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Property profile & analytics
OFF-MARKET
Estimated value
$280,000
Warehouses
729 Costilla St Colorado Springs, CO 80903-3768
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-0347700
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,232 SF
Lot
0.44 ac (19,000 SF)
Zoning code
C6
APN
6417312007
UPID
US13-0347700
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
-
Shaka Strength Fitness Gym & Fitness Center
-
S & L Roofing Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$280k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$280k
Owner & transaction history
Costilla Ventures LLC · 2 yrs held
Costilla Ventures LLC
since 2024
Last sale
$280,000
7 recorded transactions
Zoning & alternative use
C6 · 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
$280,000
ML approach
$280,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$280k
Range $252k – $308k · ±10% · vs last sale $280k (Feb 1 2024)
Last sale anchor
$280k
Feb 1 2024
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
$125 / 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
$4,284
Tax year 2023
Assessed value
$86,560
Assessed 2023
Previous assessed
$86,560
+0.0% YoY
Effective rate
4.95%
On assessed value
Assessed land
$37,640
Assessed improvement
$48,920
Land market value
$134,900
Improvement market value
$175,328
Total market value
$310,228
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
2,232 SF
Lot
0.44 ac (19,000 SF)
Zoning code
C6
APN
6417312007
UPID
US13-0347700
Jurisdiction
EL PASO
Zoning & alternative use
C6 · Colorado Springs, COZoning C6 · permitted uses
C6 · Colorado Springs, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
Costilla Ventures LLC
Entity
Mailing address
3325 CLUBVIEW TER, COLORADO SPRINGS, CO 80906-4479
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2024
$280,000
Costilla Ventures LLC
9 Properties LLC
Warranty Deed
$445,000 · The Stockmens Bank
Apr 28, 2022
$280,000
9 Properties LLC
Beach Associates LLC
Warranty Deed
—
May 2, 2019
—
Beach Associates LLC
—
Deed
related
—
Apr 7, 2014
$155,000
Beach Associates LLC
Jpmorgan Chase Bank NA
Special Warranty Deed
$113,361 · 5star Bank
Jun 26, 2012
—
Jp Morgan Chase Bk
Deputy Public Te Of El Paso Cnty
Trustees Deed
related
—
Jun 7, 2012
$126,235
Scott Longfellow
Deputy Public Te Of El Paso Cnty
Certificate Of Purchase
$230,000
Apr 11, 2001
—
Scott Longfellow
—
Trustees Deed
related
$210,730 · Cheyenne Mountain Bank
Jun 25, 1999
$67,500
Scott Longfellow
Doston,jessie M
Grant Deed
—
—
—
Beach Associates LLC
—
Loan Modification
related
—
—
—
Scott Longfellow
—
Deed Of Trust
related
$300,000 · Cheyenne Mountain Bank
—
—
Scott Longfellow
—
Deed Of Trust
related
$230,000 · Bank One NA
—
—
Robert S Longfellow
—
Deed Of Trust
related
$300,000 · Cheyenne Mountain Bank
—
—
Scott Longfellow
—
Deed Of Trust
related
$350,000 · Legacy Bank
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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