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    516 W Bijou St Colorado Springs, CO 80903

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    For Lease
    $14 SF/Yr ($3,500 /Mo)

    2,958 SF office building near I-25 for sale or lease.

    Property size:
    2,958 SF
    Lot size:
    0.25 Acres

    Property Features for 516 W Bijou St

    General Information

    Size
    2,958 SF
    Lot size
    0.25 Acres

    Source: Hoff & Leigh Agent Holly Trinidad

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

    Overview

    Restored Office Building Near I-25

    The property at 516 West Bijou is available for sale or lease. The building is described as a 2,958 square foot office situated on an 11,020 square foot lot with OC zoning. Located near I-25 at the Bijou West exit, it offers accessibility without the challenges of a downtown location. The property has been thoroughly restored, including a new roof installed in 2018 and updated plumbing. It features a basement apartment and a five-stall garage that generate income. The annual taxes are $5,795.
    Insight Report Location Intelligence

    Current Use by Public Records

    Eaton Maureen Speech Pathologist SLP TechTools Speech Pathologist Varner Pamela Speech Pathologist Croom Michelle M Speech Pathologist Stephanie Cavin Occupational Therapist

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Daycare Center Building Supply Clothing Store 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
    -104.814289
    Latitude
    38.836771

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    FAQs

    What type of property is this?
    Office building - 2,958 SF office building near I-25 for sale or lease.
    Where is this office building located?
    The property is located at 516 W Bijou St Colorado Springs, CO.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Income-producing basement apartment and 5-stall garage.; - Thoroughly restored, including new roof (2018) and updated plumbing.; - Located on I-25 at the Bijou West exit, offering downtown access without downtown congestion.
    (719) 337-0999
    Request Owner's contact information
    516 W Bijou St Colorado Springs, CO 80903
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    Colorado Springs, CO 80903
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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
    516 W Bijou St Colorado Springs, CO 80903
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