Ground-Floor Medical Office
For Sale
Contact for pricing
1955 Dominion Way Unit 110, Colorado Springs, CO 80918
Efficient layout includes exam rooms, reception, break area, and a restroom.
Property Size1,200 SF
Price / SF$324
Days on Market51
Property Features for 1955 Dominion Way Unit 110
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Office
Site & Location
Neighborhood
Vista Grande
Additional Details
Floor
Ground Floor
Listing Agency:
Kinsey & Company Commercial Real Estate
Listed By:
Brady Kinsey · License #FA100049160
(303) 847-1295
Source:
Crexi
Added: Sep 6
Changed: Oct 26
Last Checked: Oct 26 at 1:52PM
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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Investment Insights
Based on property information with market context.
This 1,200 SF medical office condominium offers a practical configuration for professional healthcare use. The interior includes two exam rooms, a reception area, break room, restroom, and additional space, with a private entrance at ground level.
The property is situated within an office park off Academy Blvd in Colorado Springs. Its location along a primary thoroughfare provides access to the surrounding commercial area while the office-park setting offers a dedicated professional environment.
The property is situated within an office park off Academy Blvd in Colorado Springs. Its location along a primary thoroughfare provides access to the surrounding commercial area while the office-park setting offers a dedicated professional environment.
Key Highlights
- 1,200 SF medical office condominium
- Two exam rooms plus reception, break room, and restroom
- 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
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
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 - Efficient layout includes exam rooms, reception, break area, and a restroom.
Where is this medical office space located?
The property is located at 1955 Dominion Way Unit 110 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 SF medical office condominium; Two exam rooms plus reception, break room, and restroom; Private ground‑floor entrance
