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    Property profile & analytics

    Generation Dr Fountain, CO 80817

    • Distribution centers
    • 11,673 SF
    • 23.49 lot acres
    OFF-MARKET
    Value Estimations
    $1,705,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US13-1146268
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Distribution centers

    Property Details for Generation Dr

    Year built
    2001
    Construction
    STEEL FRAME
    Lot size
    23.49 lot acres
    Property size
    11,673 SF
    Zone code
    A-5 WSE-O
    Property type
    Distribution centers
    APN
    5600000152
    APU
    5600000152

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,830,000
      6.5%
      $1,690,000
      7%
      $1,570,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,259,000
      Market price range: $1.45M - $3.13M
      AI Estimate
      $1,158,000
      Market price range: $403k - $1.93M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $2,110,000
      Current use
      MEDICAL BUILDING
      $2,835,000
      Change: +34% Conversion: Difficult
      RETAIL STORES
      $2,745,000
      Change: +30% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fountain
    County
    El Paso
    State
    Colorado
    Longitude
    -104.707
    Latitude
    38.6281
    CBSA code
    17820
    CBSA name
    COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $37,970
    $257,620
    $295,590
    -
    $136,100
    $923,377
    $1,059,477

    Comparable in this City

    • Value Estimation
      $1,415,000
      10,000 SF

      7039 Bandley Dr

      DISTRIBUTION WAREHOUSE • 10,000 SF
      7039 Bandley Dr, Fountain, CO 80817-2603
      View Details
    • Value Estimation
      $1,260,000
      10,051 SF

      10755 Charter Oak Rnch Rd

      DISTRIBUTION WAREHOUSE • 10,051 SF
      10755 Charter Oak Rnch Rd, Fountain, CO 80817-4008
      View Details
    • Value Estimation by Request
      5,769 SF

      11220 Hwy 85-87

      DISTRIBUTION WAREHOUSE • 5,769 SF
      11220 Hwy 85-87, Fountain, CO 80817
      View Details
    • Value Estimation
      $1,085,000
      6,534 SF

      851 Santa Fe Ave

      DISTRIBUTION WAREHOUSE • 6,534 SF
      851 Santa Fe Ave, Fountain, CO 80817-2046
      View Details
    • Value Estimation
      $1,095,000
      11,535 SF

      10605 Charter Oak Rnch Rd

      DISTRIBUTION WAREHOUSE • 11,535 SF
      10605 Charter Oak Rnch Rd, Fountain, CO 80817-4008
      View Details
    • Value Estimation
      $1,665,000
      12,159 SF

      7060 Alegre St

      DISTRIBUTION WAREHOUSE • 12,159 SF
      7060 Alegre St, Fountain, CO 80817-1249
      View Details

    Similar Nearby for Sale

    • $1,589,000
      2,352 SF

      Fountain Warehouse: 5 Acres, I-25 Access

      Industrial warehouse, 2352 sq ft, 5 acres
      748 Santa Fe Ave, Fountain, CO 80817
      View Details
    • $2,200,000
      10,000 SF

      Fountain Warehouse - $2.2M

      10,000 SF Warehouse, Excellent Location
      6140 Champlin Dr, Fountain, CO 80817
      View Details
    • $2,500,000
      72.00 Acres

      Fountain Head Business Park Land

      72 Acres, Prime Colorado Location
      0 Fountain Head Business Park, Fountain, CO 80817
      View Details
    • Contact for pricing
      2,352 SF

      Land with Warehouse Near I-25

      Land with warehouse, easy access to I-25 and Highway 85.
      748 S Santa Fe Ave, Fountain, CO 80817
      View Details
    • $1,670,000
      16.95 Acres

      Charter Oak Ranch Road Land

      16.95 Acres, I-25 Exposure, Fountain, CO
      0 Charter Oak Rnch Rd, Colorado Springs, CO 80817
      View Details
    • $1,123,764
      10,810 SF

      Industrial/Flex Property with I-25 Visibility

      Multi-tenant industrial/flex property with I-25 visibility and flexible configurations.
      7039-7059 Bandley Dr, Fountain, CO 80817
      View Details

    Similar Nearby for Lease

    • $7 SF/Yr
      362,291 SF

      Fountain Business Park: Premier Industrial Space

      Class A industrial space, Fountain, CO
      702 Bandley Dr, Fountain, CO 80817
      View Details
    • Contact for pricing
      24,544 SF

      Fountain Warehouse with Highway Exposure

      Warehouse space with fenced lot and highway access.
      19825 Wigwam Rd, Fountain, CO 80817
      View Details
    • Contact for pricing
      4,000 SF

      Fountain Industrial Flex Space

      4,000 SF Flex Space - Ideal Location
      6450 Southmoor Dr, Fountain, CO 80817
      View Details
    • $14 SF/Yr
      2,852 SF

      Former Bank Building For Lease

      Former bank building with excellent access and ample parking.
      6615 Camden Blvd, Fountain, CO 80817
      View Details
    • Contact for pricing

      Retail Center Near Fort Carson

      Shopping center anchored by high-performing Safeway near major transportation routes.
      6859-6925 Mesa Ridge Pkwy, Fountain, CO 80817
      View Details
    • $32 SF/Yr
      1,100 SF

      Fountain Retail Center: Prime Location

      1,100 SF Retail Space Available in Fountain, CO
      6859 Mesa Ridge Pkwy, Fountain, CO 80817
      View Details
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    Fountain, CO 80817
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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