Medical Office
1955 Dominion Way, Colorado Springs, CO 80918
For Sale
New
Contact for pricing
A ground-level private entrance serves a medical suite with a purpose-built clinical layout.
Property Size1,200 SF
Price / SF$324
Days on Market5
Property Features for 1955 Dominion Way
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Floor
Tenant in Place
Property Use
Listing Agency:
Kinsey & Company Commercial Real Estate
(720) 833-4618
Listed By:
Brady Kinsey · License CO FA100049160
(303) 847-1295
Source:
Moodyscre
Added: Nov 6
Changed: Nov 9
Last Checked: Nov 10 at 5:07AM
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 Kinsey & Company Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,200-square-foot medical office condominium has a ground-floor entrance for private access. Its existing plan includes reception, optical space, a pre-test area, laboratory space, and two examination rooms. A full plan set from the original build-out is available. The office is scheduled to be vacated by December 1, 2026.
At 1955 Dominion Way in Colorado Springs, the property sits just off N. Academy Blvd, a major thoroughfare through the city.
At 1955 Dominion Way in Colorado Springs, the property sits just off N. Academy Blvd, a major thoroughfare through the city.
Key Highlights
- 1,200‑square‑foot medical office condominium
- Two examination rooms, lab, pre‑test area, optical space, and reception
- Private ground‑floor entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,885
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,700
$357.7K
Cap Rate 7%
$255,500
$255.5K
Cap Rate 9%
$198,722
$198.7K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$32.4K $27.00/SF
− Vacancy
−$2.6K −$2.16/SF
EGI
$29.8K $24.84/SF
− OpEx
−$11.9K −$9.94/SF
NOI
$17.9K $14.90/SF
Area
ZIP 80918
Vacancy
8.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,700
Cap Rate 7%
$255,500
Cap Rate 9%
$198,722
Alternative Uses
Best Use
Healthcare Medical
$255.5K
$223.6K – $298.1K
NOI $17,885 @ 7.0% cap · market cap 4.59%
Second Best
Office B
$253.0K
$221.4K – $295.2K
NOI $17,709 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office A
$306.7K
$268.4K – $357.8K
NOI $21,470 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,494
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80918, CO
47,453
Population
20,447
Households
2.3
Avg Household Size
37
Median Age
38%
College-Educated
95%
High-School Grad
12.0 sq mi
ZIP Area
3,954
Density / Sq Mi
$82,743
Median Household Income
$42,596
Median Earnings
$1,572
Median Rent
$414,400
Median Home Value
Market
Average Price Trend$/SF for Medical Office Space in Colorado Springs, CO
Properties on Market for Medical Office Space in Colorado Springs
Vacancy Rate% for Office in Colorado Springs, CO
Similar Off Market Nearby
- VCA North Academy Animal Hospital — 5875 N Academy Blvd, Colorado Springs, CO 80918
- Pansiera Megan DVM — 5875 N Academy Blvd, Colorado Springs, CO 80918
- Hehn Kristen DVM — 5875 N Academy Blvd, Colorado Springs, CO 80918
- Adams John DVM — 5875 N Academy Blvd, Colorado Springs, CO 80918
- Sundermann De Anna DVM — 5875 N Academy Blvd, Colorado Springs, CO 80918, United States
Frequently Asked Questions
What type of property is this?
Medical Office Space - A ground-level private entrance serves a medical suite with a purpose-built clinical layout.
Where is this medical office space located?
The property is located at 1955 Dominion Way Colorado Springs, CO.
What is the asking price?
The asking price for this property is $389,999.
What are key features of this property?
This property features: 1,200‑square‑foot medical office condominium; Two examination rooms, lab, pre‑test area, optical space, and reception; Private ground‑floor entrance
