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Property profile & analytics
OFF-MARKET
Estimated value
$1,145,000
Retail space
5055 List Dr Colorado Springs, CO 80919-3321
Entity Owned
1-yr Hold
Free & Clear
Property ID
US13-0311370
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2002
Construction
STEEL FRAME
Total area
8,080 SF
Lot
1.94 ac (84,506 SF)
Zoning code
PIP2 HS
APN
7323104014
UPID
US13-0311370
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
-
Paonia Inc. General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.50M
Comparable Approach
Comparable
$814k
Blend (final)
Blend
$1.15M
Owner & transaction history
5055 List Drive LLC · 1 yrs held
5055 List Drive LLC
since 2025
7 recorded transactions
Zoning & alternative use
PIP2 HS · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,620,000
6.5%
$1,495,000
7%
$1,390,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,700,000
Current use
OFFICE BUILDING
$1,425,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$1.15M
Range $1.03M – $1.26M · ±10%
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
$142 / 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
$19,531
Tax year 2023
Assessed value
$364,850
Assessed 2023
Previous assessed
$364,850
+0.0% YoY
Effective rate
5.35%
On assessed value
Assessed land
$87,240
Assessed improvement
$277,610
Land market value
$312,672
Improvement market value
$995,033
Total market value
$1,307,705
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2002
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Total area
8,080 SF
Lot
1.94 ac (84,506 SF)
Zoning code
PIP2 HS
APN
7323104014
UPID
US13-0311370
Jurisdiction
EL PASO
Zoning & alternative use
PIP2 HS · Colorado Springs, COZoning PIP2 HS · permitted uses
PIP2 HS · Colorado Springs, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.4M
RETAIL STORES Current
OFFICE BUILDING
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
2002
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Lot
1.94 ac
Current owner
From public records · entity-resolved
5055 List Drive LLC
Entity
Free & Clear · 1 yrs held
Mailing address
3215 TEJON ST APT #307, DENVER, CO 80211-3699
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2025
—
5055 List Drive LLC
—
Deed
related
$800,000 · Amg National Trust Bank
Mar 18, 2025
$2,600,000
5055 List Drive LLC
Es 5055 List Dr LLC
Special Warranty Deed
—
Dec 13, 2023
—
Es Holdco List Dr LLC
Dc LLC
Special Warranty Deed
$1,210,000 · Firstbank
Nov 12, 2015
—
District Of Columbia
—
Trustees Deed
related
$512,529 · Integrity Bk
Jul 31, 2015
$375,000
Dc LLC
Downtown Development Group LLC
Special Warranty Deed
$303,226 · Integrity Bank & Trust
Nov 8, 2012
—
Downtown Dev Group LLC
Deputy Public Te Of El Paso Cnty
Trustees Deed
related
—
Oct 25, 2012
$271,461
Don Frazier
Deputy Public Te Of El Paso Cnty
Certificate Of Purchase
$330,000
Dec 10, 2001
$253,500
Don Frazier
Scheidemandwl,dieter
Grant Deed
—
Nov 14, 2001
—
Don Frazier
—
Trustees Deed
related
$330,000 · Vectra Bank Colorado NA
—
—
Donald L Frazier
—
Deed Of Trust
related
—
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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