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    1629 S Nevada Ave Colorado Springs, CO 80905

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    For Sale
    $1,200,000

    Excellent development parcel, ideal for end-user or GL developer.

    Property size:
    2,757 SF
    Lot size:
    0.42 Acres

    Property Features for 1629 S Nevada Ave

    General Information

    Size
    2,757 SF
    Lot size
    0.42 Acres

    Building Details

    Year built
    1946
    Source: Corcoran

    Listing Agent: Walt Harder

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

    Overview

    Development Parcel Ready for Bulldozer

    This 2,757-square-foot commercial land parcel is ready for development. A clean Phase I environmental assessment and a complete ALTA survey of the parcel have been conducted. A demolition bid is available. The property is ideal for an end-user or general land developer.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Clinic 5280 Medical Clinic Cured by Design Alternative Medicine Practitioner Metro by T-Mobile Cell Phone Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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
    -104.8199465
    Latitude
    38.8575131

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    FAQs

    What type of property is this?
    Commercial land - Excellent development parcel, ideal for end-user or GL developer.
    Where is this commercial land located?
    The property is located at 1629 S Nevada Ave Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Excellent development parcel, ready for your vision.; - Clean Phase I environmental assessment provides peace of mind.; - Complete Alta Survey available for your due diligence.
    (719) 539-2000
    Request Owner's contact information
    1629 S Nevada Ave Colorado Springs, CO 80905
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    Colorado Springs, CO 80905
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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
    1629 S Nevada Ave Colorado Springs, CO 80905
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