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Property profile & analytics
FOR SALE
Retail space
6385 N Academy Blvd Colorado Springs, CO 80918
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US13-0362422
$1,485,000
6385 N Academy Blvd, Colorado Springs, CO 80918
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Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Construction
WOOD FRAME
Total area
6,424 SF
Lot
1.1 ac (47,916 SF)
Zoning code
PBC
APN
6316208016
UPID
US13-0362422
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
-
Triple S Mobile foods & Catering LLC Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$482k
Blend (final)
Blend
$790k
Owner & transaction history
Jack Jargowsky · 12 yrs held
Jack Jargowsky
since 2014
7 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,215,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$123 / 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
$14,122
Tax year 2023
Assessed value
$262,320
Assessed 2023
Previous assessed
$262,320
+0.0% YoY
Effective rate
5.38%
On assessed value
Assessed land
$183,150
Assessed improvement
$79,170
Land market value
$656,449
Improvement market value
$283,758
Total market value
$940,207
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1986
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
6,424 SF
Lot
1.1 ac (47,916 SF)
Zoning code
PBC
APN
6316208016
UPID
US13-0362422
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.2M
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
1986
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Jack Jargowsky
Individual
Mailing address
4810 POLO CT, PUEBLO, CO 81001-1071
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2017
—
Jack R Jargowsky
—
Deed
related
$750,000 · Pueblo Bk&tr
Aug 26, 2014
—
Top Land Investment LLC
—
Grant Deed
related
$1,475,000 · Pueblo Bk&tr
Jan 2, 2014
$480,000
Jack Jargowsky
Legacy Bk
Grant Deed
—
Jan 2, 2014
—
Jack R Jargowsky
Jack Jargowsky
Intrafamily Transfer
related
—
Aug 30, 2013
—
Bk Legacy
Deputy Public Te Of El Paso Cnty
Trustees Deed
related
—
Aug 8, 2013
$569,288
6385 N Academy LLC
Deputy Public Te Of El Paso Cnty
Certificate Of Purchase
related
$700,000
Nov 30, 1998
—
6385 N Academy LLC
Colorado Mgp INC
Quit Claim Deed
related
—
Aug 13, 1998
$805,000
Colorado Mgp INC
Roberts,bob D
Grant Deed
$653,398 · First Interstate Bank Colorado
—
—
6385 N Academy LLC
—
Deed Of Trust
related
$364,000 · Pikes Peak Regional Dev Corp
—
—
6385 N Academy LLC
—
Deed Of Trust
related
$100,000 · First Interstate Bank
—
—
Jack R Jargowsky
—
Deed Of Trust
related
$750,000 · Pueblo Bk&tr
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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