Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,190,000
Warehouses
4750 Town Ctr Dr Colorado Springs, CO 80916-4723
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-1598814
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2016
Construction
STEEL FRAME
Total area
9,160 SF
Lot
0.89 ac (38,735 SF)
Zoning code
PIP2 AO SS APZ2
APN
6414108002
UPID
US13-1598814
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
-
Platte Indoor Mega Storage Storage Facility
-
247scales Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.33M
CAP Approach
CAP
$1.23M
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.19M
Owner & transaction history
Limelight Development I LLC · 1 yrs held
Limelight Development I LLC
since 2024
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
PIP2 AO SS APZ2 · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.0M
+35.3%
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
$1,305,000
ML approach
$1,325,000
CAP Approach
CAP Return
Estimation
6%
$1,325,000
6.5%
$1,225,000
7%
$1,135,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,445,000
Current use
OFFICE BUILDING
$1,955,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$1.19M
Range $1.07M – $1.31M · ±10% · vs last sale $1.10M (Nov 13 2020)
Last sale anchor
$1.10M
Nov 13 2020
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
$130 / 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
$9,696
Tax year 2023
Assessed value
$185,340
Assessed 2023
Previous assessed
$185,340
+0.0% YoY
Effective rate
5.23%
On assessed value
Assessed land
$35,660
Assessed improvement
$149,680
Land market value
$127,826
Improvement market value
$536,485
Total market value
$664,311
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2016
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
9,160 SF
Lot
0.89 ac (38,735 SF)
Zoning code
PIP2 AO SS APZ2
APN
6414108002
UPID
US13-1598814
Jurisdiction
EL PASO
Zoning & alternative use
PIP2 AO SS APZ2 · Colorado Springs, CO
Zoning PIP2 AO SS APZ2 · permitted uses
PIP2 AO SS APZ2 · 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
$1.4M
OFFICE BUILDING
Est. value
$2.0M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
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
2016
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
0.89 ac
Current owner
From public records · entity-resolved
Limelight Development I LLC
Entity
Mailing address
3720 MASTERS DR, COLORADO SPRINGS, CO 80907-7825
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2024
$1,330,000
Limelight Development I LLC
Platte Indoor Mega Storage LLC
Special Warranty Deed
—
Nov 13, 2020
$1,100,000
Platte Indoor Mega Storage LLC
Platte Indoor Rv Storage LLC
Special Warranty Deed
$250,000 · Waypoint Bank
Mar 27, 2019
—
Platte Indoor Rv Storage LLC
—
Deed
related
$615,000 · Firstbank
Oct 7, 2016
—
Platte Indoor Rv Storage LLC
—
Deed
related
$607,000 · Live Oak Bkg
Feb 6, 2015
$55,000
Platte Indoor Rv Storage LLC
Rodgers John
Grant Deed
—
Jul 25, 2014
$25,000
John Rodgers
Cxa-10 Corp
Grant Deed
—
May 8, 2012
—
Cxa-10 Corp
Deputy Public Te Of El Paso Cnty
Trustees Deed
related
—
Apr 19, 2012
$136,000
Southwest Holdings Of Colorado Sp
Deputy Public Te Of El Paso Cnty
Certificate Of Purchase
related
$23,049,000
—
—
Platte Indoor Rv Storage LLC
—
Deed Of Trust
related
$615,000 · Firstbank
—
—
Platte Indoor Rv Storage LLC
—
Deed Of Trust
related
$607,000 · Live Oak Bkg
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4750 Town Ctr Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
