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    831 S Circle Dr Colorado Springs, CO 80910

    For Sale
    $1,790,000

    Attractive shopping center with updated interiors and ample parking.

    Property size:
    11,058 SF
    Lot size:
    1.56 Acres

    Property Features for 831 S Circle Dr

    General Information

    Size
    11,058 SF
    Lot size
    1.56 Acres

    Source: Trent Properties Group Agent Amanda Miller Luciano

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

    Overview

    Midcentury Shopping Center For Sale

    This midcentury shopping center is situated on a 1.56-acre lot on South Circle Drive, north of Fountain Boulevard, offering accessibility from Highway 24 and I-25, and proximity to downtown. The property features updated interior finishes, including ADA-compliant bathrooms. A 50-year roof coating was installed in 2016, and some HVAC units were replaced in 2017. The property has 11,058 square feet of space. There is 3,170 square feet that could be available for an owner occupant of for re-tenanting at a higher rate. The property provides parking and currently has below-market rents with 3% annual increases.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Trantow-O'Hara General Contractor Tai Chi Sports Club

    Suggested Use

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

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

    Similar Places Nearby

    Market Square Shopping Center, Coin Cloud Bitcoin ATM, Bypass Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.77975
    Latitude
    38.819878

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    FAQs

    What type of property is this?
    Shopping center - Attractive shopping center with updated interiors and ample parking.
    Where is this shopping center located?
    The property is located at 831 S Circle Dr Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $1,790,000.
    What are key features of this property?
    This property features: - High-traffic location on S Circle with easy access to Highway 24, I-25, and downtown.; - Large 1.56-acre lot with ample parking.; - Opportunity for owner-occupancy or re-tenanting of 3,170 SF at a higher rate.
    (719) 650-9913
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    831 S Circle Dr Colorado Springs, CO 80910
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    Colorado Springs, CO 80910
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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
    831 S Circle Dr Colorado Springs, CO 80910
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