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Property profile & analytics
FOR LEASE
Medical Office Space
6011 E Woodmen Rd Colorado Springs, CO 80923
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-0512022
For Lease
$19,460,000
6011 E Woodmen Rd, Colorado Springs, CO 80923
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Construction
STEEL FRAME
Total area
116,367 SF
APN
5307003007
UPID
US13-0512022
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
-
Rocky Mountain Pediatric Ent Associates - Colorado Springs Medical Clinic
-
Your Family Medical Home Medical Clinic
-
St. Francis Medical Center Outpatient Rehabilitation Medical Clinic
-
PENRAD Imaging at Sisters Grove Pavilion Medical Clinic
-
Penrose-Francis Sleep Disorders Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$20.16M
Comparable Approach
Comparable
$18.21M
Blend (final)
Blend
$19.46M
Owner & transaction history
St Francis Land Co LLC · 17 yrs held
St Francis Land Co LLC
since 2009
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$31.0M
+10.8%
Auto repair, garage
$28.6M
+2.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$21,840,000
6.5%
$20,160,000
7%
$18,720,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$27,990,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$31,015,000
Change: +11% · Conversion: Difficult
AUTO REPAIR, GARAGE
$28,645,000
Change: +2% · Conversion: Difficult
OFFICE BUILDING
$24,850,000
Change: -11% · Conversion: Easy
RETAIL STORES
$24,450,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$19.46M
Range $17.51M – $21.41M · ±10%
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
$167 / 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
$518,375
Tax year 2023
Assessed value
$8,605,400
Assessed 2023
Previous assessed
$8,605,400
+0.0% YoY
Effective rate
6.02%
On assessed value
Assessed improvement
$8,605,400
Improvement market value
$30,843,718
Total market value
$30,843,718
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
2007
Construction
STEEL FRAME
Heating
HOT WATER
Stories
4
Total area
116,367 SF
APN
5307003007
UPID
US13-0512022
Jurisdiction
EL PASO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$28.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$31.0M
AUTO REPAIR, GARAGE
Est. value
$28.6M
OFFICE BUILDING
Est. value
$24.9M
RETAIL STORES
Est. value
$24.5M
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
2007
Construction
STEEL FRAME
Heating
HOT WATER
Stories
4
Current owner
From public records · entity-resolved
St Francis Land Co LLC
Entity
Mailing address
5390 N ACADEMY BLVD STE #300, COLORADO SPRINGS, CO 80918-4065
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
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
Nov 8, 2019
—
Powers Grove Properties LLC
—
Grant Deed
related
$13,416,000 · Ent Cu
Apr 3, 2009
$30,469,704
St Francis Land Co LLC
Catholic Health Initiatives
Grant Deed
$27,422,734 · Catholic Health Initiatives Co
—
—
St Francis Land Co LLC
—
Deed Of Trust
related
$26,100,000 · Bmo Harris Bk NA
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?”
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