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Property profile & analytics
OFF-MARKET
Estimated value
$1,200,000
Distribution centers
3515 Saint Vrain St Colorado Springs, CO 80909-6619
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-2372567
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,700 SF
Lot
0.37 ac (16,000 SF)
Zoning code
C6 AO
APN
6415108021
UPID
US13-2372567
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.20M
CAP Approach
CAP
$1.31M
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$1.20M
Owner & transaction history
2 Amigos LLC · 1 yrs held
2 Amigos LLC
since 2024
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
C6 AO · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.9M
+113.8%
Auto repair, garage
$1.2M
+34.5%
Office building
$1.1M
+22.4%
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
$1,200,000
ML approach
$1,200,000
CAP Approach
CAP Return
Estimation
6%
$1,415,000
6.5%
$1,305,000
7%
$1,210,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$865,000
Current use
MEDICAL BUILDING
$1,850,000
Change: +114% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,165,000
Change: +35% · Conversion: Easy
OFFICE BUILDING
$1,060,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$1.20M
Range $1.08M – $1.32M · ±10% · vs last sale $1.20M (Sep 4 2024)
Last sale anchor
$1.20M
Sep 4 2024
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
$156 / 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
Assessed value
$284,020
Assessed 2023
Previous assessed
$284,020
+0.0% YoY
Assessed land
$23,880
Assessed improvement
$260,140
Land market value
$85,600
Improvement market value
$932,392
Total market value
$1,017,992
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
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Total area
7,700 SF
Lot
0.37 ac (16,000 SF)
Zoning code
C6 AO
APN
6415108021
UPID
US13-2372567
Jurisdiction
EL PASO
Zoning & alternative use
C6 AO · Colorado Springs, CO
Zoning C6 AO · permitted uses
C6 AO · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$865,000
MEDICAL BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
2 Amigos LLC
Entity
Mailing address
4272 PROMENADE DR STE #100, COLORADO SPRINGS, CO 80920-2830
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2024
$1,200,000
2 Amigos LLC
Geodan III LLC
Warranty Deed
$1,100,000 · Geodan III LLC
May 26, 2015
$625,000
Geodan III LLC
Saint Vrain Investors LLC
Grant Deed
—
Apr 13, 2007
$875,000
Saint Vrain Investors LLC
Branum,gwenda P
Warranty Deed
$650,000 · Gwenda P Branum
Jun 30, 2005
—
Record Owner
Owner,record
Quit Claim Deed
related
—
—
—
Saint Vrain Investors LLC
—
Deed Of Trust
related
$349,313 · Five Star Bk
—
—
Gwenda P Branum
—
Deed Of Trust
related
$182,000 · Wells Fargo Bank
—
—
Saint Vrain Investors LLC
—
Deed Of Trust
related
$570,000 · Jones Family Trust (pt)
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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