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    Property profile & analytics

    332 Willamette Ave Colorado Springs, CO 80903-1116

    • Investment properties
    • 22,188 SF
    • 1.31 lot acres
    OFF-MARKET
    Value Estimation
    $545,000
    Location Intelligence
    Property ID
    US13-0908988
    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.

    Current Use by Public Records

    • Community Prep School / High School
    • Colorado Springs Industrial Training / City Government Office
    • Garfield School / School

    Property Details for 332 Willamette Ave

    Year built
    1886
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.31 lot acres
    Property size
    22,188 SF
    Zone code
    R1-6
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    6407415009
    APU
    6407415009

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $530,000

    • CAP approach

      CAP return
      Estimation
      6%
      $620,000
      6.5%
      $715,000
      7%
      $750,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $730,000
      Geo Method
      $660,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $615,000
      Retail
      $640,000
      Mixed-Use
      $765,000
      Hospitality
      $715,000
      Educational
      $565,000
      Residential Income
      $555,000
      Energy
      $565,000
      Income-Based Land
      $565,000
      Food Service
      $705,000

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.818
    Latitude
    38.8428
    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
    $0.00
    $179,900
    $332,940
    $512,840
    -
    $644,812
    $1,193,316
    $1,838,128

    Comparable in this City

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      42,968 SF

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    • Value Estimation by Request
      22,950 SF

      105 Weber St

      OFFICE/RESIDENTIAL (MIXED USE) • 22,950 SF
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    • Value Estimation by Request
      3,100 SF

      Bring Your Own Concept - Restaurant For Sale In Colorado Spg

      Restaurants • 3,100 SF
      0 Bring Your Own Concept - Restaurant For Sale In Colorado Spg, Colorado Springs, CO 80903
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    • Value Estimation by Request
      1,008 SF

      708 Santa Fe St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,008 SF
      708 Santa Fe St, Colorado Springs, CO 80903-4630
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    • Value Estimation by Request
      984 SF

      730 Vermijo Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 984 SF
      730 Vermijo Ave, Colorado Springs, CO 80903-3701
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    • Value Estimation by Request
      1,089 SF

      844 Monument St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,089 SF
      844 Monument St, Colorado Springs, CO 80903-2824
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Versatile Industrial Space, 19,775 - 41,138 SF
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      2.30 Acres

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      Prime 2.3-acre commercial lot, ideal for development.
      127 Colorado Ave, Colorado Springs, CO 80903
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      Downtown Lot Near Amenities

      Land zoned R-2 near downtown, Memorial Park, and Shooks Run.
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    • $90,000

      Downtown Lot Near Amenities

      Land near downtown, Memorial Park, and Shooks Run Trail.
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    Similar Nearby for Lease

    • $14 SF/Yr
      3,500 SF

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      Adaptable space suitable for office, retail, or live-work arrangements.
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    • $22 SF/Yr
      14,190 SF

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      Class A Office Suites, Coworking Available
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      7,000 SF

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    • $15 SF/Yr
      2,500 SF

      Executive Suite, Pikes Peak Ave

      Furnished Office, Short-Term Lease Available
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    • $20 SF/Yr
      1,200 SF

      Office Space Near Downtown

      Office suites available near downtown with common amenities.
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    • $17 SF/Yr
      3,862 SF

      Downtown Colorado Springs Office Suite

      Street-level office suite in downtown Colorado Springs with high visibility.
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      View Details
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    Colorado Springs, CO 80903-1116
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    Realmo Value Estimation

    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.

    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.

    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
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