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    8145-8245 N Union Blvd Colorado Springs, CO 80920

    For Sale
    $4,522,500

    Office/flex building with flexible configuration options in Mountain Vista.

    Property size:
    21,030 SF
    Lot size:
    32.60 Acres

    Property Features for 8145-8245 N Union Blvd

    General Information

    Size
    21,030 SF
    Lot size
    32.60 Acres

    Source: Olive Real Estate Partners, Inc. Agent Michael Payne Palmer, SIOR

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

    Overview

    Versatile Office/Flex Building For Sale

    Located in the Mountain Vista Business Center, this office/flex building at 8145 N UNION BLVD offers over 21,000 square feet of functional space. The property, formerly part of the Hewlett Packard High Tech Campus, is a stand-alone annex with flexible configuration options. Currently configured as a full-service cafeteria with a large conference room and an expansive outdoor patio, the property can be delivered in its existing condition or as a clean shell. The building is located immediately off Union Blvd, south of Research Pkwy in the Briargate development, and offers panoramic views of the Rocky Mountains. It provides direct connections to Woodmen Rd and Research Pkwy, the city’s main east/west access roads, and is within 3 miles of both I-25 and Powers Blvd, offering convenient access to the city’s labor base. The property includes a loading dock area with drive-in doors and is located in the Pikes Peak Enterprise Zone, offering tax incentives.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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
    -104.765247
    Latitude
    38.951245

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    FAQs

    What type of property is this?
    Office building - Office/flex building with flexible configuration options in Mountain Vista.
    Where is this office building located?
    The property is located at 8145-8245 N Union Blvd Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $4,522,500.
    What are key features of this property?
    This property features: - Located in the Pikes Peak Enterprise Zone offering significant tax incentives.; - Over 21,000 square feet of functional space.; - Flexible configuration options with the ability to be delivered as a full-service cafeteria or a clean shell.
    (719) 228-3626
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    Colorado Springs, CO 80920
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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
    8145-8245 N Union Blvd Colorado Springs, CO 80920
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