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    8124 Peony Hts Colorado Springs, CO

    For Sale
    $4,656,000

    Strategically located automotive property in a rapidly expanding area.

    Property size:
    6,912 SF
    Lot size:
    0.68 Acres

    Property Features for 8124 Peony Hts

    General Information

    Size
    6,912 SF
    Lot size
    0.68 Acres

    Source: The Boulder Group - Corporate Agent Zach Wright

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

    Overview

    Colorado Springs Automotive Property

    The property is located in Colorado Springs, CO. It is strategically positioned within a rapidly expanding and affluent corridor. The area has a projected annual population growth of 12.6% within one mile. The immediate area boasts an average annual household income of approximately $175,000 within a mile. The property is strategically located in an area with strong automotive synergies that includes numerous auto repair and maintenance shops, car washes, and gas stations. The property size is 6,912 square feet.
    Location Intelligence

    Current Use by Public Records

    Automotive properties

    Suggested Use

    Restaurant Auto Repair Shop Clothing Store Hotel & Motel Department Store Discount Store Daycare Center Pet Store Pet Supply Store Toy Store

    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
    -104.8571368
    Latitude
    38.994425

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    FAQs

    What type of property is this?
    Automotive property - Strategically located automotive property in a rapidly expanding area.
    Where is this automotive property located?
    The property is located at 8124 Peony Hts Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $4,656,000.
    What are key features of this property?
    This property features: - Strategic location in a rapidly expanding and affluent corridor.; - Projected annual population growth of 12.6% within one mile.; - High average annual household income of approximately $175,000 within one mile.
    (847) 562-8500
    Request Owner's contact information
    8124 Peony Hts Colorado Springs, CO
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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
    8124 Peony Hts Colorado Springs, CO
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