1415-1417 Murray Blvd Colorado Springs, CO 80916
This exceptional 30,194 sq ft commercial land parcel in Colorado Springs, CO (80916), presents a unique build-to-suit opportunity. Located at 1415-1417 S Murray Blvd, this property boasts a highly desirable location just 10 minutes from the Colorado Springs Airport, offering convenient access to major transportation routes. The land is zoned MX-M AO and is priced at $99,000, representing a significant price reduction and a compelling value of $287,091 per acre. The area is thriving, with nearby established businesses including Safeway, Walmart, Quick Quack Car Wash, and Silver Key Senior Services, as well as Atlas Preparatory Middle School and a Pikes Peak Library District branch. A new apartment complex is currently under construction in close proximity, further enhancing the area's growth potential. The seller possesses a recent appraisal and is prepared to share it with qualified buyers, providing further assurance of the property's value. This is an excellent investment opportunity for developers or businesses seeking a strategic location in a rapidly developing area of Colorado Springs. Don't miss this chance to acquire this well-positioned commercial land parcel at a significantly reduced price.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PBC PF AO · Colorado Springs, COColorado Springs. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.