Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,370,000
Grocery and convenience stores
5590 Powers Ctr Pt Colorado Springs, CO 80920-7100
Individually Owned
3-yr Hold
Free & Clear
Property ID
US13-0103167
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,028 SF
Lot
0.87 ac (38,018 SF)
Zoning code
PBC AO
APN
6236401001
UPID
US13-0103167
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
-
7-Eleven Grocery & Convenience Store
-
Conoco Gas Station
-
Western Union Bank Credit Union
-
ATM (7-Eleven) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.37M
Owner & transaction history
The Piepenlcotter Living Survivors · 3 yrs held
The Piepenlcotter Living Survivors
since 2022
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
PBC AO · 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
$4,185,000
ML approach
$4,235,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.37M
Range $3.93M – $4.81M · ±10% · vs last sale $4.53M (Jul 20 2022)
Last sale anchor
$4.53M
Jul 20 2022
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
$1,443 / 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
$11,409
Tax year 2023
Assessed value
$178,670
Assessed 2023
Previous assessed
$178,670
+0.0% YoY
Effective rate
6.39%
On assessed value
Assessed land
$144,260
Assessed improvement
$34,410
Land market value
$517,045
Improvement market value
$123,319
Total market value
$640,364
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
3,028 SF
Lot
0.87 ac (38,018 SF)
Zoning code
PBC AO
APN
6236401001
UPID
US13-0103167
Jurisdiction
EL PASO
Zoning & alternative use
PBC AO · Colorado Springs, CO
Zoning PBC AO · permitted uses
PBC AO · 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
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
The Piepenlcotter Living Survivors
Individual
Free & Clear · 3 yrs held
Mailing address
527 F AVE, CORONADO, CA 92118-1721
Ownership since
2022
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
Jul 20, 2022
—
The Piepenlcotter Living Survivors
Charlotte Piepenkotter
Intrafamily Transfer
related
—
Jul 12, 2021
$4,525,000
5922 Ellenview LLC
Corevet Investment Group LLC
Special Warranty Deed
$4,433,500 · Independent Bank
Nov 30, 2016
$1,707,000
Piepenkotter Living Trust
Kotsaftis Properties LLC
Grant Deed
$2,200,000 · Boston Mutual Life Insurance Co
Aug 10, 2016
—
James W Kotsaftis
Kotsaftis Properties LLC
Quit Claim Deed
—
May 10, 2011
—
Kotsaftis Properties LLC
Kotsaftis,james W & Vicki L
Quit Claim Deed
—
Jan 26, 2006
—
James W Kotsaftis
—
Trustees Deed
related
$200,000 · Intermountain Bank
May 13, 2004
$2,100,000
James W Kotsaftis
Hawthorn Properties LLC
Grant Deed
$450,000 · Inter Mountain Mortgage
May 13, 2004
—
Hawthorn Properties LLC
Channel Properties LLC
Grant Deed
related
—
—
—
James W Kotsaftis
—
Deed Of Trust
related
$50,000 · Intermountain Bank
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.
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?”
You own 5590 Powers Ctr Pt?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
