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Property profile & analytics
OFF-MARKET
Medical Office Space
917 Colorado Ave Colorado Springs, CO 80905-1517
Entity Owned
8-yr Hold
Free & Clear
Property ID
US13-0047193
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1900
Construction
WOOD FRAME
Total area
2,573 SF
Lot
0.17 ac (7,500 SF)
Zoning code
C5 CU
APN
7413225005
UPID
US13-0047193
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
-
Athletic Therapeutic Massage Alternative Medicine Practice Spa & Massage Center
-
The Awakening Anahata Life Coach Massage Therapist
-
Raymond Welling Cert Rolfer Alternative Medicine Practice Spa & Massage Center
-
Transcendent Grief Integration Life Coach
-
Shear “Expressions “ Skin Care and more Hair Salon
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
Letendre Ents LLC · 8 yrs held
Letendre Ents LLC
since 2017
4 recorded transactions
Zoning & alternative use
C5 CU · 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
$2,497
Tax year 2023
Assessed value
$57,630
Assessed 2023
Previous assessed
$57,630
+0.0% YoY
Effective rate
4.33%
On assessed value
Assessed land
$10,790
Assessed improvement
$46,840
Land market value
$65,626
Improvement market value
$284,701
Total market value
$350,327
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1900
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
2
Units
1
Total area
2,573 SF
Lot
0.17 ac (7,500 SF)
Zoning code
C5 CU
APN
7413225005
UPID
US13-0047193
Jurisdiction
EL PASO
Zoning & alternative use
C5 CU · Colorado Springs, CO
Zoning C5 CU · permitted uses
C5 CU · 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
1900
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
2
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Letendre Ents LLC
Entity
Free & Clear · 8 yrs held
Mailing address
PO BOX 583, CASCADE, CO 80809-0583
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2017
—
Letendre Ents LLC
Letendre,mari D
Quit Claim Deed
related
—
Jul 28, 2017
—
Mari D Letendre
Letendre,gary V & Mari D
Quit Claim Deed
related
—
Mar 18, 2004
$213,000
Gary V Letendre
Leinweber LLC
Grant Deed
—
May 11, 1999
$165,000
Leinweber LLC
Brekke,kent A
Grant Deed
$250,000 · Money Store INC
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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