Financial
Distress signals
Property profile

3270 N Drennan Industrial Loop Colorado Springs, CO 80910

FOR LEASE
Office buildings
Property ID
US13-0976215
5,773 SF 1.14 ac lot Built 1988
Last sale Dec 2017 · $2,025,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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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

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$179k
Assessed land$37k
Assessed improvement$141k
Effective rate4.89%

Value estimate

· Sep 2026
$315k
$284k – $347k
CAP approach$935k
Sales comparison$1.24M
NOI build-up
Gross scheduled income$7k
Vacancy & credit loss−$881
Operating expenses−$2k
NOI · 616.93% cap applied$5k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$214/SF
Submarket average, outlier-cleaned · 352 recorded sales of this use type
Observed band · Q1–Q3$137 – $323
Qualifying comparables4

Cap rate analysis

How does the asset earn?
616.93%
$5k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M2 SS
JurisdictionEL PASO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency28.9
Law Firm22.5
Pharmacy14.6

Location

3270 N Drennan Industrial Loop Colorado Springs, CO 80910
County assessor Recorded deeds · 1 transfer 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
390 Printers, Colorado Springs, CO 80910-3190 $1,500,000 Mar 2023 9,664 SF
225 Academy, Colorado Springs, CO 80910-2768 $1,000,000 Oct 2022 15,576 SF
2201 St Paul, Colorado Springs, CO 80910 $200,000 Oct 2020 2,129 SF
3595 Fountain, Colorado Springs, CO 80910-1733 $1,100,000 Sep 2019 22,016 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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