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3910 S Carefree Cir, Colorado Springs, CO 80917
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Property summary
AI-generated overview
This exceptional 3,636 square foot medical office building is located at 3910 S. Carefree Circle in Colorado Springs, Colorado, zip code 80917. The entire building, totaling 3,636 square feet, is currently vacant and available for lease. The space is configured to accommodate multiple tenants, offering flexibility for various medical practices. Individual suites range in size from approximately 1,762 to 3,635 square feet, providing options for businesses of different scales. The building boasts abundant natural light thanks to numerous exterior windows, ensuring a bright and welcoming atmosphere for patients and staff. Ample parking is available for the convenience of patients and employees. A significant advantage of this property is its proximity to Peak Vista Health Centers at Academy, placing it within a well-established medical corridor and benefiting from high visibility and convenient access for patients. The building is situated on the ground floor, providing easy accessibility. This presents a unique opportunity for a medical practice or group seeking a prominent location in a thriving healthcare hub. The property is ready for immediate occupancy.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
17,646 SF
Lot
1.55 ac (67,518 SF)
Zoning code
C6/CR CU
APN
6335208004
UPID
US13-0311369
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Physician Medical Clinic
-
Physician Medical Clinic
-
Physician
-
Medical Clinic
-
Physician
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.06M
Comparable Approach
Comparable
$2.80M
Blend (final)
Blend
$445k
Owner & transaction history
since 2011
6 recorded transactions
Zoning & alternative use
C6/CR CU · 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.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$445k
Value range
$401k – $490k
±10% around blend
Estimated value / SF
$25 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
Income certainty
100
$401k
blend $445k
$490k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
17,646 SF
Lot area
1.55 ac
Year built
1983
Stories
2
APN
6335208004
Zoning
C6/CR CU
Assessed value
$456,920
Annual tax
$24,576
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.06M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.31M
@ 6.5% CAP return
$3.06M
@ 7% CAP return
$2.84M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$24,576
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$2.80M
Range $2.59M – $5.85M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$445k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 94 sales
$241
-90%
County 102 sales
$243
-90%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $25/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
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
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.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$248k
Move the market yield to see immediate price impact.
Value / SF
$14
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
5.00%7.00%9.00%
$16k
$312k
$223k
$173k
$17k
$347k
$248k
$193k
$19k
$382k
$273k
$212k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$24,576
Tax year 2023
Assessed value
$456,920
Assessed 2023
Previous assessed
$456,920
+0.0% YoY
Effective rate
5.38%
On assessed value
Assessed land
$148,820
Assessed improvement
$308,100
Land market value
$533,392
Improvement market value
$1,104,305
Total market value
$1,637,697
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Total area
17,646 SF
Lot
1.55 ac (67,518 SF)
Zoning code
C6/CR CU
APN
6335208004
UPID
US13-0311369
Jurisdiction
EL PASO
Zoning & alternative use
C6/CR CU · Colorado Springs, COZoning C6/CR CU · permitted uses
C6/CR CU · 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
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
2
Lot
1.55 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C6/CR CU
Jurisdiction
Colorado Springs, CO
Recorded code
C6/CR CU
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C6/CR CU 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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