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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3525 Centennial Blvd Colorado Springs, CO 80907

    • Specialty properties
    • 3,346 SF
    • 13.47 lot acres
    OFF-MARKET
    Value Estimations
    $385,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-1497589
    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

    • Specialty properties

    Property Details for 3525 Centennial Blvd

    Year built
    1996
    Construction
    WOOD FRAME
    Lot size
    13.47 lot acres
    Property size
    3,346 SF
    Zone code
    R5 CU
    Property type
    Specialty properties
    APN
    7325311060
    APU
    7325311060

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $295,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $478,000
      Market price range: $117k - $479k

    • Alternative Use

      Use
      Estimation
      CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
      $285,000
      Current use
      MEDICAL BUILDING
      $450,000
      Change: +58% Conversion: Difficult
      OFFICE BUILDING
      $390,000
      Change: +36% Conversion: Difficult
      RETAIL STORES
      $345,000
      Change: +21% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $325,000
      Change: +14% Conversion: Difficult
      WAREHOUSE, STORAGE
      $260,000
      Change: -9% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.846
    Latitude
    38.8833
    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
    $306,640
    $3,842,000
    $4,148,640
    -
    $4,576,673
    $57,343,327
    $61,920,000

    Comparable in this City

    • Value Estimation
      $255,000
      1,218 SF

      1524 Tejon St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,218 SF
      1524 Tejon St, Colorado Springs, CO 80907-7439
      View Details
    • Value Estimation
      $410,000
      24,130 SF

      3400 Nevada Ave

      CHARITABLE ORGANIZATION • 24,130 SF
      3400 Nevada Ave, Colorado Springs, CO 80907-5331
      View Details
    • Value Estimation by Request
      3,059 SF

      1335 Darby St

      Residential income homes • 3,059 SF
      1335 Darby St, Colorado Springs, CO 80907
      View Details
    • Value Estimation by Request

      2336 Wahsatch Ave

      CHARITABLE ORGANIZATION
      2336 Wahsatch Ave, Colorado Springs, CO 80907-6941
      View Details
    • Value Estimation
      $270,000
      2,000 SF

      4010 Weber St

      FUNERAL HOME • 2,000 SF
      4010 Weber St, Colorado Springs, CO 80907-4433
      View Details
    • Value Estimation by Request

      4 Commerce St

      CHARITABLE ORGANIZATION
      4 Commerce St, Colorado Springs, CO 80907-5115
      View Details

    Similar Nearby for Sale

    • $650,000

      Specialty Property For Sale

      Specialty property available for purchase.
      3960 Stonedike Dr, Colorado Springs, CO 80907
      View Details
    • $300,000
      Pending

      Established Colorado Springs Childcare Center

      Well-established childcare center with real estate for sale in Colorado Springs.
      3129 Larkspur Dr, Colorado Springs, CO 80907
      View Details
    • $5,353,255
      5,328 SF

      Maverik Gas Station Investment Opportunity

      NNN leased Maverik gas station with over 7 years remaining.
      3010 N El Paso St, Colorado Springs, CO 80907
      View Details
    • $18,033,840
      18.00 Acres

      Colorado Springs Development Land

      18-Acre PUD Site, Prime Location
      0 Fillmore St & Centennial Blvd, Colorado Springs, CO 80907
      View Details
    • $1,325,000
      6,580 SF

      Colorado Springs Multifamily Investment

      8-Unit Multifamily & Retail, High NOI
      3129 El Paso St, Colorado Springs, CO 80907
      View Details
    • $2,950,000

      Nevada Ave Corner Redevelopment Land

      Prime corner lot for redevelopment with high traffic visibility.
      4415 N Nevada Ave, Colorado Springs, CO 80907
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      30,038 SF

      Garden of the Gods Office Space

      Colorado Springs Office Building, 5,209 SF Available
      888 Garden Of The Gods Rd, Colorado Springs, CO 80907
      View Details
    • $13 SF/Yr
      23,266 SF

      Prime Colorado Springs Office/Flex Space

      11,633 SF Available, Garden of the Gods Corridor
      1065 Garden Of The Gods Rd, Colorado Springs, CO 80907
      View Details
    • $1,100 /Mo
      13,000 SF

      Industrial Land Available For Rent

      13,000 SF industrial land available for storage.
      265 E Taylor St, Colorado Springs, CO 80907
      View Details
    • $9 SF/Yr
      6,951 SF

      Industrial Warehouse Space Available

      6,951 SF warehouse space for lease in Colorado Springs.
      2838 N Prospect St, Colorado Springs, CO 80907
      View Details
    • $13 SF/Yr
      12,343 SF

      Industrial Space Available For Lease

      Industrial property with 12,343 square feet available for lease.
      4630 Forge Rd, Colorado Springs, CO 80907
      View Details
    • $22 SF/Yr
      1,160 SF

      Retail Space in Westwind Marketplace

      Retail space for lease in established Colorado Springs shopping center.
      4315-4435 Centennial Blvd, Colorado Springs, CO 80907
      View Details
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    3525 Centennial Blvd
    Colorado Springs, CO 80907
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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