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Property profile & analytics
OFF-MARKET
Estimated value
$1,750,000
Distribution centers
3612 Betty Dr Colorado Springs, CO 80917-5907
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-0693927
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1996
Construction
STEEL FRAME
Total area
6,900 SF
Lot
0.51 ac (22,102 SF)
Zoning code
C5/CR CU
APN
6327401008
UPID
US13-0693927
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
-
AIM LTD Auto Repair Shop
-
Ksouth AIM Automotive Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.75M
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.75M
Owner & transaction history
Xuejiang Li · 2 yrs held
Xuejiang Li
since 2024
Last sale
$1.8M
3 recorded transactions
Zoning & alternative use
C5/CR CU · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.8M
+148.1%
Commercial (general)
$2.7M
+133.9%
Neighborhood: shopping center
$1.8M
+62.0%
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
$1,750,000
ML approach
$1,750,000
CAP Approach
CAP Return
Estimation
6%
$1,265,000
6.5%
$1,170,000
7%
$1,085,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,135,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,815,000
Change: +148% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,655,000
Change: +134% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,840,000
Change: +62% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,700,000
Change: +50% · Conversion: Easy
MEDICAL BUILDING
$1,660,000
Change: +46% · Conversion: Difficult
OFFICE BUILDING
$1,475,000
Change: +30% · Conversion: Difficult
Blend value · Realmo final
$1.75M
Range $1.58M – $1.93M · ±10% · vs last sale $1.75M (Apr 3 2024)
Last sale anchor
$1.75M
Apr 3 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
$254 / 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
$187,370
Assessed 2023
Previous assessed
$187,370
+0.0% YoY
Assessed land
$43,170
Assessed improvement
$144,200
Land market value
$154,714
Improvement market value
$516,862
Total market value
$671,576
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
1996
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Total area
6,900 SF
Lot
0.51 ac (22,102 SF)
Zoning code
C5/CR CU
APN
6327401008
UPID
US13-0693927
Jurisdiction
EL PASO
Zoning & alternative use
C5/CR CU · Colorado Springs, CO
Zoning C5/CR CU · permitted uses
C5/CR CU · 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
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.8M
COMMERCIAL (GENERAL)
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.5M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1996
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Xuejiang Li
Individual
Mailing address
5385 PLUMSTEAD DR, COLORADO SPRINGS, CO 80920-8015
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2024
$1,750,000
Xuejiang Li
3608betty LLC
Special Warranty Deed
$1,050,000 · 3608betty LLC
Mar 7, 2017
$475,000
3608 Betty LLC
Tim Carpenter
Warranty Deed
$388,697 · Pikes Peak National Bank
Oct 17, 2013
$450,000
Tim Carpenter
Ltg LLC
Warranty Deed
$390,000 · Ltg LLC
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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