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Property profile & analytics
OFF-MARKET
Estimated value
$1,210,000
Distribution centers
825 Garner St Colorado Springs, CO 80905-1790
Entity Owned
28-yr Hold
Free & Clear
Property ID
US13-0599875
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2001
Construction
STEEL FRAME
Total area
6,300 SF
Lot
0.49 ac (21,383 SF)
Zoning code
C6
APN
7413315006
UPID
US13-0599875
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
-
Commercial Striping General Contractor
-
Concrete Coring Co General Contractor Construction Company
-
Colorado Springs Window Tint Interior Design Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.07M
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.21M
Owner & transaction history
Hainey Family LP · 28 yrs held
Hainey Family LP
since 1998
3 recorded transactions
Zoning & alternative use
C6 · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.7M
+62.0%
Auto repair, garage
$1.6M
+49.6%
Medical building
$1.5M
+46.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,155,000
6.5%
$1,070,000
7%
$990,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,035,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,680,000
Change: +62% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,550,000
Change: +50% · Conversion: Easy
MEDICAL BUILDING
$1,515,000
Change: +46% · Conversion: Difficult
OFFICE BUILDING
$1,345,000
Change: +30% · Conversion: Difficult
Blend value · Realmo final
$1.21M
Range $1.09M – $1.33M · ±10%
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
$192 / 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
$10,749
Tax year 2023
Assessed value
$204,550
Assessed 2023
Previous assessed
$204,550
+0.0% YoY
Effective rate
5.25%
On assessed value
Assessed land
$52,200
Assessed improvement
$152,350
Land market value
$187,101
Improvement market value
$546,046
Total market value
$733,147
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2001
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Total area
6,300 SF
Lot
0.49 ac (21,383 SF)
Zoning code
C6
APN
7413315006
UPID
US13-0599875
Jurisdiction
EL PASO
Zoning & alternative use
C6 · Colorado Springs, CO
Zoning 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
Colorado Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.3M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Hainey Family LP
Entity
Free & Clear · 28 yrs held
Mailing address
8537 FLYING B WAY APT #2503, HIGHLANDS RANCH, CO 80129-2954
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 1998
$85,000
Hainey Family LP
Cosmark INC
Grant Deed
—
—
—
Hainey Family
—
Deed Of Trust
related
$200,000 · Colorado Business Bank NA
—
—
Hainey Family LP
—
Deed Of Trust
related
$1,000,000 · Wells Fargo 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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