1670 NewportColorado Springs, CO 80916

  • Office properties
  • 70,633 SF
Off market
$48,490,900 Estimated

Property Details for 1670 Newport

Year built
1985
Construction
STEEL FRAME
Lot size
4.84 AC
Property size (Sq ft)
70,633 SF
Zone code
PIP1 AO
Property type
Office properties
Property subtype
Office buildings
APN
6425003007
APU
6425003007

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $15,449,853
    6.5%
    $14,261,403
    7%
    $13,242,731
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,835,698
    Geo Method
    $5,835,698
  • Alternative Use

    Use
    Valuation
    Residential
    $17,684,140
    Hospitality
    $16,198,576
    Educational
    $13,477,025
    Medical
    $13,940,521
    Retail
    $20,964,262
1670 Newport, Colorado Springs, Colorado
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Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.8072
Longitude
-104.728
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
$150,794
$214,700
$2,730,940
$2,945,640
-
$769,530
$9,788,313
$10,557,843

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@paperhouses.co and they will add the team member.
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Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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