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Property profile & analytics
OFF-MARKET
Individual retail properties
609 Cir Dr Colorado Springs, CO 80910-2322
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US13-0711901
Property summary
AI-generated overview
This exceptional 4,280 square foot retail building, situated on a substantial 30.695-acre lot in Colorado Springs, CO (zip code 80910), presents a unique investment opportunity. Conveniently located off South Circle Drive and Airport Road, directly behind Valley High Golf Course, this property boasts high traffic counts ensuring excellent visibility and exposure for your business. Currently featuring one tenant with a lease extending to December 31, 2025, the building offers flexibility for various configurations to suit the needs of a new owner. Its prime location, adjacent to a restaurant and strip center, provides an ideal environment for business establishment and growth. The property is zoned PBC, making it suitable for a range of retail or office uses. This is a rare chance to acquire a well-positioned commercial property with significant potential for expansion and profitability. The building's size and location make it an attractive option for owner-users seeking to establish or expand their business in a high-traffic area.
Property profile
Verified
Property type
Individual retail properties
Use group
BARBER, HAIR SALON
Year built
1971
Construction
WOOD FRAME
Total area
4,280 SF
Lot
0.7 ac (30,695 SF)
Zoning code
PBC
APN
6421119008
UPID
US13-0711901
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
-
Tacos El Paisa Food Truck and Catering Restaurant
-
RD Mill Abatement Contractor LLC. General Contractor
-
De Pelos Locos Beauty Salon & Barbershop Hair Salon Nail Salon
-
Nutrition Shack Pharmacy (Bike/Boat/Book/etc) Store
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
Powers Promenade LLC · 6 yrs held
Powers Promenade LLC
since 2019
Last sale
$550,000
3 recorded transactions
Zoning & alternative use
PBC · 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
Tax billed
$11,117
Tax year 2023
Assessed value
$205,250
Assessed 2023
Previous assessed
$205,250
+0.0% YoY
Effective rate
5.42%
On assessed value
Assessed land
$41,960
Assessed improvement
$163,290
Land market value
$150,406
Improvement market value
$585,252
Total market value
$735,658
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
Individual retail properties
Use group
BARBER, HAIR SALON
Status
Off-Market
Year built
1971
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
4,280 SF
Lot
0.7 ac (30,695 SF)
Zoning code
PBC
APN
6421119008
UPID
US13-0711901
Jurisdiction
EL PASO
Zoning & alternative use
PBC · Colorado Springs, CO
Zoning PBC · permitted uses
PBC · 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.
Building & site characteristics
From public records
Year built
1971
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Powers Promenade LLC
Entity
Mailing address
PO BOX 62972, COLORADO SPRINGS, CO 80962-2972
Ownership since
2019
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 1, 2019
$520,000
Powers Promenade LLC
Alberto Rocha
Warranty Deed
$390,000 · Firstbank
Sep 23, 2015
$135,000
Alberto Rocha
Connecticut Colorado Lots 2 3
Grant Deed
—
Oct 29, 2004
—
Colorado Lots 2 Connecticut
Connecticut Colorado Ptshp I
Quit Claim Deed
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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