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    1856 Democracy Pt Colorado Springs, CO 80908

    For Sale
    $3,700,000

    New restaurant in Victory Ridge near I-25 for sale.

    Property size:
    4,228 SF

    Property Features for 1856 Democracy Pt

    General Information

    Size
    4,228 SF

    Building Details

    Year built
    2023

    Source: Jake Hallauer, CCIM Agent Jake Hallauer, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Property in Victory Ridge

    This is a restaurant property located in the Victory Ridge mixed-use development in northern Colorado Springs. The property is situated less than a mile from Interstate 25, with frontage on Interquest Parkway. The surrounding area includes major retailers, large office complexes, entertainment venues, hotels, and residential apartments. The property is located on the Interquest Parkway corridor and features a rooftop patio and outdoor seating areas. Nearby amenities include Scheels, Great Wolf Lodge Water Park, Main Event, and Icon Cinema.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store Gym & Fitness Kitchen & Bath HVAC Service Garden Center Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.69
    Latitude
    39.0424

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    FAQs

    What type of property is this?
    Restaurant - New restaurant in Victory Ridge near I-25 for sale.
    Where is this restaurant located?
    The property is located at 1856 Democracy Pt Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $3,700,000.
    What are key features of this property?
    This property features: - High Visibility Location: Frontage on Interquest Parkway in the Victory Ridge development.; - Proximity to Interstate 25: Less than 1 mile, providing easy access.; - Rooftop Patio and Outdoor Seating: Inviting spaces to attract and retain customers.
    (970) 305-8113
    Request Owner's contact information
    1856 Democracy Pt Colorado Springs, CO 80908
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    Colorado Springs, CO 80908
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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
    1856 Democracy Pt Colorado Springs, CO 80908
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