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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Strip malls
3945 Academy Blvd Colorado Springs, CO 80917-5922
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-2801406
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
27,205 SF
Lot
1.82 ac (79,279 SF)
Zoning code
C5 P
APN
6326307039
UPID
US13-2801406
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
-
Grass Ninja Lawn Service Landscaping
-
Bonnie Buys Houses Real Estate Agency
-
Mom & Me Vintage Linens, Lace & Antiques Home Decor Store Department Store
-
Impulse Bungee Fitness Gym & Fitness Center
-
Sight and Sound Technologies Electronics & Wireless Store Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$890k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$825k
Owner & transaction history
Truck Parts Co · 2 yrs held
Truck Parts Co
since 2023
Last sale
$664,890
7 recorded transactions
Zoning & alternative use
C5 P · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$645,000
ML approach
$890,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$825k
Range $743k – $908k · ±10% · vs last sale $665k (Aug 18 2023)
Last sale anchor
$665k
Aug 18 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
$30 / 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
$32,863
Tax year 2023
Assessed value
$599,330
Assessed 2023
Previous assessed
$599,330
+0.0% YoY
Effective rate
5.48%
On assessed value
Assessed land
$206,810
Assessed improvement
$392,520
Land market value
$741,259
Improvement market value
$1,406,868
Total market value
$2,148,127
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
27,205 SF
Lot
1.82 ac (79,279 SF)
Zoning code
C5 P
APN
6326307039
UPID
US13-2801406
Jurisdiction
EL PASO
Zoning & alternative use
C5 P · Colorado Springs, CO
Zoning C5 P · permitted uses
C5 P · 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.
Building & site characteristics
From public records
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.82 ac
Current owner
From public records · entity-resolved
Truck Parts Co
Entity
Mailing address
750 ABBOT LN, COLORADO SPRINGS, CO 80905-1801
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2023
—
Truck Parts Co
Ppinco LLC
Quit Claim Deed
related
—
Sep 20, 2021
—
Jr4zr Lllp
—
Deed
related
$2,900,000 · Ent Cu
Jun 30, 2021
—
Jason R Kelly
—
Deed
related
$1,165,000 · Anb Bank
Sep 17, 2019
—
Jason R Kelly
—
Deed
related
—
Aug 27, 2014
$664,890
Jason R Kelly
Jason R Kelly
Special Warranty Deed
$1,480,000 · 5star Bank
Nov 1, 2013
$1,185,100
Jason R Kelly
Underwood,michael W & Joni M
Grant Deed
$810,110 · Michael W & Joni M Underwood
Jul 5, 2012
$1,309,052
Michael W Underwood
Adams Bk & Trust
Warranty Deed
$1,322,000 · Adams Bank & Trust
Jun 30, 2010
—
Adams Bk & Trust
Deputy Public Te Of El Paso Cnty
Trustees Deed
related
—
Jun 17, 2010
$1,300,000
Roberta Millard
Deputy Public Te Of El Paso Cnty
Certificate Of Purchase
$1,368,750
Nov 6, 2007
—
Its All 2 Good LLC
Millard,roberta
Grant Deed
—
Jun 2, 2006
$1,825,000
Roberta Millard
Licciardi Family Partners
Warranty Deed
$1,368,750 · Adams Bank & Trust
Oct 5, 2005
—
Licciardi Family Partners LP
Licciardi Trust
Quit Claim Deed
related
$3,025,000 · Garden Of The Gods Bank
—
—
Jason R Kelly
—
Loan Modification
related
—
—
—
Michael W Underwood
—
Deed Of Trust
related
$225,000 · Geodan II 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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