Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    7350 Pikeview Quarry Rd Colorado Springs, CO 80919
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7350 Pikeview Quarry Rd Colorado Springs, CO 80919

    View on Map
    • Warehouses
    • 4,800 SF
    • 90.00 lot acres
    Off-Market
    Property ID
    US13-1543712
    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
    $605,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 7350 Pikeview Quarry Rd

    Year built
    1980
    Construction
    STEEL FRAME
    Lot size
    90.00 lot acres
    Property size
    4,800 SF
    Zone code
    A-5
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    7300000154
    APU
    7300000154

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $760,000
      6.5%
      $700,000
      7%
      $650,000

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $790,000
      Current use
      OFFICE BUILDING
      $845,000
      Change: +7% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.891
    Latitude
    38.9346
    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
    $0.00
    $63,330
    $185,910
    $249,240
    -
    $227,000
    $666,329
    $893,329

    Comparable in this City

    • Value Estimation by Request
      2,322 SF

      2906 Blodgett Dr

      MINI-WAREHOUSE, STORAGE • 2,322 SF
      2906 Blodgett Dr, Colorado Springs, CO 80919
      View Details
    • Value Estimation by Request
      625 SF

      5536 Tech Ctr Dr

      MINI-WAREHOUSE, STORAGE • 625 SF
      5536 Tech Ctr Dr, Colorado Springs, CO 80919-2308
      View Details
    • Value Estimation by Request
      625 SF

      Commerce Ctr Dr

      MINI-WAREHOUSE, STORAGE • 625 SF
      Commerce Ctr Dr, Colorado Springs, CO 80919
      View Details
    • Value Estimation
      $1,115,000
      12,000 SF

      4879 30th St

      MINI-WAREHOUSE, STORAGE • 12,000 SF
      4879 30th St, Colorado Springs, CO 80919
      View Details
    • Value Estimation
      $895,000
      51,200 SF

      6015 Mark Dabling Blvd

      MINI-WAREHOUSE, STORAGE • 51,200 SF
      6015 Mark Dabling Blvd, Colorado Springs, CO 80919
      View Details
    • Value Estimation
      $1,535,000
      11,850 SF

      5055 Centennial Blvd

      MINI-WAREHOUSE, STORAGE • 11,850 SF
      5055 Centennial Blvd, Colorado Springs, CO 80919-2401
      View Details

    Similar Nearby for Sale

    • $5,900,000
      42,759 SF

      Industrial Campus with High-Power Capacity

      Industrial facility in high-demand corridor suitable for various operations.
      4975 N 30Th St, Colorado Springs, CO 80919
      View Details
    • $1,985,000

      Free Standing Warehouse For Sale

      Warehouse/Storage building with great access in Colorado Springs.
      4925 List Dr, Colorado Springs, CO 80919
      View Details
    • Contact for pricing
      22,684 SF

      Colorado Springs Flex/Industrial Property

      Flex/Industrial property available for sale in Colorado Springs, CO.
      5415 Mark Dabling Blvd, Colorado Springs, CO 80919
      View Details
    • $5,900,000
      42,759 SF

      High-Power Industrial Facilities Campus

      Industrial campus with heavy power, ideal for manufacturing or distribution.
      4975 N 30Th St, Colorado Springs, CO 80919
      View Details
    • $1,969,231

      Colorado Springs Warehouse For Sale

      Warehouse with leaseback opportunity and yard in Colorado Springs.
      5055 List Dr, Colorado Springs, CO 80919
      View Details
    • $4,100,000

      Colorado Springs Warehouse For Sale

      30,400 SF fully leased warehouse in Colorado Springs.
      5045 List Dr, Colorado Springs, CO 80919
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      West Side Flex Space Available

      4,015 SF office/warehouse flex space, move-in ready.
      5072 List Dr, Colorado Springs, CO 80919
      View Details
    • Contact for pricing
      5,523 SF

      Colorado Springs Warehouse Space Available

      4,137 SF warehouse space for lease in Colorado Springs.
      4815 List Dr, Colorado Springs, CO 80919
      View Details
    • $11 SF/Yr
      4,015 SF

      West Side Flex Space Available

      Move-in ready office/warehouse flex space for lease.
      5070-5090 List Dr, Colorado Springs, CO 80919
      View Details
    • Contact for pricing

      Centennial Boulevard Flex Space

      Flex space available for lease on Centennial Boulevard.
      4870 Centennial Blvd, Colorado Springs, CO 80919
      View Details
    • $12 SF/Yr
      4,050 SF

      Centennial Blvd Flex/Industrial Space

      50,470 SF flex/industrial building with 18' clear height.
      4870 Centennial Blvd, Colorado Springs, CO 80919
      View Details
    • Sponsored
      Contact for pricing

      Delmonico Drive

      Discover many ways to work your way in Delmonico Drive
      5825 Delmonico Dr, Colorado Springs, CO 80919
      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.
    7350 Pikeview Quarry Rd
    Colorado Springs, CO 80919
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!