Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,675,000
Outlet malls
9690 Prominent Pt Colorado Springs, CO 80924-5000
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US13-0382431
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,383 SF
Lot
2.59 ac (112,820 SF)
Zoning code
PBC
APN
6226402002
UPID
US13-0382431
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
-
Petco Dog Training Animal Training
-
Petco Vaccination Clinic Veterinary Clinic
-
Petco Grooming Pet Grooming Service
-
Just Food For Dogs (Bike/Boat/Book/etc) Store Pet Store & Service
-
Petco (Bike/Boat/Book/etc) Store Pet Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.68M
Owner & transaction history
M3m Colorado LLC · 11 yrs held
M3m Colorado LLC
since 2014
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$109 / 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
$27,568
Tax year 2023
Assessed value
$448,860
Assessed 2023
Previous assessed
$448,860
+0.0% YoY
Effective rate
6.14%
On assessed value
Assessed land
$253,390
Assessed improvement
$195,470
Land market value
$908,201
Improvement market value
$700,593
Total market value
$1,608,794
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
15,383 SF
Lot
2.59 ac (112,820 SF)
Zoning code
PBC
APN
6226402002
UPID
US13-0382431
Jurisdiction
EL PASO
Zoning & alternative use
PBC · Colorado Springs, COZoning 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
Building & site characteristics
From public records
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
2.59 ac
Current owner
From public records · entity-resolved
M3m Colorado LLC
Entity
Mailing address
PO BOX 248, LAKE FOREST, CA 92609-0248
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2025
—
M3m Colorado LLC
—
Deed
related
$2,034,562 · Ent Cu
Aug 14, 2014
$3,871,000
M3m Colorado LLC
Continental 140 Fund LLC
Grant Deed
$2,500,000 · Keypoint Cu
Jul 16, 2010
—
Continental 140 Fund LLC
—
Deed Of Trust
related
$24,071,411 · M & I Marshall & Isley Bank
Mar 24, 2006
$15,459,000
Continental 140 Fund LLC
Lp47 LLC
Grant Deed
related
$10,500,000 · Richter-schroeder Co INC
—
—
Continental 140 Fund LLC
—
Loan Modification
related
$21,284,705 · Bmo Harris Bank
—
—
Continental 140 Fund LLC
—
Deed Of Trust
related
$14,300,000 · Richter-schroeder Co INC
—
—
Continental 140 Fund LLC
—
Deed Of Trust
related
$23,756,130 · Bmo Harris 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.
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?”
You own 9690 Prominent Pt?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
