Financial
Distress signals
Property profile

4820 Centennial Blvd Colorado Springs, CO 80907

FOR LEASE
Office buildings
Property ID
US13-0354380
49,140 SF 4.47 ac lot Built 1999
Last sale Feb 2020 · $14,989,900
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The Centennial Technology Center offers a unique opportunity to lease exceptional office, industrial, and flex space in El Paso County. This single-story, 100,184 square foot building, constructed in 1999, sits on a 4.84-acre lot and boasts a desirable campus setting with stunning mountain views. The property is zoned PF PIP1 HS and features flexible, open floor plans ideal for a variety of businesses. Multiple tenancy options are available, with spaces ranging from a minimum of 3,276 square

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$100k
Tax billed · 2023
Assessed value$1.84M
Assessed land$253k
Assessed improvement$1.59M
Effective rate5.45%

Value estimate

· Sep 2026
$17.24M
$15.51M – $18.96M
AI approach$10.39M
CAP approach$7.94M
Sales comparison$8.83M
NOI build-up
Gross scheduled income$501k
Vacancy & credit loss−$22k
Operating expenses−$144k
NOI · 2,094,925.00% cap applied$335k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$176/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$89 – $223

Cap rate analysis

How does the asset earn?
2,094,925.00%
$335k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PIP1 HS
JurisdictionEL PASO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.7
Law Firm17.6
Dental Office16.7

Location

4820 Centennial Blvd Colorado Springs, CO 80907
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5085 List, Colorado Springs, CO 80919-3345 $3,600,000 Mar 2024 18,807 SF
5045 List, Colorado Springs, CO 80919-3321 $4,100,000 Apr 2021 30,400 SF
5475 Tech Ctr, Colorado Springs, CO 80919-2335 $7,900,000 Jul 2020 55,711 SF
105 Pro Rodeo, Colorado Springs, CO 80919 $12,625,000 Nov 2019 104,904 SF
5050 List, Colorado Springs, CO 80919-3325 $5,762,375 Nov 2019 46,099 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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?”
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