2103 SouthgateColorado Springs, CO 80906

  • Assisted living facilities
  • 29,773 SF
Off market

Property Details for 2103 Southgate

Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
8.64 AC
Property size (Sq ft)
29,773 SF
Zone code
R5 CU
Property type
Assisted living facilities
Property subtype
Retirement homes
APN
6430400004
APU
6430400004

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,695,880
    6.5%
    $7,103,890
    7%
    $6,596,470
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,533,640
    Geo Method
    $2,533,640
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $13,646,500
    Retail / Commercial
    $6,952,160
    Mixed-Use / Specialty
    $6,891,380
    Hospitality / Lodging
    $5,009,120
    Office
    $6,812,940
    Institutional / Educational
    $7,151,390
    Residential Income
    $8,367,120
    Multifamily
    $10,234,600
    Automotive / Energy
    $6,129,760
    Parking / Income-Based Land
    $2,150,870
    Restaurant / Food Service
    $3,507,440

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.8019
Longitude
-104.817
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
-
$242,810
$443,590
$686,400
-
$1,599,522
$2,284,148
$3,883,670

FAQs

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