Retail Space For
For Sale
Contact for pricing
1185 N Curtis Rd, Colorado Springs, CO 80930
2,422 SqFt retail space available for purchase.
Property Size2,422 SF
Price / SF$402.56
Days on Market160
Property Features for 1185 N Curtis Rd
General Information
Standard status
Active
Size
2,422 SF
Property subtype
Retail, Office, Industrial, Land
Zoning
RR5 w/Variance of Use + SDP for RV Storage and Outdoor Storage
Building Details
Year Built
1991
Listing Agency:
Fuller Real Estate
Listed By:
Andrew Dodgen · License #CO ER100025456
(720) 670-0377
Source:
Crexi
Added: May 16
Changed: Oct 5
Last Checked: Oct 20 at 5:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fuller Real Estate
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Investment Insights
Based on property information with market context.
This property is a 2,422 square foot retail space available for sale.
Key Highlights
- Retail Property
- 2,422 SqFt of retail space
- Year Built: 1991
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,144
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$582,880
$582.9K
Cap Rate 7%
$416,343
$416.3K
Cap Rate 9%
$323,822
$323.8K
Market Conditions
NOI Build-Up for 2,422 SF
Gross rent
$43.6K $18.00/SF
− Vacancy
−$2.0K −$0.81/SF
EGI
$41.6K $17.19/SF
− OpEx
−$12.5K −$5.16/SF
NOI
$29.1K $12.03/SF
Area
Colorado Springs, CO
Vacancy
4.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$582,880
Cap Rate 7%
$416,343
Cap Rate 9%
$323,822
Alternative Uses
Best Use
Retail
$416.3K
$364.3K – $485.7K
NOI $29,144 @ 7.0% cap · market cap 2.99%
Second Best
Office B
$340.6K
$298.0K – $397.4K
NOI $23,842 @ 7.0% cap · market cap 2.45%
Theoretical Best
Specialty Retail
$478.3K
$418.5K – $558.0K
NOI $33,482 @ 7.0% cap · market cap 3.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
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Business Placement
Demographics for 80930, CO
1,527
Population
671
Households
2.3
Avg Household Size
31
Median Age
38%
College-Educated
97%
High-School Grad
34.3 sq mi
ZIP Area
45
Density / Sq Mi
$77,039
Median Household Income
$43,571
Median Earnings
$2,013
Median Rent
$325,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Colorado Springs, CO
Frequently Asked Questions
What type of property is this?
Retail property - 2,422 SqFt retail space available for purchase.
Where is this retail property located?
The property is located at 1185 N Curtis Rd Colorado Springs, CO.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Retail Property; 2,422 SqFt of retail space; Year Built: 1991
