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    Property profile & analytics

    4925 N Academy Blvd Colorado Springs, CO 80918

    • Turn key restaurants
    • 7,353 SF
    • 1.99 lot acres
    For Sale
    View listing
    $2,499,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-1154637
    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.

    Current Use by Public Records

    • Red Lobster / Restaurant
    • Self Storage / Storage Facility

    Property Details for 4925 N Academy Blvd

    Year built
    1982
    Construction
    WOOD FRAME
    Lot size
    1.99 lot acres
    Property size
    7,353 SF
    Zone code
    PBC
    Property type
    Turn key restaurants
    APN
    6322314012
    APU
    6322314012

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $405,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $681,000
      Market price range: $456k - $1.22M

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

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.77
    Latitude
    38.9028
    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
    $22,256
    $297,470
    $117,120
    $414,590
    -
    $1,066,213
    $419,772
    $1,485,985

    Comparable in this City

    • Value Estimation
      $1,290,000
      4,198 SF

      6523 Academy Blvd

      RESTAURANT • 4,198 SF
      6523 Academy Blvd, Colorado Springs, CO 80918-8342
      View Details
    • Value Estimation
      $1,625,000
      4,457 SF

      6995 Lexington Dr

      RESTAURANT • 4,457 SF
      6995 Lexington Dr, Colorado Springs, CO 80918-6352
      View Details
    • Value Estimation by Request
      6,360 SF

      5245 Academy Blvd

      RESTAURANT • 6,360 SF
      5245 Academy Blvd, Colorado Springs, CO 80918-4003
      View Details
    • Value Estimation
      $640,000
      1,994 SF

      4492 Austin Blfs Pkwy

      RESTAURANT • 1,994 SF
      4492 Austin Blfs Pkwy, Colorado Springs, CO 80918-2934
      View Details
    • Value Estimation by Request
      5,880 SF

      4820 Flintridge Dr

      RESTAURANT • 5,880 SF
      4820 Flintridge Dr, Colorado Springs, CO 80918-2518
      View Details
    • Value Estimation
      $550,000
      12,902 SF

      3760 Austin Blfs Pkwy

      RESTAURANT • 12,902 SF
      3760 Austin Blfs Pkwy, Colorado Springs, CO 80918
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,296 SF

      Former Restaurant on High-Traffic Parkway

      Former drive-through restaurant on 0.82 acres available for sale.
      4457 Austin Bluffs Pkwy, Colorado Springs, CO 80918
      View Details
    • $3,290,310
      1.66 Acres

      Colorado Springs Commercial Redevelopment Opportunity

      Prime commercial property with high redevelopment potential in a desirable location.
      1850 Dominion Way, Colorado Springs, CO 80918
      View Details
    • $1,990,000
      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
      6,441 SF

      Endcap Drive-Thru Bank Site

      Endcap drive-thru bank site for lease in Colorado Springs.
      5190 N Academy Blvd, Colorado Springs, CO 80918
      View Details
    • $3,290,310
      13,221 SF

      Redevelopment Opportunity in High-Traffic Corridor

      Commercial property with redevelopment potential in a fast-growing market.
      1850 Dominion Way, Colorado Springs, CO 80918
      View Details
    • Contact for pricing
      2,800 SF

      Restaurant/Retail Property on Academy Boulevard

      Single-tenant retail/restaurant with drive-thru potential on 0.78 acres.
      2455 Montebello Square Dr, Colorado Springs, CO 80918
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,850 SF

      Drive-Thru Restaurant Opportunity

      Second-generation QSR with drive-thru in high-traffic area.
      3220 Austin Bluffs Pkwy, Colorado Springs, CO 80918
      View Details
    • Contact for pricing

      Retail Space at Dublin Boulevard

      Retail and office spaces available at a prominent intersection.
      1704 Dublin Blvd, Colorado Springs, CO 80918
      View Details
    • Contact for pricing

      Retail Space For Rent

      Single tenant retail space available for lease.
      5326 N Nevada Ave, Colorado Springs, CO 80918
      View Details
    • Contact for pricing

      Commercial Space For Lease

      Commercial space available for lease at 3505 Austin Bluffs.
      3505 Austin Bluffs Pkwy, Colorado Springs, CO 80918
      View Details
    • Contact for pricing

      Shopping Center with Craft Tenants

      Shopping center with diverse mix of craft-oriented and major tenants.
      4310 Austin Bluffs Pkwy, Colorado Springs, CO 80918
      View Details
    • Contact for pricing

      Retail and Office Space Available

      Prime retail and office spaces in a high-traffic Colorado Springs center.
      2807-2871 Dublin Blvd, Colorado Springs, CO 80918
      View Details
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    4925 N Academy Blvd
    Colorado Springs, CO 80918
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    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
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