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    Space Village Ave Colorado Springs, CO 80915

    For Sale
    Contact for pricing

    Development opportunity near Peterson Space Force Base in Colorado Springs.

    Lot size:
    0.46 Acres

    Property Features for Space Village Ave

    General Information

    Lot size
    0.46 Acres

    Source: SullivanHayes Brokerage Corp Agent Mark Ernster

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

    Overview

    Land Near Peterson Space Force

    This commercial land presents a development opportunity adjacent to Peterson Space Force Base, which employs approximately 19,000 personnel. The location is suitable for various services such as a daycare, hotel, coffee shop, and other businesses catering to the base and eastern Colorado Springs. The property benefits from visibility from Highway 24, a high-traffic thoroughfare. Neighboring businesses and schools include Dairy Queen, State Farm, Peoples Mortgage, and Colorado Military Academy. Situated in unincorporated El Paso County, the county is supportive of different uses through rezone. The seller is open to considering and responding to all offers, including those with complex structures.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.698934
    Latitude
    38.838124

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    FAQs

    What type of property is this?
    Commercial land - Development opportunity near Peterson Space Force Base in Colorado Springs.
    Where is this commercial land located?
    The property is located at Space Village Ave Colorado Springs, CO.
    What are key features of this property?
    This property features: - Prime development opportunity adjacent to Peterson Space Force Base (19,000 personnel).; - Great visibility from highly trafficked Hwy 24.; - Ideal for Daycare, Hotel, Coffee and other services.
    (720) 382-7508
    Request Owner's contact information
    Space Village Ave Colorado Springs, CO 80915
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    Colorado Springs, CO 80915
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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
    Space Village Ave Colorado Springs, CO 80915
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