Financial
Distress signals
Property profile

535 E Cimarron St Colorado Springs, CO 80903

FOR SALE
Distribution centers
Property ID
US13-0768584
13,217 SF 0.49 ac lot Built 1986
Last sale Apr 2022 · $1,820,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional industrial property, located at 535 E Cimarron St in Colorado Springs, CO 80903, presents a unique investment opportunity. The 13,250 square foot warehouse boasts 9,100 square feet of readily available space, ideal for a variety of uses including warehousing, manufacturing, or assembly. The property sits on a 0.49-acre lot and features four buildings, each two stories high, with a convenient 12-foot ceiling height. Ample parking is provided with 14 total spaces, and five

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$24k
Tax billed · 2023
Assessed value$445k
Assessed land$26k
Assessed improvement$418k
Effective rate5.38%

Value estimate

· Sep 2026
$1.69M
$1.52M – $1.85M
AI approach$1.75M
CAP approach$2.24M
Submarket $/SF estimate$2.04M
NOI build-up
Gross scheduled income$207k
Vacancy & credit loss−$10k
Operating expenses−$69k
NOI · 6.72% cap applied$128k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$164/SF
Submarket average, outlier-cleaned · 279 recorded sales of this use type
Observed band · Q1–Q3$120 – $251
Qualifying comparables7

Cap rate analysis

How does the asset earn?
6.72%
$128k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PIP1/CR
JurisdictionEL PASO

Location intelligence

Which uses thrive at this corner?
Best fit: Carpet & Flooring Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Carpet & Flooring Store8.7
Laundromat8.6
Laundry Service8.4

Location

535 E Cimarron St Colorado Springs, CO 80903
County assessor Recorded deeds · 6 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 13 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
30 Costilla, Colorado Springs, CO 80903-3812 $2,000,000 Sep 2021 10,599 SF
211-215 Cimarron, Colorado Springs, CO 80903 $5,500,000 Oct 2020 16,832 SF
1330 Royer, Colorado Springs, CO 80903-4361 $850,000 Mar 2019 5,528 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message