Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6090 Stetson Hls Blvd Colorado Springs, CO 80923-3562
    Back to Search
    Property profile & analytics

    6090 Stetson Hls Blvd, Colorado Springs, CO 80923-3562

    View on Map
    • Drive through restaurants
    • 2,392 SF
    • 0.83 lot acres
    Off-Market
    Property ID
    US13-2846699
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 6090 Stetson Hls Blvd

    Year built
    2003
    Construction
    WOOD FRAME
    Lot size
    0.83 lot acres
    Zone code
    PBC AO
    Property type
    Drive through restaurants
    APN
    5319217002
    APU
    5319217002

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 28, 2004 — Mjh Real Estate Holdings LLC Hafemeister,james A & Marcia W Warranty Deed · related —
    Oct 14, 2003 $475,000 James A Hafemeister Ridgeview Development LLC Grant Deed $1M · Wachovia Commercial Mortgage

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.716
    Latitude
    38.911
    CBSA code
    17820
    CBSA name
    COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $16,432
    $232,920
    $47,960
    $280,880
    -
    $834,834
    $171,894
    $1,006,728

    Comparable in this City

    • Value Estimation
      $2,275,000
      1,657 SF

      5980 Dublin Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD
      5980 Dublin Blvd, Colorado Springs, CO 80923-7488
      View Details
    • Value Estimation by Request
      1,602 SF

      5250 New Car Dr

      DRIVE-THRU RESTAURANT, FAST FOOD
      5250 New Car Dr, Colorado Springs, CO 80923-8847
      View Details
    • Value Estimation by Request
      873 SF

      6405 Source Ctr Pt

      DRIVE-THRU RESTAURANT, FAST FOOD
      6405 Source Ctr Pt, Colorado Springs, CO 80923-7657
      View Details
    • Value Estimation by Request
      2,114 SF

      6425 Source Ctr Pt

      DRIVE-THRU RESTAURANT, FAST FOOD
      6425 Source Ctr Pt, Colorado Springs, CO 80923-7657
      View Details
    • Value Estimation
      $520,000
      3,315 SF

      5870 Stetson Hls Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD
      5870 Stetson Hls Blvd, Colorado Springs, CO 80923-3595
      View Details
    • Value Estimation by Request
      2,612 SF

      5850 Tutt Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD
      5850 Tutt Blvd, Colorado Springs, CO 80923-3587
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,000 SF

      Retail Gem: Ridgeview Marketplace

      Premier retail center anchored by King Soopers in thriving Colorado Springs.
      5910 Stetson Hills Blvd, Colorado Springs, CO 80923
      View Details
    • Contact for pricing

      Grocery Anchored Center with Pads

      Safeway anchored shopping center with pad sites for sale.
      6905 Austin Bluffs Pkwy, Colorado Springs, CO 80923
      View Details
    • Contact for pricing
      8,600 SF

      Colorado Springs Retail For Sale

      Retail property with 8,600 SF available in Colorado Springs.
      5985 Dublin Blvd, Colorado Springs, CO 80923
      View Details
    • $1,000,000
      0.62 Acres

      Dublin Crossing: Prime Retail Pad Site

      High-traffic retail land, Colorado Springs.
      0 Vickie Ln & Templeton Gap Rd, Colorado Springs, CO 80923
      View Details
    • $844,000
      1.06 Acres

      Prime Land Parcel on Woodmen

      1.06 acre parcel with high visibility on Woodmen Rd.
      7740 Adventure Way, Colorado Springs, CO 80923
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,600 SF

      High-End Office Space Available

      Turnkey 2,600 SF office space in premier retail center.
      7636-7676 Dublin Blvd, Colorado Springs, CO 80923
      View Details
    • Contact for pricing
      1,233 SF

      Retail Center Near King Soopers

      22,759 SF shopping center at high-traffic intersection.
      6042-6058 Stetson Hills Blvd, Colorado Springs, CO 80923
      View Details
    • Contact for pricing
      5,077 SF

      Retail Space in Colorado Springs

      Retail space available in a high-traffic Colorado Springs location.
      5820 Stetson Hills Blvd, Colorado Springs, CO 80923
      View Details
    • Contact for pricing
      15,828 SF

      Office Space for Lease

      15,828 SF office space available immediately for lease.
      4050 Lee Vance Dr, Colorado Springs, CO 80923
      View Details
    • Contact for pricing
      3,062 SF

      Medical Office Space Available

      Medical office space for rent near Penrose-St. Francis Medical Center.
      6051-6071 E Woodmen Rd, Colorado Springs, CO 80923
      View Details
    • Contact for pricing
      3,948 SF

      Medical Office Attached to Hospital

      Medical office space attached to St. Francis Hospital.
      6011 E Woodmen Rd, Colorado Springs, CO 80923
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6090 Stetson Hls Blvd
    Colorado Springs, CO 80923-3562
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6090 Stetson Hls Blvd, Colorado Springs, CO, 80923
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!