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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Distribution centers
3890 Mallow Rd Colorado Springs, CO 80907-4455
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-0975054
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,844 SF
Lot
0.32 ac (13,939 SF)
Zoning code
C6 NNA
APN
6330401001
UPID
US13-0975054
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
$500k
CAP Approach
CAP
$480k
Comparable Approach
Comparable
$553k
Blend (final)
Blend
$545k
Owner & transaction history
Mallow Springs LLC · 2 yrs held
Mallow Springs LLC
since 2023
Last sale
$550,000
6 recorded transactions
Zoning & alternative use
C6 NNA · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$780,000
+80.9%
Neighborhood: shopping center
$760,000
+76.1%
Auto repair, garage
$700,000
+62.6%
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
$535,000
ML approach
$500,000
CAP Approach
CAP Return
Estimation
6%
$520,000
6.5%
$480,000
7%
$450,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$430,000
Current use
OFFICE BUILDING
$780,000
Change: +81% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$760,000
Change: +76% · Conversion: Moderate
AUTO REPAIR, GARAGE
$700,000
Change: +63% · Conversion: Easy
MEDICAL BUILDING
$685,000
Change: +59% · Conversion: Difficult
RETAIL STORES
$600,000
Change: +39% · Conversion: Moderate
Blend value · Realmo final
$545k
Range $491k – $600k · ±10% · vs last sale $550k (Sep 29 2023)
Last sale anchor
$550k
Sep 29 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
$192 / 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
$5,635
Tax year 2023
Assessed value
$109,710
Assessed 2023
Previous assessed
$109,710
+0.0% YoY
Effective rate
5.14%
On assessed value
Assessed land
$18,280
Assessed improvement
$91,430
Land market value
$65,513
Improvement market value
$327,695
Total market value
$393,208
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
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
2,844 SF
Lot
0.32 ac (13,939 SF)
Zoning code
C6 NNA
APN
6330401001
UPID
US13-0975054
Jurisdiction
EL PASO
Zoning & alternative use
C6 NNA · Colorado Springs, CO
Zoning C6 NNA · permitted uses
C6 NNA · 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
$430,000
OFFICE BUILDING
Est. value
$780,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$760,000
AUTO REPAIR, GARAGE
Est. value
$700,000
MEDICAL BUILDING
Est. value
$685,000
RETAIL STORES
Est. value
$600,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
PACKAGE
Cooling
Yes
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Mallow Springs LLC
Entity
Mailing address
1942 BROADWAY STE 314C, BOULDER, CO 80302-5233
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2023
$550,000
Mallow Springs LLC
Summer Enterprises LLC
Special Warranty Deed
$3,458,000 · First Internet Bank Of Indiana
Mar 18, 2022
—
Summer Enterprises LLC
—
Deed
related
$265,000 · Independent Bank
Nov 19, 2018
$385,000
Summer Enterprises LLC
Jpt Holdings LLC
Warranty Deed
$285,000 · Bank Of The San Juans
Feb 22, 2016
—
Jpt Holdings LLC
Jpt Ents INC
Quit Claim Deed
related
$114,000 · Colorado Lndg Source
Jan 21, 2016
$265,000
Jpt Ents INC
3890 Mallow Road LLC
Warranty Deed
$137,313 · Firstbank
May 12, 2010
—
3890 Mallow Road LLC
Case,bill R & Deborah A
Warranty Deed
—
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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