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Property profile & analytics
OFF-MARKET
Estimated value
$4,045,000
Outlet malls
6011 Rangewood Dr Colorado Springs, CO 80918-7301
Individually Owned
5-yr Hold
Free & Clear
Property ID
US13-0345746
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,000 SF
Lot
3.37 ac (146,797 SF)
Zoning code
C5/CR P AO
APN
6314113002
UPID
US13-0345746
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
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Walgreens Pharmacy Pharmacy
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
LibertyX Bitcoin ATM Atm
-
FedEx OnSite Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.95M
CAP Approach
CAP
$2.93M
Comparable Approach
Comparable
$3.02M
Blend (final)
Blend
$4.05M
Owner & transaction history
Century Pacific Housing Partne · 5 yrs held
Century Pacific Housing Partne
since 2020
Last sale
$4.2M
3 recorded transactions
Zoning & alternative use
C5/CR P AO · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.6M
+108.3%
Apartment house (5+ units)
$6.1M
+94.2%
Commercial (general)
$5.8M
+83.1%
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
$4,990,000
ML approach
$4,945,000
CAP Approach
CAP Return
Estimation
6%
$3,170,000
6.5%
$2,925,000
7%
$2,715,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,150,000
Current use
RESTAURANT
$6,565,000
Change: +108% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$6,120,000
Change: +94% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,770,000
Change: +83% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,000,000
Change: +27% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,690,000
Change: +17% · Conversion: Difficult
MEDICAL BUILDING
$3,610,000
Change: +14% · Conversion: Difficult
OFFICE BUILDING
$2,835,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$4.05M
Range $3.64M – $4.45M · ±10% · vs last sale $4.20M (Sep 15 2020)
Last sale anchor
$4.20M
Sep 15 2020
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
$270 / 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
$41,421
Tax year 2023
Assessed value
$713,720
Assessed 2023
Previous assessed
$713,720
+0.0% YoY
Effective rate
5.80%
On assessed value
Assessed land
$516,050
Assessed improvement
$197,670
Land market value
$1,849,642
Improvement market value
$708,488
Total market value
$2,558,130
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
15,000 SF
Lot
3.37 ac (146,797 SF)
Zoning code
C5/CR P AO
APN
6314113002
UPID
US13-0345746
Jurisdiction
EL PASO
Zoning & alternative use
C5/CR P AO · Colorado Springs, CO
Zoning C5/CR P AO · permitted uses
C5/CR P 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
RETAIL STORES Current
Est. value
$3.2M
RESTAURANT
Est. value
$6.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.1M
COMMERCIAL (GENERAL)
Est. value
$5.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.0M
AUTO REPAIR, GARAGE
Est. value
$3.7M
MEDICAL BUILDING
Est. value
$3.6M
OFFICE BUILDING
Est. value
$2.8M
RETAIL STORES Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
3.37 ac
Current owner
From public records · entity-resolved
Century Pacific Housing Partne
Individual
Free & Clear · 5 yrs held
Mailing address
PO BOX 1159, DEERFIELD, IL 60015-6002
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2020
$4,200,000
Century Pacific Housing Partne
Idaho Northern
Grant Deed
—
Oct 30, 2002
$3,565,000
Idaho Northern
Tenth St Venture LLC
Grant Deed
—
Jan 16, 2001
$3,500,000
Tenth Street Venture LLC
Anxon INC
Grant Deed
—
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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