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Property profile & analytics
OFF-MARKET
Estimated value
$2,230,000
Specialty properties
5886 Tutt Blvd Colorado Springs, CO 80923-3587
Entity Owned
3-yr Hold
Free & Clear
Property ID
US13-0382333
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
2013
Construction
WOOD FRAME
Total area
7,088 SF
Lot
1 ac (43,400 SF)
Zoning code
PBC AO
APN
5318319023
UPID
US13-0382333
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
-
Powers Pet Surgical Services Veterinary Clinic
-
Powers Pet Emergency & Specialty Veterinary Clinic
-
Starbucks Cafe & Coffee Shop
-
Powers Pet Rehabilitation Veterinary Clinic
-
Powers Emergency and Critical Pet Care Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.23M
Owner & transaction history
Rfs Properties LLC · 3 yrs held
Rfs Properties LLC
since 2022
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
PBC AO · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+75.5%
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
$2,130,000
ML approach
$2,195,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,490,000
Change: +76% · Conversion: Difficult
Blend value · Realmo final
$2.23M
Range $2.01M – $2.45M · ±10% · vs last sale $2.30M (Aug 2 2022)
Last sale anchor
$2.30M
Aug 2 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
$315 / 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
$33,668
Tax year 2023
Assessed value
$566,740
Assessed 2023
Previous assessed
$566,740
+0.0% YoY
Effective rate
5.94%
On assessed value
Assessed land
$172,550
Assessed improvement
$394,190
Land market value
$618,450
Improvement market value
$1,412,883
Total market value
$2,031,333
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
2013
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
7,088 SF
Lot
1 ac (43,400 SF)
Zoning code
PBC AO
APN
5318319023
UPID
US13-0382333
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.5M
COMMERCIAL (GENERAL)
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
2013
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Rfs Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2316 W HILLSIDE DR, CENTRAL POINT, OR 97502-1367
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
Aug 2, 2022
$2,300,000
Rfs Properties LLC
Kelker LLC
Special Warranty Deed
—
Jun 21, 2017
—
Kelker LLC
—
Grant Deed
related
$2,080,000 · Firstrust Bk
May 31, 2013
—
Kelker LLC
—
Grant Deed
related
$1,685,000 · Live Oak Banking Co
Sep 12, 2012
—
Kelker LLC
Wilwerding,lee
Quit Claim Deed
related
$1,400,000 · Live Oak Banking Co
Nov 17, 2011
$416,095
Lee Wilwerding
Hcb Colorado Properties LLC
Grant Deed
—
Jul 14, 2010
—
Hcb Colorado Properties LLC
Swat I LLC
Deed In Lieu Of Foreclosure
related
—
Dec 9, 2008
—
Swat I LLC
Ridgeview Dev LLC
Quit Claim Deed
related
$2,850,000 · Hillcrest Bank
Mar 31, 2005
—
Record Owner
Owner,record
Quit Claim Deed
related
—
—
—
Kelker LLC
—
Loan Modification
related
$1,345,000 · Live Oak Bkg
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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