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Property profile & analytics
OFF-MARKET
Banks
7808 Academy Blvd Colorado Springs, CO 80920-3920
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-0339978
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2021
Construction
WOOD FRAME
Total area
4,374 SF
Lot
0.99 ac (43,001 SF)
Zoning code
C5 P
APN
6305403006
UPID
US13-0339978
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
-
Plaza At Chapel Hills Shopping Center & Mall
-
Bank of America ATM (Drive-thru) Atm Financial Consultant
-
Bank of America (with Drive-thru ATM) Bank Loan Service
-
Mortgage, Bank of America Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Alex D Hudson III RT · 2 yrs held
Alex D Hudson III RT
since 2024
Last sale
$3.4M
7 recorded transactions
Zoning & alternative use
C5 P · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$40,798
Tax year 2023
Assessed value
$650,730
Assessed 2023
Previous assessed
$650,730
+0.0% YoY
Effective rate
6.27%
On assessed value
Assessed land
$273,540
Assessed improvement
$377,190
Land market value
$980,423
Improvement market value
$1,351,945
Total market value
$2,332,368
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2021
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
4,374 SF
Lot
0.99 ac (43,001 SF)
Zoning code
C5 P
APN
6305403006
UPID
US13-0339978
Jurisdiction
EL PASO
Zoning & alternative use
C5 P · Colorado Springs, COZoning C5 P · permitted uses
C5 P · 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
2021
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.99 ac
Current owner
From public records · entity-resolved
Alex D Hudson III RT
Individual
Mailing address
PO BOX 32547, CHARLOTTE, NC 28232-2547
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2024
$3,437,500
Alex D Hudson III RT
Cdg Academy & Briargate LLC
Special Warranty Deed
$208,000 · Independent Bank
Dec 10, 2021
—
Bank Of America National Associatio
Cdg Academy & Briargate LLC
Lease
—
Feb 26, 2021
—
Cdg Academy & Briargate LLC
—
Deed
related
$2,040,000 · Independent Bank
Dec 18, 2020
—
Cdg Academy Briargate LLC
—
Deed
related
$2,113,884 · First Fidelity Bk
Nov 18, 2019
$1,700,000
Cdg Academy & Briargate LLC
Grm Family Lllp
Warranty Deed
$1,572,500 · First Fidelity Bank
Jan 7, 2016
—
Grm Family Lllp
Miller,glen R & Elizabeth A
Quit Claim Deed
—
Jan 3, 2012
$1,125,000
Glen R Miller
7808 N Academy Blvd LLC
Warranty Deed
—
Jun 25, 1999
$900,000
7808 N Academy Blvd LLC
Stapleton & Boyle Properties
Grant Deed
—
—
—
Cdg Academy Briargate LLC
—
Loan Modification
related
$2,113,884 · First Fidelity Bk
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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