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Property profile & analytics
OFF-MARKET
Estimated value
$940,000
Specialty properties
4525 Roman Candle Pt Colorado Springs, CO 80917
Entity Owned
7-yr Hold
Property ID
US13-2225618
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
2017
Construction
WOOD FRAME
Total area
9,061 SF
Lot
13.4 ac (583,704 SF)
Zoning code
R5 AO
APN
6324401093
UPID
US13-2225618
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
$580k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.30M
Blend (final)
Blend
$940k
Owner & transaction history
Asher Co Partners LLC · 7 yrs held
Asher Co Partners LLC
since 2018
4 recorded transactions
Zoning & alternative use
R5 AO · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.3M
+73.5%
Apartment house (5+ units)
$1.2M
+59.0%
Office building
$1.2M
+49.0%
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
by Request
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$775,000
Current use
MEDICAL BUILDING
$1,340,000
Change: +74% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,230,000
Change: +59% · Conversion: Difficult
OFFICE BUILDING
$1,150,000
Change: +49% · Conversion: Difficult
RESTAURANT
$1,115,000
Change: +44% · Conversion: Difficult
WAREHOUSE, STORAGE
$945,000
Change: +22% · Conversion: Difficult
AUTO REPAIR, GARAGE
$875,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±10%
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
$104 / 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
Assessed value
$5,230,740
Assessed 2023
Previous assessed
$5,230,740
+0.0% YoY
Assessed land
$408,680
Assessed improvement
$4,822,060
Land market value
$6,099,707
Improvement market value
$71,971,093
Total market value
$78,070,800
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
2017
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
16
Stories
3
Total area
9,061 SF
Lot
13.4 ac (583,704 SF)
Zoning code
R5 AO
APN
6324401093
UPID
US13-2225618
Jurisdiction
EL PASO
Zoning & alternative use
R5 AO · Colorado Springs, CO
Zoning R5 AO · permitted uses
R5 AO · 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
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$775,000
MEDICAL BUILDING
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.2M
RESTAURANT
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$945,000
AUTO REPAIR, GARAGE
Est. value
$875,000
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
RESTAURANT
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
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
2017
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
16
Lot
13.4 ac
Current owner
From public records · entity-resolved
Asher Co Partners LLC
Entity
Mailing address
3424 PEACHTREE RD NE STE #300, ATLANTA, GA 30326-2818
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2026
—
Asher Co Partners LLC
—
Deed
related
$75,500,000 · Truist Bank
Jan 17, 2019
—
Asher Co Partners LLC
—
Deed
related
$42,770,000 · Walker & Dunlop
Dec 20, 2018
$65,800,000
Asher Co Partners LLC
Vedura Cs LLC
Special Warranty Deed
$4,277,000 · W&d Interim Lender LLC
—
—
Asher Co Partners LLC
—
Deed Of Trust
related
$42,770,000 · Walker & Dunlop
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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