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Property profile & analytics
OFF-MARKET
Estimated value
$1,250,000
Day care centers
2976 Academy Blvd Colorado Springs, CO 80917-5308
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US13-0320513
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1974
Construction
WOOD FRAME
Total area
6,300 SF
Lot
0.68 ac (29,790 SF)
Zoning code
OC
APN
6334104001
UPID
US13-0320513
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
-
Colorado Behavior and Learning Group Crisis Center Medical Clinic
-
Stephanie Salome Counselor
-
Patrisha Persaud Counselor
-
Brian Carr Counselor
-
Nolan Mott Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.25M
Owner & transaction history
Northern Springs LLC · 6 yrs held
Northern Springs LLC
since 2020
Last sale
$1.2M
4 recorded transactions
Zoning & alternative use
OC · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+364.0%
Medical building
$930,000
+227.1%
Apartment house (5+ units)
$855,000
+199.7%
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
$1,365,000
ML approach
$1,330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,325,000
Change: +364% · Conversion: Difficult
MEDICAL BUILDING
$930,000
Change: +227% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$855,000
Change: +200% · Conversion: Difficult
OFFICE BUILDING
$800,000
Change: +181% · Conversion: Difficult
RESTAURANT
$775,000
Change: +172% · Conversion: Difficult
Blend value · Realmo final
$1.25M
Range $1.13M – $1.38M · ±10% · vs last sale $1.15M (Jan 14 2020)
Last sale anchor
$1.15M
Jan 14 2020
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
$198 / 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
$19,145
Tax year 2023
Assessed value
$357,820
Assessed 2023
Previous assessed
$357,820
+0.0% YoY
Effective rate
5.35%
On assessed value
Assessed land
$62,750
Assessed improvement
$295,070
Land market value
$224,915
Improvement market value
$1,057,585
Total market value
$1,282,500
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1974
Construction
WOOD FRAME
Heating
NONE
Stories
1
Total area
6,300 SF
Lot
0.68 ac (29,790 SF)
Zoning code
OC
APN
6334104001
UPID
US13-0320513
Jurisdiction
EL PASO
Zoning & alternative use
OC · Colorado Springs, CO
Zoning 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
Colorado Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$930,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$855,000
OFFICE BUILDING
Est. value
$800,000
RESTAURANT
Est. value
$775,000
COMMERCIAL (GENERAL)
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
RESTAURANT
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
1974
Construction
WOOD FRAME
Heating
NONE
Stories
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Northern Springs LLC
Entity
Mailing address
4590 WAVERTREE ST, SAN LUIS OBISPO, CA 93401-7832
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2020
$1,150,000
Northern Springs LLC
2976 Co LLC
Special Warranty Deed
$805,000 · Anb Bank
Aug 26, 2019
$605,000
2976 Co LLC
Djs Properties II LLC
Special Warranty Deed
$571,875 · Bank Of The San Juans
Feb 15, 2006
—
Djs Properties II LLC
Jones,dorothy M
Grant Deed
—
Sep 17, 2002
$398,000
Jones,tr
Iao Properties INC
Grant Deed
$252,000 · Compass Bank
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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