Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    810 Sky Vista Pt Monument, CO

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    New retail/medical development with build-to-suit opportunity.

    Type:RETAIL
    Property size:
    1,500 SF
    Lot size:
    1.21 Acres
    Added:
    Nov 22, 2023
    Days on Market:
    863
    Last Refresh:
    Apr 1 at 8:06 pm

    Property Features for 810 Sky Vista Pt

    General Information

    Standard status
    Active
    Size
    1,500 SF
    Lot size
    1.21 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 810 Sky Vista Pt Contact us

    We can help!

    Listing Contact
    Greg Kaufman
    Greg Kaufman

    Listing agent Greg Kaufman License #FA.040021138

    Listing office KCRE Advisors

    Listing date Nov 22, 2023

    Source Moodyscre

    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 KCRE Advisors

    Overview

    Retail Space in Sky Vista

    Markets at Sky Vista is a mixed-use retail and medical development situated in Monument, Colorado. Located on the southeast corner of Baptist Road and Jackson Creek Parkway, the center offers access from I-25. Leasing opportunities are available in buildings 810-830, with a build-to-suit option suitable for a quick-service restaurant with a drive-thru. The property offers 1500 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Map

    City
    Monument
    County
    El Paso
    State
    Colorado
    Longitude
    -104.873
    Latitude
    39.0917

    Nearby Similar for Lease

    • Contact for pricing

      Retail Space in Monument Marketplace

      Stabilized strip center in premier retail shopping district.
      15932 Jackson Creek Pkwy, Monument, CO
      View Details
    • $21/mo

      Retail Space on HWY 105

      Retail space with high traffic and strong household incomes.
      1415-1455 Cipriani Loop, Monument, CO
      View Details
    • $21/mo

      Safeway Anchored Retail Space

      Retail space in Safeway-anchored center with ample parking.
      556-590 W Hwy 105, Monument, CO
      View Details
    • $14/mo

      Monument Office Space For Rent

      Office building in Monument, Colorado, with flexible options and parking.
      1850 Woodmoor Dr, Monument, CO
      View Details
    • Contact for pricing

      Monument Warehouse Space For Rent

      884 SF warehouse space with overhead door and high ceilings.
      1945 Deer Creek Rd , Monument, CO
      View Details
    • Contact for pricing

      Move-in Ready Office Suite

      Professional office suite with shared amenities, convenient location.
      16055 Old Forest Point, Monument, CO
      View Details
    • $42/mo

      Retail Space in Jackson Creek

      Retail space available within the Village at Jackson Creek Development.
      16577 Cinematic Vw, Monument, CO
      View Details
    • Contact for pricing

      Private Offices in Monument, Colorado

      Private offices for rent with utilities and WiFi included.
      1832 Woodmoor Dr, Monument, CO 80132
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease.
      15866 Jackson Creek Pkwy, Monument, CO 80132
      View Details
    • Contact for pricing

      Tri-Lakes Health Pavilion Space

      Neighborhood health center connected to YMCA for lease.
      17230 Jackson Creek Pky, Monument, CO
      View Details
    • Contact for pricing

      Commercial Space For Lease

      Commercial space available for lease at Jackson Creek Parkway.
      15898 Jackson Creek Pkwy, Monument, CO 80132
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease.
      15854-16086 Jackson Creek Pkwy, Monument, CO 80132
      View Details

    FAQs

    What type of property is this?
    Drive through restaurant - New retail/medical development with build-to-suit opportunity.
    Where is this drive through restaurant located?
    The property is located at 810 Sky Vista Pt Monument, CO.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: Build‑to‑suit opportunity ideal for a quick serve restaurant with drive‑thru.; Located in the affluent community of Monument, CO.; Easy access off of I‑25.
    (719) 229-8041 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Greg Kaufman
    Greg Kaufman
    Real Estate License ID: FA.040021138
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!