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    3204-3208 E Platte Ave Colorado Springs, CO 80903

    For Sale
    $8,675,000

    Fully leased retail property with long-term tenant on major thoroughfare.

    Property size:
    45,828 SF
    Lot size:
    5.60 Acres

    Property Features for 3204-3208 E Platte Ave

    General Information

    Size
    45,828 SF
    Lot size
    5.60 Acres

    Source: Unique Properties, Inc. Agent Earl Duffy

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

    Overview

    Prime Colorado Springs Investment Opportunity

    The property at 3204-3208 E Platte Ave in Colorado Springs offers an investment opportunity in the South Central region. Situated in an Opportunity Zone, the property may provide tax advantages to investors. The property is fully leased to a single tenant and positioned on E Platte Ave, a major thoroughfare with a daily vehicle count exceeding 42,800. The tenant is a large RV retail company with 100 full-service dealerships and over 1,000 service bays nationwide. The property caters to the tenant’s needs, offering a blend of retail and service space. The lease extends through November 30, 2029, and generates market rental income. The property size is 45828 square feet.
    Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

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

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

    Similar Places Nearby

    Enterprise Rent-A-Car, U-Haul Neighborhood Dealer, U-Haul Neighborhood Dealer

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.7699434
    Latitude
    38.840888

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    FAQs

    What type of property is this?
    Parking lot & garage - Fully leased retail property with long-term tenant on major thoroughfare.
    Where is this parking lot & garage located?
    The property is located at 3204-3208 E Platte Ave Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $8,675,000.
    What are key features of this property?
    This property features: - Long-term lease in place through November 30, 2029, providing stable income.; - Located in an Opportunity Zone, offering potential tax advantages for investors.; - Fully leased to a large and rapidly growing national RV retail company.
    (303) 968-4929
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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
    3204-3208 E Platte Ave Colorado Springs, CO 80903
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