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Property profile & analytics
FOR LEASE
Office buildings
4935 North 30Th St Colorado Springs, CO 80919
Entity Owned
~
Est. High Equity
Property ID
US13-1802773
For Lease
1 / 8
$1,450,000
4935 North 30Th St, Colorado Springs, CO 80919
View Listing →
Property summary
AI-generated overview
This exceptional two-story, 13,146-square-foot executive office building is situated in Colorado Springs' coveted Garden of the Gods corridor. Built in 1985 and renovated in 2020, the Class B property boasts a desirable Northwest submarket location, offering easy access to I-25 and abundant parking (42 spaces). The 0.69-acre lot features a single building with multiple suites, currently housing one tenant (Ascend Physical Therapy) occupying approximately 2,000 square feet, leaving 11,112 square feet vacant. The spacious interior includes a mix of private offices, conference rooms, and ample storage. Each floor offers a convenient breakroom/kitchen and restrooms. Large windows provide stunning mountain views. The property is zoned PIP2 and benefits from its proximity to restaurants, shopping, and a new high-tech defense innovation campus. This presents a unique opportunity for an owner-user seeking a prestigious location with potential rental income. The building lacks elevators.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,146 SF
Lot
0.68 ac (29,652 SF)
Zoning code
PIP2
APN
7323301036
UPID
US13-1802773
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
-
Ashley Hymel Physician
-
MLG's Massage Therapy Alternative Medicine Practice Spa & Massage Center
-
LMI (Bike/Boat/Book/etc) Store Corporate Office
-
Heather Felde Physician
-
Emily Schwerdt Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.37M
Blend (final)
Blend
$1.45M
Owner & transaction history
Yellow Rock Properties LLC
Yellow Rock Properties LLC
since 2025
Last sale
$2.0M
2 recorded transactions
Zoning & alternative use
PIP2 · 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
$1,055,000
ML approach
$1,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,315,000
Current use
Blend value · Realmo final
$1.45M
Range $1.31M – $1.60M · ±10% · vs last sale $1.99M (Dec 31 2025)
Last sale anchor
$1.99M
Dec 31 2025
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
$110 / 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
$15,251
Tax year 2023
Assessed value
$286,720
Assessed 2023
Previous assessed
$286,720
+0.0% YoY
Effective rate
5.32%
On assessed value
Assessed land
$51,290
Assessed improvement
$235,430
Land market value
$183,842
Improvement market value
$843,833
Total market value
$1,027,675
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
2
Total area
13,146 SF
Lot
0.68 ac (29,652 SF)
Zoning code
PIP2
APN
7323301036
UPID
US13-1802773
Jurisdiction
EL PASO
Zoning & alternative use
PIP2 · Colorado Springs, CO
Zoning PIP2 · permitted uses
PIP2 · 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
OFFICE BUILDING Current
Est. value
$2.3M
OFFICE BUILDING Current
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
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
2
Lot
0.68 ac
Current owner
From public records · entity-resolved
Yellow Rock Properties LLC
Entity
Mailing address
4935 N 30TH ST STE #200, COLORADO SPRINGS, CO 80919-3142
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2025
$1,990,000
Yellow Rock Properties LLC
Axon Realty Group LLC
Special Warranty Deed
$2,300,000 · William Haslalm
Feb 24, 2020
$950,000
Axon Realty Group LLC
Quan Van Nguyen
Grant Deed
$760,000 · Mountain Research Buildings Ll
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.
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