330,331
    $1,821,360

    Comparable in this City

    • Value Estimation
      $945,000
      7,412 SF

      1570 Quail Lk Loop

      DISTRIBUTION WAREHOUSE • 7,412 SF
      1570 Quail Lk Loop, Colorado Springs, CO 80906-4652
      View Details
    • Value Estimation
      $355,000
      7,200 SF

      2050 Reliable Cir

      DISTRIBUTION WAREHOUSE • 7,200 SF
      2050 Reliable Cir, Colorado Springs, CO 80906-1500
      View Details
    • Value Estimation
      $390,000
      11,647 SF

      2950 Janitell Rd

      DISTRIBUTION WAREHOUSE • 11,647 SF
      2950 Janitell Rd, Colorado Springs, CO 80906-4172
      View Details
    • Value Estimation
      $475,000
      10,414 SF

      2780 Janitell Rd

      DISTRIBUTION WAREHOUSE • 10,414 SF
      2780 Janitell Rd, Colorado Springs, CO 80906-4103
      View Details
    • Value Estimation
      $495,000
      40,878 SF

      2835 Janitell Rd

      DISTRIBUTION WAREHOUSE • 40,878 SF
      2835 Janitell Rd, Colorado Springs, CO 80906-4104
      View Details
    • Value Estimation
      $630,000
      12,164 SF

      2255 Reliable Cir

      DISTRIBUTION WAREHOUSE • 12,164 SF
      2255 Reliable Cir, Colorado Springs, CO 80906-1511
      View Details

    Similar Nearby for Sale

    • $8,800,000
      26.90 Acres

      Colorado Springs Commercial Land

      26.9 Acres, I-25 Visibility, A-5 Zoning
      3415 Janitell Rd, Colorado Springs, CO 80906
      View Details
    • Contact for pricing
      7,820 SF

      Freestanding Restaurant Building For Sale

      7,820 SF restaurant on 1.99 AC, various uses.
      2510 Tenderfoot Hill St, Colorado Springs, CO 80906
      View Details
    • $2,500,000
      12,699 SF

      Quail Lake Office Building

      Well-maintained office building in Quail Lake Business Park.
      1555 Quail Lake Rd, Colorado Springs, CO 80906
      View Details
    • $1,598,000
      1.91 Acres

      Broadmoor Resort Community Land

      Private, mitigated lot with city and mountain views.
      920 Grey Mountain Pt, Colorado Springs, CO 80906
      View Details
    • $241,000

      Residential Property with Fireplace

      Residential property featuring a fireplace and spacious primary suite.
      937 Moorings Dr, Colorado Springs, CO 80906
      View Details
    • $370,000
      2,955 SF

      Stratmoor Hills Four-Unit Apartment Building

      Four-unit apartment building in Stratmoor Hills submarket.
      4331 Ericson Dr, Colorado Springs, CO 80906
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      5,450 SF

      Janitell Road Warehouse Trio

      Colorado Springs industrial warehouse space available.
      2806 Janitell Rd, Colorado Springs, CO 80906
      View Details
    • $14 SF/Yr
      22,000 SF

      Industrial Space with M1 Land

      Industrial space for rent with M1 land and I-25 proximity.
      2185 Janitell Rd, Colorado Springs, CO 80906
      View Details
    • $12 SF/Yr
      37,000 SF

      2205-2255 Executive Cir

      Flex space • 37,000 SF
      2205-2255 Executive Cir, Colorado Springs, CO 80906
      View Details
    • $12 SF/Yr
      24,539 SF

      Clean Manufacturing Warehouse Available 2025

      Clean manufacturing and warehouse space available July 2025.
      2455 Executive Cir, Colorado Springs, CO 80906
      View Details
    • Contact for pricing
      4,000 SF

      Data Center Space Available

      Data center space for lease with modern office space.
      3233 Janitell Rd, Colorado Springs, CO 80906
      View Details
    • $15 SF/Yr
      4,000 SF

      New Flex Space Available

      4,000 SF flex space with offices and high ceilings.
      2410 Executive Cir, Colorado Springs, CO 80906
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2950 Janitell Rd
    Colorado Springs, CO 80906-4172
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.