6645 Delmonico Dr Colorado Springs, CO 80919-6800
Entity Owned
~
Est. High Equity
Estimated value (blended)
$375k
Range $338k – $413k (±10%)
Property ID
US13-0320500
Property summary
AI-generated overview
This exceptional executive office space, totaling 1,503 square feet, is ideally located at the corner of Rockrimmon Boulevard and Delmonico Drive in El Paso County. The property boasts impressive mountain views and excellent signage opportunities, ensuring high visibility for your business. The suite itself is well-appointed and includes a welcoming reception area, five private offices perfect for individual work or team collaboration, a dedicated conference room for meetings and presentations, a convenient kitchen/copy room, and ample storage in a separate closet. The building offers convenient onsite parking for tenants and clients. The total building size is 5,232 square feet, situated on a 0.34-acre lot. Currently, 1,115 square feet of space is available for lease within the building, offering flexibility for businesses of various sizes. The property is offered on a multiple tenancy basis. Net, Net, Net (NNN) expenses are estimated at $3.85 per square foot. This location provides an excellent opportunity for businesses seeking a professional and well-maintained office space with high visibility and convenient amenities. The property's prime location and attractive features make it an ideal choice for businesses seeking to establish a strong presence in the area.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Construction
WOOD FRAME
Total area
5,232 SF
Lot
0.34 ac (14,986 SF)
Zoning code
OR UV HS
APN
6307306064
UPID
US13-0320500
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Real Estate Agency
-
Physician
-
Home Health Care Service Home Help
-
Community Center
-
Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$845k
Comparable Approach
Comparable
$436k
Blend (final)
Blend
$375k
Owner & transaction history
since 2025
7 recorded transactions
Zoning & alternative use
OR UV HS · Colorado Springs, CO
Top alternative use upside
Retail stores
$1.1M
+19.3%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$375k
Value range
$338k – $413k
±10% around blend
Estimated value / SF
$72 / SF
Confidence
High
6 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
60
$338k
blend $375k
$413k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,232 SF
Lot area
0.34 ac
Year built
1999
Stories
2
APN
6307306064
Assessed value
$239,320
Annual tax
$14,454
3
Income approach: direct capitalization
Partial preview
Income approach indication
$845k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$915k
@ 6.5% CAP return
$845k
@ 7% CAP return
$785k
4
Sales comparison
Partial preview
Sales approach indication
$1.13M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.6 mi away · 6,383 SF
3.7 mi away · 3,903 SF
5.6 mi away · 4,714 SF
5.9 mi away · 5,304 SF
7.0 mi away · 4,500 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$375k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 20 sales
$176
-59%
Submarket 352 sales
$214
-66%
County 374 sales
$217
-67%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $72/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+19%
vs current-use indication
Office Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$239k
Move the market yield to see immediate price impact.
Value / SF
$46
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$15k
$302k
$215k
$168k
$17k
$335k
$239k
$186k
$18k
$369k
$263k
$205k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$1.41M
2.4 mi · Sep 2025 · $277/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,454
Tax year 2023
Assessed value
$239,320
Assessed 2023
Previous assessed
$239,320
+0.0% YoY
Effective rate
6.04%
On assessed value
Assessed land
$30,310
Assessed improvement
$209,010
Land market value
$108,649
Improvement market value
$749,130
Total market value
$857,779
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1999
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Total area
5,232 SF
Lot
0.34 ac (14,986 SF)
Zoning code
OR UV HS
APN
6307306064
UPID
US13-0320500
Jurisdiction
EL PASO
Zoning & alternative use
OR UV HS · Colorado Springs, COZoning OR UV HS · permitted uses
OR UV HS · Colorado Springs, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
2
Lot
0.34 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
OR UV HS
Jurisdiction
Colorado Springs, CO
Recorded code
OR UV HS
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OR UV HS in Colorado Springs, CO.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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