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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Auto shops
5950 Omaha Blvd Colorado Springs, CO 80915-2828
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-2736086
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2002
Construction
STEEL FRAME
Total area
6,651 SF
Lot
0.96 ac (41,807 SF)
Zoning code
CC CAD-O
APN
5406304048
UPID
US13-2736086
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
-
Masterclean Products LLC Industrial Manufacturer Production Facility
-
Tiny Building Experts Construction Company
-
Geckos General Contractor
-
PSI Systems Inc Landscaping General Contractor
-
Victory 1 Roofing & Construction Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.00M
Owner & transaction history
Paonia Properties LLC · 2 yrs held
Paonia Properties LLC
since 2024
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
CC CAD-O · 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
$1,000,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,635,000
Current use
MEDICAL BUILDING
$1,600,000
Change: -2% · Conversion: Difficult
OFFICE BUILDING
$1,420,000
Change: -13% · Conversion: Difficult
RETAIL STORES
$1,400,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10% · vs last sale $1.00M (Jan 3 2024)
Last sale anchor
$1.00M
Jan 3 2024
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
$150 / 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
$16,836
Tax year 2023
Assessed value
$240,750
Assessed 2023
Previous assessed
$240,750
+0.0% YoY
Effective rate
6.99%
On assessed value
Assessed land
$82,820
Assessed improvement
$157,930
Land market value
$296,830
Improvement market value
$566,047
Total market value
$862,877
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2002
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Total area
6,651 SF
Lot
0.96 ac (41,807 SF)
Zoning code
CC CAD-O
APN
5406304048
UPID
US13-2736086
Jurisdiction
EL PASO
Zoning & alternative use
CC CAD-O · Colorado Springs, CO
Zoning CC CAD-O · permitted uses
CC CAD-O · 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
AUTO REPAIR, GARAGE Current
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.4M
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
2002
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Paonia Properties LLC
Entity
Mailing address
1625 PAONIA ST STE #150, COLORADO SPRINGS, CO 80915-2665
Ownership since
2024
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
Jan 3, 2024
$1,000,000
Paonia Properties LLC
Jason Mitchell
Warranty Deed
$600,000 · Todd Mitchell
Dec 7, 2023
—
Jason Mitchell
Paonia Properties LLC
Quit Claim Deed
related
—
Jan 17, 2023
—
Omaha LLC
The Hartline Revocable Trust
Special Warranty Deed
—
Apr 28, 2017
$831,000
Hartline Trust
Jim Dandy Investment Co LLC
Grant Deed
—
Sep 1, 2006
$545,000
Jim Dandy Investment Co LLC
Paonia Cal LLC
Warranty Deed
$381,500 · Colorado National Bank
Dec 30, 2003
—
Paonia Cal LLC
Patterson Custom Homes INC
Quit Claim Deed
related
—
Nov 6, 2002
—
Patterson Custom Homes INC
—
Trustees Deed
related
$390,000 · Vectra Bank Colorado NA
—
—
Jim Dandy Investment Co LLC
—
Deed Of Trust
related
$512,000 · Canon National Bank
—
—
Jim Dandy Investment Co LLC
—
Deed Of Trust
related
$502,689 · Canon National 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.
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