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    840 Spanish Bit Dr Colorado Springs, CO 80921

    For Lease
    $32 SF/Yr

    Highly visible retail development site near I-25.

    Property size:
    10,013 SF
    Lot size:
    10.17 Acres

    Property Features for 840 Spanish Bit Dr

    General Information

    Size
    10,013 SF
    Lot size
    10.17 Acres

    Source: NAI Highland, LLC Agent Mark Useman

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

    Overview

    Retail Development Site For Rent

    This retail development site offers high visibility from I-25, situated just south of the Baptist Road Interchange. The property fronts Struthers Road and Spanish Bit Drive, directly adjacent to Big R. Its location provides close proximity to Monument, Trilakes, Glen Eagle, and Northgate housing and business districts. The property has a size of 10013 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Shed Yard Shed Builder Big R Stores ... General Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness

    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
    -104.8436287
    Latitude
    39.0476404

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    FAQs

    What type of property is this?
    Retail space - Highly visible retail development site near I-25.
    Where is this retail space located?
    The property is located at 840 Spanish Bit Dr Colorado Springs, CO.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: - High visibility from I-25.; - Frontage on Struthers Road and Spanish Bit Drive.; - Adjacent to Big R.
    (719) 231-7400
    Request Owner's contact information
    840 Spanish Bit Dr Colorado Springs, CO 80921
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    Colorado Springs, CO 80921
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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
    840 Spanish Bit Dr Colorado Springs, CO 80921
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