Back to Search
Property profile & analytics
FOR LEASE
Strip malls
9420 Briar Village Pt Colorado Springs, CO 80920
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US13-0345736
For Lease
1 / 3
$23 SF/Yr
9420 Briar Village Pt, Colorado Springs, CO 80920
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2001
Construction
WOOD FRAME
Total area
15,699 SF
Lot
1.31 ac (57,064 SF)
Zoning code
PBC
APN
6233111006
UPID
US13-0345736
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
-
Urban Egg a daytime eatery Restaurant Cafe & Coffee Shop
-
Marco's Pizza Restaurant
-
Kumon Math and Reading Center of Colorado Springs - Briargate Tutoring Service
-
Kim Matthew Medical Clinic Alternative Medicine Practice
-
The Golf Clinic at TRUhealthDR Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.35M
Owner & transaction history
Goodman Pine Creek LLC · 9 yrs held
Goodman Pine Creek LLC
since 2016
7 recorded transactions
Zoning & alternative use
PBC · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,865,000
Change: -8% · Conversion: Difficult
MEDICAL BUILDING
$3,775,000
Change: -10% · Conversion: Difficult
OFFICE BUILDING
$3,680,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$2.35M
Range $2.11M – $2.58M · ±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
$149 / 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
$61,476
Tax year 2023
Assessed value
$990,620
Assessed 2023
Previous assessed
$990,620
+0.0% YoY
Effective rate
6.21%
On assessed value
Assessed land
$238,010
Assessed improvement
$752,610
Land market value
$853,092
Improvement market value
$2,697,541
Total market value
$3,550,633
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2001
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Total area
15,699 SF
Lot
1.31 ac (57,064 SF)
Zoning code
PBC
APN
6233111006
UPID
US13-0345736
Jurisdiction
EL PASO
Zoning & alternative use
PBC · Colorado Springs, CO
Zoning PBC · permitted uses
PBC · 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
AUTO REPAIR, GARAGE
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$3.8M
OFFICE BUILDING
Est. value
$3.7M
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
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
2
Lot
1.31 ac
Current owner
From public records · entity-resolved
Goodman Pine Creek LLC
Entity
Mailing address
100 SUN AVE NE STE #210, ALBUQUERQUE, NM 87109-4675
Ownership since
2016
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
Dec 21, 2016
$13,500,000
Goodman Pine Creek LLC
Pine Creek Retail LLC
Trustees Deed
related
$9,862,500 · Bank Of America
Dec 30, 2013
—
Pine Creek Retail LLC
Villager Sq Strip Retail LLC
Grant Deed
$9,225,000 · Bank Of America
Apr 27, 2012
—
Villager Sq Strip Retail LLC
Eat-1105 LLC
Grant Deed
related
—
Jan 17, 2012
—
Eat-1105 LLC
Jpmcc 2006-ldp7 Pine Creek Vil
Quit Claim Deed
related
—
Nov 2, 2011
$9,025,000
Eat-1105 LLC
Jpmcc 2006-ldp7 Pine Creek Vil
Grant Deed
$7,946,625 · Bank Of America
Apr 1, 2010
—
2006-ldp7 Pine Creek Vil Jpmcc
Deputy Public Te Of El Paso Cnty
Trustees Deed
related
—
Mar 4, 2010
$11,000,000
Jessica LLC
Deputy Public Te Of El Paso Cnty
Certificate Of Purchase
$12,700,000
Jun 1, 2006
—
Jessica LLC
Srko Family LP
Warranty Deed
—
Dec 31, 2003
$3,220,000
Srko Family LP
J E Dunn Construction Co INC
Grant Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
