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    3001-3069 S Academy Blvd Colorado Springs, CO 80916

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    For Sale
    $6,603,015

    Value-add retail redevelopment in a high-growth area.

    Property size:
    44,089 SF
    Lot size:
    4.01 Acres

    Property Features for 3001-3069 S Academy Blvd

    General Information

    Size
    44,089 SF
    Lot size
    4.01 Acres

    Source: Craddock Commercial Real Estate Agent Matthew Craddock

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

    Overview

    Retail Redevelopment Opportunity

    This retail redevelopment opportunity is located at the intersection of Academy and Hancock, within the high-growth airport trade area of Colorado Springs. The location benefits from high traffic and planned high-density residential developments. Fort Carson, the largest employer in Colorado Springs with approximately 26,000 civilian and military personnel, is a primary driver of growth in the area. The revival of the Colorado Springs Airport and the growth of a younger demographic contribute to the area's potential. The portfolio includes 4 buildings totaling 99,350 square feet of recently remodeled and fully leased retail space. The property consists of 44,089 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    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.

    Similar Places Nearby

    Southpointe Plaza, Colorado MV Express Kiosk, Club tomorrow, Pikes Peek Tours, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.7561403
    Latitude
    38.7881246

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    FAQs

    What type of property is this?
    Shopping center - Value-add retail redevelopment in a high-growth area.
    Where is this shopping center located?
    The property is located at 3001-3069 S Academy Blvd Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $6,603,015.
    What are key features of this property?
    This property features: - Value-add opportunity in the fastest-growing zip code in Colorado Springs.; - Located at the highly trafficked Academy and Hancock intersection in the high-growth airport trade area.; - Priced at a 7.25% cap rate and well below replacement cost.
    (719) 492-6621
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    Colorado Springs, CO 80916
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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
    3001-3069 S Academy Blvd Colorado Springs, CO 80916
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