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    3634-3642 Jeannine Dr Colorado Springs, CO 80917

    For Sale
    $1,215,000

    Small strip center near Academy & Austin Bluffs. Below market rents.

    Property size:
    8,100 SF
    Lot size:
    0.57 Acres

    Property Features for 3634-3642 Jeannine Dr

    General Information

    Size
    8,100 SF
    Lot size
    0.57 Acres

    Source: Hoff & Leigh Agent Tim Leigh

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

    Overview

    Retail Strip Center For Sale

    The Jeannine Center is a small strip center located near Academy & Austin Bluffs. The building has 8,100 square feet of space and sits on a 25,000 square foot lot zoned C5 CR. There are five rental units, all with below-market rents and short-term leases. Each unit features a retail-style front area and a rear overhead door. The tenants are a mix of small, independently owned businesses with a history of consistent rent payments. The roof is new, and four of the five RTUs have recently been replaced. No other capital improvements are anticipated. The property is suitable for retail purposes.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    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
    -104.7594532
    Latitude
    38.8859985

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    FAQs

    What type of property is this?
    Strip mall - Small strip center near Academy & Austin Bluffs. Below market rents.
    Where is this strip mall located?
    The property is located at 3634-3642 Jeannine Dr Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $1,215,000.
    What are key features of this property?
    This property features: - New roof and recently replaced RTUs (4 of 5), minimizing near-term capital expenditures.; - Consistent rent payment history from established 'mom & pop' tenants.; - Located near Academy & Austin Bluffs, a potentially desirable location.
    (719) 337-9551
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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
    3634-3642 Jeannine Dr Colorado Springs, CO 80917
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