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Property profile & analytics
OFF-MARKET
Distribution centers
3515 El Paso St Colorado Springs, CO 80907-5422
Entity Owned
4-yr Hold
Free & Clear
Property ID
US13-1020538
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,200 SF
Lot
0.6 ac (26,086 SF)
Zoning code
M1
APN
6329303045
UPID
US13-1020538
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
-
Service Uniform Clothing Store
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
Kathywathy LLC · 4 yrs held
Kathywathy LLC
since 2022
Last sale
$220,000
7 recorded transactions
Zoning & alternative use
M1 · 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
$8,494
Tax year 2023
Assessed value
$163,390
Assessed 2023
Previous assessed
$163,390
+0.0% YoY
Effective rate
5.20%
On assessed value
Assessed land
$36,390
Assessed improvement
$127,000
Land market value
$130,430
Improvement market value
$455,201
Total market value
$585,631
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Total area
4,200 SF
Lot
0.6 ac (26,086 SF)
Zoning code
M1
APN
6329303045
UPID
US13-1020538
Jurisdiction
EL PASO
Zoning & alternative use
M1 · Colorado Springs, CO
Zoning M1 · permitted uses
M1 · 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
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Kathywathy LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2245 BROADWAY AVE, COLORADO SPRINGS, CO 80904-3761
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2022
—
Kathywathy LLC
Charles J Murphy
Quit Claim Deed
related
—
Dec 17, 2018
—
Charles J Murphy
—
Deed
related
—
Sep 10, 2013
$220,000
Charles J Murphy
New Hb Acquisition Ts LLC
Grant Deed
—
Apr 12, 2013
$220,000
New Hb Acquisition Ts LLC
Ibc Sales Corp
Grant Deed
—
Aug 24, 2011
—
Ibc Sales Corp
—
Deed Of Trust
related
$137,153,121 · Silver Point Financial LLC
Aug 19, 2011
—
Ibc Sales Corp
—
Deed Of Trust
related
$442,000,000 · Silver Point Financial LLC
Feb 13, 2009
—
Ibc Sales Corp
Interstate Brands Corp
Grant Deed
—
—
—
Charles J Murphy
—
Loan Modification
related
—
—
—
Charles J Murphy
—
Deed Of Trust
related
$167,700 · Five Star Bank
—
—
Ibc Sales Corp
—
Deed Of Trust
related
$105,000 · General Electric Capital Corp
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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