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Property profile & analytics
FOR SALE
Life science properties
5415 Mark Dabling Blvd Colorado Springs, CO 80919
Individually Owned
31-yr Hold
Free & Clear
Property ID
US13-1101968
For Sale
1 / 6
$3,299,000
5415 Mark Dabling Blvd, Colorado Springs, CO 80919
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Property summary
AI-generated overview
This exceptional Class A property, located at 5415 Mark Dabling Blvd in Colorado Springs, CO 80919, offers 22,684 square feet of flexible office and industrial space within a single, two-story building constructed in 1985. The property sits on 1.19 acres of land and boasts convenient access to I-25 via Garden of the Gods Road and Rockrimmon Boulevard exits. Multiple tenancy options are available, with spaces ranging from a minimum of 3,656 square feet up to the entire 22,684 square feet. Currently, 14,276 square feet is vacant. Amenities include 50 total parking spaces, one dock-high door, and one drive-in door. The interior features high-level finishes, perimeter offices with abundant natural light, large conference/meeting rooms, and kitchen/break areas on each level. The flexible BP zoning allows for diverse uses. The building is situated in the desirable Pikes Peak Research Park, providing easy access to walking/biking trails and retail amenities. This property presents a unique opportunity for businesses seeking a versatile and well-appointed space in a prime Colorado Springs location.
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
21,889 SF
Lot
1.19 ac (51,836 SF)
Zoning code
PIP2/CR SS
APN
6319206004
UPID
US13-1101968
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
-
BSCS Science Learning Charitable Organization Social Service Agency
-
NextGen TIME Training Center Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$655k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$784k
Blend (final)
Blend
$720k
Owner & transaction history
BIOLOGICAL SCIENCES
BIOLOGICAL SCIENCES
Zoning & alternative use
PIP2/CR SS · 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
$655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL
$700,000
Current use
Blend value · Realmo final
$720k
Range $648k – $792k · ±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
$33 / 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
$30,137
Tax year 2023
Assessed value
$550,060
Assessed 2023
Previous assessed
$550,060
+0.0% YoY
Effective rate
5.48%
On assessed value
Assessed land
$99,070
Assessed improvement
$450,990
Land market value
$355,077
Improvement market value
$1,616,443
Total market value
$1,971,520
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
For Sale
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Total area
21,889 SF
Lot
1.19 ac (51,836 SF)
Zoning code
PIP2/CR SS
APN
6319206004
UPID
US13-1101968
Jurisdiction
EL PASO
Zoning & alternative use
PIP2/CR SS · Colorado Springs, CO
Zoning PIP2/CR SS · permitted uses
PIP2/CR SS · 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
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL Current
Est. value
$700,000
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL 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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
2
Lot
1.19 ac
Current owner
From public records · entity-resolved
BIOLOGICAL SCIENCES
Individual
Free & Clear · 0 yrs held
Mailing address
5415 MARK DABLING BLVD, COLORADO SPRINGS, CO 80918-3842
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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