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Corner Commercial Property For Sale
For Sale
$1,500,000
Pending

3820 E Pikes Peak Avenue, Colorado Springs, CO 80909

Fully rented commercial property with high traffic location.

Property Size16,184 SF
Days on Market728

Property Features for 3820 E Pikes Peak Avenue

General Information

Standard status Pending
Size 16,184 SF
Property subtype Commercial/Industrial

Taxes and HOA fees

Annual Taxes $26,134

Building Details

Year Built 1974
Listing Agency: Berkshire Hathaway HomeServices Synergy Realty Group
Listed By: Charles D'Alessio · License #40034206
Source: Exitrealty
Added: Oct 21, 2024 Changed: Sep 14 Last Checked: Sep 15 at 5:31AM

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 Berkshire Hathaway HomeServices Synergy Realty Group

Rey
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Investment Insights

Based on property information with market context.

This commercial property is located on the corner of Pikes Peak Avenue and Academy Boulevard. The building is in good condition and is fully rented. It is currently configured with a tire store and office spaces. The location experiences high traffic volume, with over 80,000 vehicles per day. The surrounding area includes retail businesses and densely populated neighborhoods. All units are leased and occupied by tenants.

Key Highlights

  • High‑traffic location at the corner of Pikes Peak and Academy Blvd (over 80,000 vehicles per day).
  • Fully rented property, providing immediate cash flow.
  • Great tenants with leases in place.

Property Analytics

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Current Use

BF Goodrich (Bike/Boat/Book/etc) Store Big O Tires Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Parking Lot & Garage Electrical Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

909
Businesses Nearby

Demographics for 80909, CO

37,302
Population
16,572
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
7.9 sq mi
ZIP Area
4,722
Density / Sq Mi
$61,777
Median Household Income
$36,894
Median Earnings
$1,227
Median Rent
$352,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Colorado Springs, CO

7.9% 2019
8.1% 2020
9.3% 2021
8.5% 2022
10.6% 2023
9.5% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Fully rented commercial property with high traffic location.
Where is this office building located?
The property is located at 3820 E Pikes Peak Avenue Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: High‑traffic location at the corner of Pikes Peak and Academy Blvd (over 80,000 vehicles per day).; Fully rented property, providing immediate cash flow.; Great tenants with leases in place.
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