514 South Sierra Madre Street, Colorado Springs, CO

Location

City Colorado Springs, CO
Neighborhood Ivywild
Zip Code 80903
Market Denver

Contacts

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Owner

True Owner
Registered Owner

Brokers

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Documents

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Sales

Purchase Date 19 Mar, 2019
Purchase Price
Arm's Length True
Buyer Name

Market Trends

Average Actual Rents in Colorado Springs

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent

Net Rent

$44.3/SF/YR

Recoverables Show detailsHide details

$16.7/SF/YR

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in Colorado Springs Office Market

Office rental rates are based on aggregated data of asking rates.

2020 Avg. Asking Rent $21.08
2020 Office Vacancy Rate 14.71%
2020 Office Completions (SF)

Colorado Springs Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

2020 Avg. Price per SF $155.39
Y-o-Y Avg. PpSF Change 24.17%
2020 Office Sales Volume $159M
2020 Number of Transactions 14

View more Colorado Springs market trends

Tax

Property Tax in 2020 $32,597
Market Value* $1,527,350
Assessed Value $1,527,350

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*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 514 South Sierra Madre Street?

514 South Sierra Madre Street totals 26,764 square feet.

When was this property built?

514 South Sierra Madre Street was built in 1953.

When was 514 South Sierra Madre Street last sold?

514 South Sierra Madre Street was last sold on 19 Mar, 2019.

What is the property tax for 514 South Sierra Madre Street?

The property tax for 514 South Sierra Madre Street in 2020 was $32,597.

What is the market value for 514 South Sierra Madre Street?

The market value* for 514 South Sierra Madre Street in 2020 was $1,527,350.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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514 South Sierra Madre Street