Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,450,000
Warehouses
4825 Northpark Dr Colorado Springs, CO 80918-3817
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US13-2367842
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
29,304 SF
Lot
2.08 ac (90,605 SF)
Zoning code
M1
APN
6319303003
UPID
US13-2367842
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
-
Interstate Batteries Distributor Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.41M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.14M
Blend (final)
Blend
$2.45M
Owner & transaction history
Gallet LLC · 6 yrs held
Gallet LLC
since 2020
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
M1 · 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
$2,495,000
ML approach
$2,410,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.45M
Range $2.21M – $2.70M · ±10% · vs last sale $2.10M (Mar 18 2020)
Last sale anchor
$2.10M
Mar 18 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
$84 / 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
$697,500
Assessed 2023
Previous assessed
$697,500
+0.0% YoY
Assessed land
$108,700
Assessed improvement
$588,800
Land market value
$389,597
Improvement market value
$2,110,403
Total market value
$2,500,000
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
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Total area
29,304 SF
Lot
2.08 ac (90,605 SF)
Zoning code
M1
APN
6319303003
UPID
US13-2367842
Jurisdiction
EL PASO
Zoning & alternative use
M1 · Colorado Springs, CO
Zoning M1 · permitted uses
M1 · 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
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Lot
2.08 ac
Current owner
From public records · entity-resolved
Gallet LLC
Entity
Mailing address
PO BOX 60280, COLORADO SPRINGS, CO 80960-0280
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2020
—
Gallet LLC
—
Deed
related
$1,300,000 · Ent Cu
Mar 18, 2020
$2,100,000
Gallet LLC
4825 Northpark
Special Warranty Deed
$1,300,000 · The Stockmens Bank
Mar 21, 2016
—
4825 Northpark
—
Trustees Deed
related
$1,100,000 · Wendell Gravley
Dec 20, 2012
—
4825 Northpark
—
Trustees Deed
related
$1,100,000 · Wendell Gravley
Sep 17, 2009
—
Informa INC
—
Grant Deed
related
$24,900,000 · Hillcrest Bank
Oct 18, 2002
—
4825 Northpark
Cada Ventures Ltd
Grant Deed
$850,000 · California Bank & Trust
Oct 26, 1999
$110,000
Cada Ventures Ltd
Nassimbene,leo L
Grant Deed
—
—
—
4825 Northpark
—
Deed Of Trust
related
$1,100,000 · Wendell Gravley
—
—
4825 Northpark
—
Deed Of Trust
related
$275,000 · Vectra Bank Colorado NA
—
—
4825 Northpark
—
Deed Of Trust
related
$3,140,000 · Stockmens Bk
—
—
4825 Northpark
—
Deed Of Trust
related
$1,044,000 · First Community Bank
—
—
4825 Northpark LLC
—
Deed Of Trust
related
$800,000 · United Heritage Life Ins Co
—
—
4825 Northpark
—
Deed Of Trust
related
$675,911 · Valley View State Bank
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 4825 Northpark 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.
