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    704 Washington St Monument, CO 80132

    Sponsored
    For Sale
    Contact for pricing

    Prime Monument location, I-25 access, gated, 24/7 access.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This exceptional 5-acre commercial lot presents a rare opportunity in the thriving Monument, Colorado market. Its strategic location offers unparalleled convenience with easy access to Interstate 25, ensuring excellent visibility and accessibility for businesses. The property is ideally suited for a wide range of commercial ventures, from light industrial uses to retail establishments or even potential development into a multi-tenant complex. The seller will ensure the property is fully fenced and gated, providing a secure environment for tenants and operations. The 24-hour access feature further enhances the property's appeal, allowing for flexible business hours and operations. Given its size and prime location, this parcel represents a significant investment opportunity with substantial potential for future growth and return. The absence of existing structures allows for complete customization to meet the specific needs of any prospective buyer. This is a blank canvas ready for your vision, offering a unique chance to establish a strong presence in a rapidly expanding area. The property's proximity to I-25 guarantees easy commutes for employees and customers alike, making it an attractive location for businesses seeking a strategic advantage in the Colorado Springs region. Serious inquiries are encouraged.

    Property Features for 704 Washington St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    217,800 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monument
    County
    El Paso
    State
    Colorado
    Longitude
    -104.872
    Latitude
    39.09917

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Monument location, I-25 access, gated, 24/7 access.
    Where is this commercial real estate located?
    The property is located at 704 Washington St Monument, CO.
    What is the asking price?
    The asking price for this property is $1.00.
    (719) 418-5000
    Request Owner's contact information
    704 Washington St Monument, CO 80132
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    Monument, CO 80132
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    Realmo Value Estimation

    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.

    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.

    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
    704 Washington St Monument, CO 80132
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