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Property profile & analytics
OFF-MARKET
Estimated value
$2,150,000
Warehouses
4940 Geiger Blvd, Colorado Springs, CO 80915-3516
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-2802431
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2003
Construction
WOOD FRAME
Total area
2,400 SF
Lot
1.42 ac (61,855 SF)
Zoning code
PIP2 AO APZ2
APN
6412304030
UPID
US13-2802431
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.15M
Owner & transaction history
Coruscant Properties LLC · 2 yrs held
Coruscant Properties LLC
since 2023
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
PIP2 AO APZ2 · 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
$2,135,000
ML approach
$2,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.15M
Range $1.94M – $2.37M · ±10% · vs last sale $2.19M (Aug 22 2023)
Last sale anchor
$2.19M
Aug 22 2023
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
$896 / 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
$4,293
Tax year 2023
Assessed value
$85,560
Assessed 2023
Previous assessed
$85,560
+0.0% YoY
Effective rate
5.02%
On assessed value
Assessed land
$82,840
Assessed improvement
$2,720
Land market value
$296,904
Improvement market value
$9,762
Total market value
$306,666
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
2003
Construction
WOOD FRAME
Heating
NONE
Stories
1
Total area
2,400 SF
Lot
1.42 ac (61,855 SF)
Zoning code
PIP2 AO APZ2
APN
6412304030
UPID
US13-2802431
Jurisdiction
EL PASO
Zoning & alternative use
PIP2 AO APZ2 · Colorado Springs, CO
Zoning PIP2 AO APZ2 · permitted uses
PIP2 AO APZ2 · 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
2003
Construction
WOOD FRAME
Heating
NONE
Stories
1
Lot
1.42 ac
Current owner
From public records · entity-resolved
Coruscant Properties LLC
Entity
Mailing address
9689 VARROW ST, WESTMINSTER, CO 80021
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2024
—
Coruscant Properties LLC
—
Deed
related
$1,752,000 · Corefirst Bank & Trust
Aug 22, 2023
$2,190,000
Coruscant Properties LLC
Geiger Properties LLC
Special Warranty Deed
$1,642,500 · Llg Colorado Springs LLC
Mar 20, 2023
—
Geiger Properties LLC
—
Deed
related
$500,000 · Csi Financial LLC
Nov 5, 2019
—
Geiger Properties LLC
—
Deed
related
$440,000 · Anb Bk
Jul 12, 2018
—
Gieger Properties LLC
—
Deed
related
$1,500,000 · Csi Financial LLC
Mar 13, 2018
—
Geiger Properties LLC
—
Trustees Deed
related
$149,900 · Anb Bk
Jun 10, 2013
$615,000
Geiger Properties LLC
Foxworth-galbraith Lumber Co
Grant Deed
$130,000 · Foxworth-galbraith Lumber Co
Jun 20, 2006
$3,481,000
Foxworth-galbraith Lumber Co
Stonegate Homes LLC
Grant Deed
—
—
—
Geiger Properties LLC
—
Deed Of Trust
related
$440,000 · Anb Bk
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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