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Property profile & analytics
OFF-MARKET
Retail space
3 Swope Ave Colorado Springs, CO 80909-5830
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US13-2453792
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1954
Construction
FRAME
Total area
1,894 SF
Lot
0.26 ac (11,520 SF)
Zoning code
C6 CU
APN
6416219034
UPID
US13-2453792
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
Milimart LLC · 10 yrs held
Milimart LLC
since 2016
4 recorded transactions
Zoning & alternative use
C6 CU · 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
Tax billed
$4,003
Tax year 2023
Assessed value
$81,440
Assessed 2023
Previous assessed
$81,440
+0.0% YoY
Effective rate
4.92%
On assessed value
Assessed land
$29,570
Assessed improvement
$51,870
Land market value
$105,984
Improvement market value
$185,918
Total market value
$291,902
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
1954
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
9
Bathrooms
1
Total area
1,894 SF
Lot
0.26 ac (11,520 SF)
Zoning code
C6 CU
APN
6416219034
UPID
US13-2453792
Jurisdiction
EL PASO
Zoning & alternative use
C6 CU · Colorado Springs, CO
Zoning C6 CU · permitted uses
C6 CU · 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
1954
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
9
Bathrooms
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Milimart LLC
Entity
Mailing address
6758 S ASH WAY, CENTENNIAL, CO 80122-2121
Ownership since
2016
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
Mar 25, 2016
$170,000
Milimart LLC
The William Robinson Trust
Warranty Deed
$136,000 · Us Bank NA
Apr 1, 2015
—
Robinson,william Trust
Deputy Public Te Of El Paso Cnty|dream Power Anima
Trustees Deed
related
—
Mar 19, 2015
$303,707
Dream Power Animal Rescue Foun|robinson,william Tr
Deputy Public Te Of El Paso Cnty
Certificate Of Purchase
related
$325,000
Jul 3, 2008
$325,000
Dream Power Animal Rescue Foun
Robinson William S Trust
Warranty Deed
$325,000 · Robinson William Trust (tr)
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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