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    Retail/Flex Building on Academy Blvd Title is generated by Realmo AI

    2582 S Academy Blvd, Colorado Springs, CO

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    Single-tenant retail/flex building with high visibility and ample parking.

    Type:RETAIL
    Property size:
    4,200 SF
    Lot size:
    0.46 Acres
    Price / SF:
    $166/SF
    Added:
    Nov 25, 2025
    Days on Market:
    219
    Last Refresh:
    May 19 at 10:22 pm

    Property Features for 2582 S Academy Blvd

    General Information

    Standard status
    Active
    Size
    4,200 SF
    Lot size
    0.46 Acres
    Property subtype
    RETAIL

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    Christopher Shirley
    Christopher Shirley

    Listing office Olive Real Estate Partners, Inc.

    Listing date Nov 25, 2025

    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 Olive Real Estate Partners, Inc.

    HighLights

    • High visibility on a highly trafficked corridor
    • Available for lease or sale to an owner‑user
    • Suitable for retail / flex uses
    • Ample parking is available
    • 200 AMP, 120 volt, 3‑Phase power
    • New roof to be installed in 2025

    Overview

    The property at 2582 S Academy Blvd is a single-tenant retail/flex building situated on S. Academy Blvd, offering high visibility along a highly trafficked corridor. With a size of 4200 square feet, the property is available for sale to an owner-user. Currently operating as a medical marijuana dispensary and grow facility, the building can be adapted for other retail or flex purposes. The building features a clear height of 9 feet and is equipped with 200 AMP, 120 volt, 3-Phase power. A new roof is scheduled to be installed in 2025. The property benefits from high visibility and ample parking.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $75.6k $18.00
    − Vacancy −$3.4k −$0.81
    EGI $72.2k $17.19
    − OpEx −$21.7k −$5.16
    NOI $50.5k $12.03
    4,200 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $722.0K
    $631.7K – $842.3K (±1% cap)
    NOI $50,539 @ 7.0% cap · market cap 7.22%
    Second Best
    Flex RnD
    $578.0K
    $505.7K – $674.3K (±1% cap)
    NOI $40,459 @ 7.0% cap · market cap 5.78%
    Theoretical Best
    Specialty Retail
    $829.4K
    $725.8K – $967.7K (±1% cap)
    NOI $58,061 @ 7.0% cap · market cap 8.30%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Apotheke (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    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
    -104.758
    Latitude
    38.7944

    FAQs

    What type of property is this?
    Retail space - Single-tenant retail/flex building with high visibility and ample parking.
    Where is this retail space located?
    The property is located at 2582 S Academy Blvd Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $699,950.
    What are key features of this property?
    This property features: High visibility on a highly trafficked corridor; Available for lease or sale to an owner‑user; Suitable for retail / flex uses
    (719) 663-9012 Call to check price and availability
    More about this property
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