Freestanding Medical Office
New
For Sale
Contact for pricing
1511 E Boulder St, Colorado Springs, CO 80909
Move-in ready clinical space with exam rooms, private offices, and reception directly across from UCHealth Memorial Hospital Central.
Property Size1,539 SF
Lot Size0.14 Acres
Price / SF$224.17
Days on Market3
Property Features for 1511 E Boulder St
General Information
Standard status
Active
Size
1,539 SF
Total Parking Spaces
9
Lot size
0.14 Acres
Property subtype
OFFICE
Zoning
OR
Building Details
Buildings
1
Stories
1
Building Size
1,539 SF
Listing Agency:
Olive Real Estate Partners, Inc.
(719) 659-1095
Listed By:
Alex Dumas · License #FA.040034163
(719) 659-1095
Source:
Moodyscre
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 31 at 5:29AM
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.
Investment Insights
Based on property information with market context.
Freestanding, single-story medical office building with a fully built-out clinical layout. The 1,539 SF space includes exam rooms, private offices, and a dedicated reception area, supporting a physician group, specialist practice, or other healthcare-adjacent use.
The property is positioned directly across from UCHealth Memorial Hospital Central and the U.S. Olympic & Paralympic Training Center, offering prominent visibility within the medical corridor. It sits on a 6,000 SF lot with 9 surface parking spaces for patient and staff access.
Zoning is listed as OR. The building is presented as move-in ready for an operator seeking clinical-ready improvements.
The property is positioned directly across from UCHealth Memorial Hospital Central and the U.S. Olympic & Paralympic Training Center, offering prominent visibility within the medical corridor. It sits on a 6,000 SF lot with 9 surface parking spaces for patient and staff access.
Zoning is listed as OR. The building is presented as move-in ready for an operator seeking clinical-ready improvements.
Key Highlights
- 1,539 SF single‑story freestanding medical office building with clinical build‑out
- Exam rooms, private offices, and dedicated reception area
- Directly across from UCHealth Memorial Hospital Central
Financial Insights For Healthcare Medical
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 | $31.4k | $20.40 |
| − Vacancy | −$2.5k | −$1.63 |
| EGI | $28.9k | $18.77 |
| − OpEx | −$11.6k | −$7.51 |
| NOI | $17.3k | $11.26 |
1,539 SF · lease $20.40/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$247.6K
$216.6K – $288.8K
NOI $17,330 @ 7.0% cap · market cap 5.02%
Second Best
Office B
$216.4K
$189.4K – $252.5K
NOI $15,150 @ 7.0% cap · market cap 4.39%
Theoretical Best
Specialty Retail
$303.9K
$265.9K – $354.6K
NOI $21,275 @ 7.0% cap · market cap 6.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,708
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Colorado Springs, CO
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Move-in ready clinical space with exam rooms, private offices, and reception directly across from UCHealth Memorial Hospital Central.
Where is this medical office space located?
The property is located at 1511 E Boulder St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 1,539 SF single‑story freestanding medical office building with clinical build‑out; Exam rooms, private offices, and dedicated reception area; Directly across from UCHealth Memorial Hospital Central
