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Property profile & analytics
FOR SALE
Retail space
3725 Austin Bluffs Pkwy Colorado Springs, CO 80918
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-1172815
For Sale
1 / 4
$2,252,000
3725 Austin Bluffs Pkwy, Colorado Springs, CO 80918
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,974 SF
Zoning code
PBC
APN
6327119014
UPID
US13-1172815
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
$495k
CAP Approach
CAP
$385k
Comparable Approach
Comparable
$591k
Blend (final)
Blend
$515k
Owner & transaction history
Eustis Enterprise LLC · 2 yrs held
Eustis Enterprise LLC
since 2023
Last sale
$525,000
2 recorded transactions
Zoning & alternative use
PBC · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$760,000
+83.1%
Neighborhood: shopping center
$525,000
+26.8%
Auto repair, garage
$485,000
+17.1%
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
$510,000
ML approach
$495,000
CAP Approach
CAP Return
Estimation
6%
$415,000
6.5%
$385,000
7%
$355,000
Alternative Use
Use
Estimation
RETAIL STORES
$415,000
Current use
COMMERCIAL (GENERAL)
$760,000
Change: +83% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$525,000
Change: +27% · Conversion: Moderate
AUTO REPAIR, GARAGE
$485,000
Change: +17% · Conversion: Difficult
MEDICAL BUILDING
$475,000
Change: +14% · Conversion: Difficult
OFFICE BUILDING
$375,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $525k (Dec 28 2023)
Last sale anchor
$525k
Dec 28 2023
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
$261 / 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
Tax billed
$7,194
Tax year 2023
Assessed value
$139,670
Assessed 2023
Previous assessed
$139,670
+0.0% YoY
Effective rate
5.15%
On assessed value
Assessed land
$42,070
Assessed improvement
$97,600
Land market value
$150,788
Improvement market value
$349,812
Total market value
$500,600
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
1,974 SF
Zoning code
PBC
APN
6327119014
UPID
US13-1172815
Jurisdiction
EL PASO
Zoning & alternative use
PBC · Colorado Springs, CO
Zoning PBC · permitted uses
PBC · 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
RETAIL STORES Current
Est. value
$415,000
COMMERCIAL (GENERAL)
Est. value
$760,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$525,000
AUTO REPAIR, GARAGE
Est. value
$485,000
MEDICAL BUILDING
Est. value
$475,000
OFFICE BUILDING
Est. value
$375,000
RETAIL STORES Current
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
Eustis Enterprise LLC
Entity
Mailing address
7856 DRY WILLOW WAY, COLORADO SPRINGS, CO 80908-1478
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2023
$525,000
Eustis Enterprise LLC
Dekker Commercial Property LLC
Special Warranty Deed
—
Apr 17, 2008
$415,000
Dekker Commercial Property LLC
Path Dev LLC
Warranty Deed
$400,000 · Colorado Housing & Finance Aut
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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