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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Medical Office Space
2965 Broadmoor Vly Rd Colorado Springs, CO 80906-4407
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-2557681
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1979
Construction
WOOD FRAME
Total area
4,000 SF
Lot
0.39 ac (16,956 SF)
Zoning code
OC
APN
6431210013
UPID
US13-2557681
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
Current use
Occupant on record · Public records
-
Sollenberger Randy DDS Dental Office
-
Oliver M. Spaeth, DDS Dental Office
-
Gary D. West, MSW, LCSW, P.C. Physician Medical Clinic
-
Broadmoor Valley Chiropractic Alternative Medicine Practice
-
Dr. Spencer Carter Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
$650k
Comparable Approach
Comparable
$740k
Blend (final)
Blend
$650k
Owner & transaction history
Pdc Re Broadmoor LLC · 2 yrs held
Pdc Re Broadmoor LLC
since 2024
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
OC · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
B. OC - Office complex: This zone district accommodates various types of office uses performing administrative, professional and personal services. These are typically small office buildings developed in a cluster with an internal traffic system or one larger office building with considerable landscaping. This type of development can serve as a transitional…
Zone name
Office Complex
General category
UNKNOWN
Zone area
25.70 ac
Top alternative use upside
Neighborhood: shopping center
$1.1M
+10.8%
Auto repair, garage
$985,000
+2.3%
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
$650,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
$705,000
6.5%
$650,000
7%
$605,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$960,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,065,000
Change: +11% · Conversion: Difficult
AUTO REPAIR, GARAGE
$985,000
Change: +2% · Conversion: Difficult
OFFICE BUILDING
$855,000
Change: -11% · Conversion: Easy
RETAIL STORES
$840,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $650k (Apr 11 2024)
Last sale anchor
$650k
Apr 11 2024
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
$163 / 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
$11,081
Tax year 2023
Assessed value
$167,300
Assessed 2023
Previous assessed
$167,300
+0.0% YoY
Effective rate
6.62%
On assessed value
Assessed land
$38,790
Assessed improvement
$128,510
Land market value
$139,039
Improvement market value
$460,604
Total market value
$599,643
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1979
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
4,000 SF
Lot
0.39 ac (16,956 SF)
Zoning code
OC
APN
6431210013
UPID
US13-2557681
Jurisdiction
EL PASO
Zoning & alternative use
OC · Colorado Springs, COZoning OC · permitted uses
OC · Colorado Springs, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
B. OC - Office complex: This zone district accommodates various types of office uses performing administrative, professional and personal services. These are typically small office buildings developed in a cluster with an internal traffic system or one larger office building with considerable landscaping. This type of development can serve as a transitional use between more intensive uses of land such as major thoroughfares and/or commercial districts and the less intensive uses of land such as low density residential.
Zone name
Office Complex
General category
UNKNOWN
Zone area
25.70 ac
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$960,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$985,000
OFFICE BUILDING
Est. value
$855,000
RETAIL STORES
Est. value
$840,000
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Pdc Re Broadmoor LLC
Entity
Mailing address
355 S 520TH W STE #250, LINDON, UT 84042-1976
Ownership since
2024
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
Apr 11, 2024
$650,000
Pdc Re Broadmoor LLC
Holm Realty LLC
Special Warranty Deed
$520,000 · Hillcrest Bank
Mar 17, 2022
$625,000
Holm Realty LLC
2965 Broadmoor LLC
Special Warranty Deed
$500,000 · Zb NA
Jun 14, 2019
—
2965 Broadmoor LLC
—
Deed
related
$403,509 · Firstbank
Jun 11, 2011
$420,000
2965 Broadmoor LLC
2965 INC
Special Warranty Deed
$285,916 · Firstbank
Oct 21, 2008
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Jul 1, 2008
$372,500
2965 INC
Gorsky,michael M
Warranty Deed
—
Feb 3, 2003
$420,000
M Gorsky
Pattee,s
Grant Deed
$357,000 · First National Bank
Oct 2, 1998
$275,000
James N Pattee
Bill Stuarts INC
Grant Deed
$225,000 · Bank One Colorado
—
—
2965 Broadmoor LLC
—
Deed Of Trust
related
$403,509 · Firstbank
—
—
2965 Broadmoor LLC
—
Deed Of Trust
related
$285,916 · Firstbank NA
—
—
2965 Broadmoor LLC
—
Deed Of Trust
related
$236,000 · Colorado Lending Source Ltd
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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