Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    4795 Northpark Dr Colorado Springs, CO 80918

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4795 Northpark Dr Colorado Springs, CO 80918

    View on Map
    • Distribution centers
    • 19,397 SF
    • 1.52 lot acres
    For Sale
    $3,500,000
    View Listing →
    Leased Office/Warehouse Near I-25 For Sale
    $3,500,000
    19,397 SF

    Leased Office/Warehouse Near I-25

    Class B+ office/warehouse property with excellent I-25 access.

    4795 Northpark Drive, Colorado Springs, CO 80918
    View Listing
    Property ID
    US13-0432335
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Distribution centers

    Property Details for 4795 Northpark Dr

    Year built
    1968
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.52 lot acres
    Property size
    19,397 SF
    Zone code
    M1/CR CU
    Property type
    Distribution centers
    APN
    6319303005
    APU
    6319303005

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,150,000
      6.5%
      $2,910,000
      7%
      $2,700,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,492,000
      Market price range: $2.32M - $4.87M
      AI Estimate
      $2,933,000
      Market price range: $797k - $7.47M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $3,190,000
      Current use
      RETAIL STORES
      $4,075,000
      Change: +28% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.826
    Latitude
    38.9001
    CBSA code
    17820
    CBSA name
    COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $79,430
    $571,440
    $650,870
    -
    $284,707
    $2,048,163
    $2,332,870

    Comparable in this City

    • Value Estimation
      $2,005,000
      15,260 SF

      4950 Northpark Dr

      DISTRIBUTION WAREHOUSE • 15,260 SF
      4950 Northpark Dr, Colorado Springs, CO 80918-3820
      View Details
    • Value Estimation
      $585,000
      3,098 SF

      6615 Vincent Dr

      DISTRIBUTION WAREHOUSE • 3,098 SF
      6615 Vincent Dr, Colorado Springs, CO 80918-3169
      View Details
    • Value Estimation by Request
      2,475 SF

      4750 Chromium Dr

      DISTRIBUTION WAREHOUSE • 2,475 SF
      4750 Chromium Dr, Colorado Springs, CO 80918-5002
      View Details
    • Value Estimation
      $4,440,000
      31,090 SF

      4920 Northpark Loop

      DISTRIBUTION WAREHOUSE • 31,090 SF
      4920 Northpark Loop, Colorado Springs, CO 80918-3824
      View Details
    • Value Estimation
      $1,605,000
      11,426 SF

      110 Enterprize Rd

      DISTRIBUTION WAREHOUSE • 11,426 SF
      110 Enterprize Rd, Colorado Springs, CO 80918-3825
      View Details
    • Value Estimation
      $685,000
      5,226 SF

      4712 Austin Blfs Pkwy

      DISTRIBUTION WAREHOUSE • 5,226 SF
      4712 Austin Blfs Pkwy, Colorado Springs, CO 80918-2940
      View Details

    Similar Nearby for Sale

    • $3,500,000
      19,397 SF

      Leased Office/Warehouse Near I-25

      Class B+ office/warehouse property with excellent I-25 access.
      4795 Northpark Dr, Colorado Springs, CO 80918
      View Details
    • Contact for pricing
      23,190 SF

      Leased Office/Warehouse Near I-25

      Multi-tenant office/warehouse property with I-25 access and recent roof.
      4703-4755 Northpark Dr, Colorado Springs, CO 80918
      View Details
    • Contact for pricing
      6,000 SF

      Retail Condos Investment Opportunity

      NNN investment property with steady cash-flow and low maintenance.
      3729 Austin Bluffs Pkwy, Colorado Springs, CO 80918
      View Details
    • Contact for pricing
      5,000 SF

      Turnkey Commercial Property For Sale

      5000 sq ft commercial property with co-op kitchen.
      4621 Austin Bluffs Pkwy, Colorado Springs, CO 80918
      View Details
    • Contact for pricing

      1.05 Acre Lot Available

      1.05 acre lot with frontage on Academy Boulevard.
      2120 University Park Blvd, Colorado Springs, CO 80918
      View Details
    • Contact for pricing
      1,185 SF

      Small Office Condos For Sale

      Rare opportunity to purchase small office condos in Colorado Springs.
      1945 Dominion Way, Colorado Springs, CO 80918
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,040 SF

      Corner Location Retail/Industrial Space

      High-visibility corner location suitable for retail, office, or industrial use.
      6121 N Academy Blvd, Colorado Springs, CO 80918
      View Details
    • Contact for pricing

      Corner Location Warehouse with Showroom

      9,040 SF warehouse with showroom/office, ample parking, high visibility.
      6121 N Academy Blvd, Colorado Springs, CO 80918
      View Details
    • $14 SF/Yr
      1,450 SF

      Two-Story Industrial Building Available

      13,992 SF M1-zoned building with income potential.
      4615 Northpark Dr, Colorado Springs, CO 80918
      View Details
    • Contact for pricing

      Centrally Located Colorado Springs Warehouse

      Office/warehouse space with I-25 access in Colorado Springs.
      4850 Northpark Dr, Colorado Springs, CO 80918
      View Details
    • Contact for pricing

      Office Space Available for Rent

      Office space with 11 offices, reception, storage, and kitchen.
      1925 Dominion Way, Colorado Springs, CO 80918
      View Details
    • Contact for pricing

      Professional Building with High Visibility

      Professional building with easy access and high-profile signage.
      6745 Rangewood Dr, Colorado Springs, CO 80918
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4795 Northpark Dr
    Colorado Springs, CO 80918
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    4795 Northpark Dr, Colorado Springs, CO, 80918

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!