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Property profile & analytics
OFF-MARKET
Strip malls
5881 Academy Blvd Colorado Springs, CO 80918-3414
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-1289572
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,115 SF
Lot
1.14 ac (49,658 SF)
Zoning code
C5 P
APN
6316301031
UPID
US13-1289572
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
-
Edgin Insurance & Financial - American National Insurance - Robert Edgin Insurance Agency
-
Tyler Carr at The Cutting Edge, Realtors - Home Team Real Estate Agency
-
Ambyr Kirkpatrick - The Cutting Edge, Realtors Real Estate Agency
-
The Cutting Edge Real Estate Agency
-
Jill Cole - Realtor The Cutting Edge, Realtors Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Soix Realty Corp · 4 yrs held
Soix Realty Corp
since 2022
Last sale
$12.2M
6 recorded transactions
Zoning & alternative use
C5 P · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Assessed value
$371,290
Assessed 2023
Previous assessed
$371,290
+0.0% YoY
Assessed land
$169,720
Assessed improvement
$201,570
Land market value
$608,311
Improvement market value
$722,465
Total market value
$1,330,776
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
10,115 SF
Lot
1.14 ac (49,658 SF)
Zoning code
C5 P
APN
6316301031
UPID
US13-1289572
Jurisdiction
EL PASO
Zoning & alternative use
C5 P · Colorado Springs, COZoning C5 P · permitted uses
C5 P · Colorado Springs, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.14 ac
Current owner
From public records · entity-resolved
Soix Realty Corp
Entity
Mailing address
21207 33RD RD, BAYSIDE, NY 11361-1506
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2025
—
Soix Realty Corp
—
Deed
related
$750,000 · Canvas Cu
May 16, 2022
$12,150,000
Soix Realty Corp
Erindale Square Properties Ltd
Special Warranty Deed
$5,665,000 · Canvas Cu
Aug 23, 2019
—
Tcer LLC
Roots LLC
Grant Deed
related
—
Jun 15, 2017
$8,100,000
Erindale Square Properties Ltd
New Erindale LLC
Grant Deed
related
$5,360,000 · Goldman-sachs Mtg
Dec 26, 2014
$2,725,000
New Erindale LLC
Mckinley Freeway Center II INC
Special Warranty Deed
—
—
—
Mckinley Freeway Center II INC
—
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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