Financial
Distress signals
Property profile

620 W Vermijo Ave Colorado Springs, CO 80905

FOR LEASE
Warehouses
Property ID
US13-0468270
9,609 SF 0.27 ac lot Built 1995
Last sale Apr 2026 · $150,150
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 9,600-square-foot industrial warehouse, located at 620 W Vermijo Ave in Colorado Springs, Colorado, presents a compelling investment opportunity. Built in 1995, this single-story building sits on an 11,557-square-foot lot and is zoned GI (General Industrial), offering versatility for a range of uses. The warehouse boasts impressive features including a ceiling height ranging from 14 to 20 feet, providing ample storage and operational space. Loading and unloading are

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$209k
Assessed land$12k
Assessed improvement$197k
Effective rate5.34%

Value estimate

· Sep 2026
$315k
$284k – $347k
CAP approach$1.40M
Submarket $/SF estimate$1.24M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$164/SF
Submarket average, outlier-cleaned · 279 recorded sales of this use type
Observed band · Q1–Q3$120 – $251
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M2
JurisdictionEL PASO

Location intelligence

Which uses thrive at this corner?
Best fit: Dry Cleaner
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dry Cleaner9.6
Laundry Service9.3
Shoe Repair8.7

Location

620 W Vermijo Ave Colorado Springs, CO 80905
County assessor Recorded deeds · 7 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1725 Nevada, Colorado Springs, CO 80905-2223 $1,020,000 Jul 2022 7,797 SF
2317 Rand, Colorado Springs, CO 80905-2847 $490,000 Jun 2022 3,750 SF
1410 Dustry, Colorado Springs, CO 80905-2840 $1,099,000 Oct 2021 3,690 SF
740 8th, Colorado Springs, CO 80905-1812 $1,770,000 Mar 2021 11,400 SF
1431 Pando, Colorado Springs, CO 80905-2845 $585,000 Feb 2019 4,100 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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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