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Property profile & analytics
OFF-MARKET
Estimated value
$16,085,000
Community centers
801 Academy Blvd 975 Colorado Springs, CO 80909-8307
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-1207765
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
136,726 SF
Lot
16.62 ac (723,967 SF)
Zoning code
PBC P AO
APN
6411302062
UPID
US13-1207765
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
-
King Buffet Restaurant Buffet
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.09M
Owner & transaction history
Burlington Coat Factory Warehouse C · 2 yrs held
Burlington Coat Factory Warehouse C
since 2024
6 recorded transactions
Zoning & alternative use
PBC P AO · 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
$118 / 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
$143,610
Tax year 2023
Assessed value
$2,629,530
Assessed 2023
Previous assessed
$2,629,530
+0.0% YoY
Effective rate
5.46%
On assessed value
Assessed land
$959,440
Assessed improvement
$1,670,090
Land market value
$3,438,843
Improvement market value
$5,985,963
Total market value
$9,424,806
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
7
Stories
1
Total area
136,726 SF
Lot
16.62 ac (723,967 SF)
Zoning code
PBC P AO
APN
6411302062
UPID
US13-1207765
Jurisdiction
EL PASO
Zoning & alternative use
PBC P AO · Colorado Springs, CO
Zoning PBC P AO · permitted uses
PBC P AO · 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.
Building & site characteristics
From public records
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
7
Lot
16.62 ac
Current owner
From public records · entity-resolved
Burlington Coat Factory Warehouse C
Individual
Mailing address
1830 N RTE 130, BURLINGTON, NJ 08016-3017
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2024
—
Citadel Crossing Associates LLC
—
Deed
related
$41,000,000 · Citi Real Estate Funding INC
Jan 22, 2024
—
Burlington Coat Factory Warehouse C
Citadel Crossing Associates LLC
Lease
—
Apr 21, 2020
—
Citadel Crossing Assocs LLC
—
Deed
related
$16,000,000 · Revere Credit Opportunities Fu
Mar 31, 2015
—
Citadel Crossing Assocs LLC
Citadel Crossing Associates
Quit Claim Deed
related
$29,890,000 · Colfin Citadel Funding LLC
—
—
Citadel Crossing Associates
—
Deed Of Trust
related
$35,500,000 · Nrfc Wf Loan LLC
—
—
Citadel Crossing Assocs LLC
—
Deed Of Trust
related
$16,000,000 · Revere Credit Opportunities Fu
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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