Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    3020 Powers Blvd Colorado Springs, CO 80916-4711
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3020 Powers Blvd Colorado Springs, CO 80916-4711

    View on Map
    • Specialty properties
    • 4,146 SF
    • 61.73 lot acres
    Off-Market
    Property ID
    US13-0660308
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Nationwide Homes / Mobile Home Dealer
    • Jiffy Lube / Auto Repair Shop
    • Canterbury Park Manufactured Home Community / Campground & RV Park

    Property Details for 3020 Powers Blvd

    Year built
    1986
    Construction
    STEEL FRAME
    Lot size
    61.73 lot acres
    Property size
    4,146 SF
    Zone code
    PUD/CR AO
    Property type
    Specialty properties
    APN
    6436213006
    APU
    6436213006

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.733
    Latitude
    38.793
    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
    $9,317
    $135,120
    $50,050
    $185,170
    -
    $2,016,719
    $747,078
    $2,763,797

    Comparable in this City

    • Value Estimation by Request
      0.14 Acres

      4065 Solarglen Dr

      CHARITABLE ORGANIZATION • 0.14 Acres
      4065 Solarglen Dr, Colorado Springs, CO 80916-5606
      View Details
    • Value Estimation by Request
      3,941 SF

      5148 Airport Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 3,941 SF
      5148 Airport Rd, Colorado Springs, CO 80916
      View Details
    • Value Estimation by Request
      625 SF

      Airport Rd

      FUNERAL HOME • 625 SF
      Airport Rd, Colorado Springs, CO 80916
      View Details
    • Value Estimation by Request
      3,712 SF

      1960 Chelton Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 3,712 SF
      1960 Chelton Rd, Colorado Springs, CO 80916-5304
      View Details
    • Value Estimation by Request
      3,352 SF

      3280 Academy Blvd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 3,352 SF
      3280 Academy Blvd, Colorado Springs, CO 80916-3206
      View Details
    • Value Estimation by Request
      810 SF

      2015 Aerotech Dr

      PROFESSIONAL CLUBS/ASSOCIATIONS • 810 SF
      2015 Aerotech Dr, Colorado Springs, CO 80916-4210
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Airport Submarket Opportunity Zone Land

      Land in Airport Submarket, Colorado Springs, with citywide access.
      S Powers Blvd, Colorado Springs, CO 80916
      View Details
    • $260,000
      Pending

      Corner Lot in Colorado Springs

      Corner property at Fountain and Murray Boulevards in Colorado Springs.
      1487 S Murray Blvd, Colorado Springs, CO 80916
      View Details
    • Contact for pricing

      Runway Point Commercial Property

      Commercial property for sale in Colorado Springs.
      450 Runway Pt, Colorado Springs, CO 80916
      View Details
    • Contact for pricing
      576,975 SF

      Land Available For Sale

      Land available for sale at Powers Blvd & Airport Rd.
      S Powers Blvd & Airport Rd, Colorado Springs, CO 80916
      View Details
    • Contact for pricing

      South Academy Retail Corridor Land

      Infill development opportunity in a thriving retail corridor.
      1865 S Chelton Rd, Colorado Springs, CO 80916
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Space Available For Lease

      Commercial space available for lease in Colorado Springs, CO.
      1930-2070 S Academy Blvd, Colorado Springs, CO 80916
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Colorado Springs, CO.
      Aeroplaza Dr & Powers Blvd, Colorado Springs, CO 80916
      View Details
    • Contact for pricing

      Office/Warehouse Spaces Available For Rent

      Office and warehouse spaces ranging from 3,397 to 7,173 SqFt.
      1525-1589 Vapor Trl, Colorado Springs, CO 80916
      View Details
    • Contact for pricing

      Industrial Building Available For Lease

      Class A industrial building offering 265,436 SF for lease.
      350 Troy Hill Rd, Colorado Springs, CO 80916
      View Details
    • Contact for pricing
      1,040 SF

      North Academy Boulevard Office Space

      Highly visible office suite with reception, offices, and kitchenette.
      2133-2141 N Academy Blvd, Colorado Springs, CO 80916
      View Details
    • Contact for pricing
      6,800 SF

      Secure Facility with Unique Amenities

      Modern office space featuring workout room, climbing wall, and high ceilings.
      2005 Aeroplaza Dr, Colorado Springs, CO 80916
      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.
    3020 Powers Blvd
    Colorado Springs, CO 80916-4711
    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.
    Sign Up Successful!
    You now have access to more from Realmo!