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Property profile & analytics
FOR LEASE
Office buildings
3270 Drennan Industrial Loop N Colorado Springs, CO 80910
Entity Owned
8-yr Hold
Free & Clear
Property ID
US13-0976215
For Lease
Contact for pricing
3270 Drennan Industrial Loop N, Colorado Springs, CO 80910
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Property summary
AI-generated overview
This exceptional flex space, located at 3270 N Drennan Industrial Loop in El Paso County, offers a unique opportunity for businesses seeking adaptable workspace. The single, two-story building totals 5,773 square feet, with 2,500 square feet currently vacant and divisible down to 1,200 square feet. The property sits on a 1.14-acre lot and is zoned M2 SS, providing flexibility for various uses. Built in 1988, this Class D industrial building features a range of amenities designed to enhance security and convenience. These include dedicated parking, a gated entry system, and 24/7 surveillance cameras. The vacant space is highly customizable, allowing tenants to configure the layout to meet their specific operational needs. An optional add-on of approximately 0.25 acres of yard space is available for those requiring additional outdoor area. The property's APN is 6434301025. This is a multi-tenant building offering a secure and adaptable environment for your business. Inquire for pricing and availability.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
STEEL FRAME
Total area
5,773 SF
Lot
1.14 ac (49,658 SF)
Zoning code
M2 SS
APN
6434301025
UPID
US13-0976215
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
-
Fatboy Slims Moving Company LLC Moving Company
-
Boom Security&Sound LLC Security Service General Contractor
-
Knob Hill Towing Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$935k
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.26M
Owner & transaction history
Edr Allinn LLC · 8 yrs held
Edr Allinn LLC
since 2017
1 recorded transaction
Zoning & alternative use
M2 SS · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.5M
+24.8%
Auto repair, garage
$1.4M
+15.3%
Medical building
$1.4M
+12.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,010,000
6.5%
$935,000
7%
$865,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,235,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,540,000
Change: +25% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,420,000
Change: +15% · Conversion: Difficult
MEDICAL BUILDING
$1,390,000
Change: +13% · Conversion: Easy
RETAIL STORES
$1,215,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$1.26M
Range $1.13M – $1.39M · ±10%
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
$218 / 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
$8,746
Tax year 2023
Assessed value
$178,720
Assessed 2023
Previous assessed
$178,720
+0.0% YoY
Effective rate
4.89%
On assessed value
Assessed land
$37,410
Assessed improvement
$141,310
Land market value
$134,077
Improvement market value
$506,499
Total market value
$640,576
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1988
Construction
STEEL FRAME
Heating
NONE
Cooling
AC.PACKAGE
Stories
2
Total area
5,773 SF
Lot
1.14 ac (49,658 SF)
Zoning code
M2 SS
APN
6434301025
UPID
US13-0976215
Jurisdiction
EL PASO
Zoning & alternative use
M2 SS · Colorado Springs, COZoning M2 SS · permitted uses
M2 SS · Colorado Springs, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.2M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL 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
1988
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
2
Lot
1.14 ac
Current owner
From public records · entity-resolved
Edr Allinn LLC
Entity
Free & Clear · 8 yrs held
Mailing address
3855 HL CIR, COLORADO SPRINGS, CO 80904-1188
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2017
$2,025,000
Edr Allinn LLC
Pioneer Sands LLC
Grant Deed
—
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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