3895 Cascade Ave Colorado Springs, CO 80907-5246
Individually Owned
2-yr Hold
~
Est. High Equity
Estimated value (blended)
$1.19M
Range $1.07M – $1.30M (±10%)
Implied cap rate
6.40%
In-place · NOI ÷ last sale
Property ID
US13-2357491
Property summary
AI-generated overview
This exceptional Colorado Springs property at 3895 N Cascade Ave offers a unique blend of office and industrial space, perfect for a variety of businesses. The 7,218 square foot building boasts 3,600 square feet of immediately available office space, complemented by a flexible layout suitable for traditional office or flex uses. The property sits on a generous one-acre lot, providing ample outdoor space – ideal for storage, expansion, or simply enjoying a sizable yard. Built in 1999, the building is zoned M1, offering versatility for various commercial applications. The single-tenant occupancy ensures privacy and control. The property's location in Colorado Springs, Colorado (zip code 80907), offers convenient access to major transportation routes and amenities. The asking rent is $7,000 per month. The Assessor's Parcel Number (APN) is 6330300063. This is a rare opportunity to secure a substantial property with both indoor and outdoor space in a desirable location. Don't miss this chance to establish your business in a prime Colorado Springs setting.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,218 SF
Lot
0.47 ac (20,453 SF)
Zoning code
M1 NNA
APN
6330300063
UPID
US13-2357491
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.21M
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$1.19M
Owner & transaction history
since 2023
Last sale
$1.1M
4 recorded transactions
Zoning & alternative use
M1 NNA · Colorado Springs, CO
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$1.19M
Value range
$1.07M – $1.30M
±10% around blend
Estimated value / SF
$164 / SF
Confidence
High
5 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
50
$1.07M
blend $1.19M
$1.30M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
7,218 SF
Lot area
0.47 ac
Year built
1999
Stories
2
APN
6330300063
Assessed value
$198,840
Annual tax
$10,592
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.17M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.27M
@ 6.5% CAP return
$1.17M
@ 7% CAP return
$1.09M
4
Sales comparison
Partial preview
Sales approach indication
$1.19M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.6 mi away · 6,383 SF
2.7 mi away · 5,232 SF
3.1 mi away · 5,304 SF
14.7 mi away · 6,548 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.19M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 28 sales
$274
-40%
Submarket 352 sales
$214
-23%
County 374 sales
$217
-24%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $164/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
6.40%
Implied, in-place cap rate for this office buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.40%
9.0%
NOI (est.)
$79k *
Last sale · Dec 2023
$1.13M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.23M
Move the market yield to see immediate price impact.
Value / SF
$170
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.90%6.40%6.90%
$71k
$1.20M
$1.11M
$1.03M
$79k
$1.33M
$1.23M
$1.14M
$87k
$1.47M
$1.35M
$1.26M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$1.28M
1.1 mi · Dec 2025 · $159/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,592
Tax year 2023
Assessed value
$198,840
Assessed 2023
Previous assessed
$198,840
+0.0% YoY
Effective rate
5.33%
On assessed value
Assessed land
$16,830
Assessed improvement
$182,010
Land market value
$60,336
Improvement market value
$652,348
Total market value
$712,684
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Total area
7,218 SF
Lot
0.47 ac (20,453 SF)
Zoning code
M1 NNA
APN
6330300063
UPID
US13-2357491
Jurisdiction
EL PASO
Zoning & alternative use
M1 NNA · Colorado Springs, COZoning M1 NNA · permitted uses
M1 NNA · Colorado Springs, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
2
Lot
0.47 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
M1 NNA
Jurisdiction
Colorado Springs, CO
Recorded code
M1 NNA
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M1 NNA in Colorado Springs, CO.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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