Two-Office
New
For Sale
$190,000
2130 Academy #Suite B, Colorado Springs, CO 80909
A reception area, private restroom, and kitchenette support a compact professional office layout.
Property Size784 SF
Price / SF$242.35
Days on Market6
Property Features for 2130 Academy #Suite B
General Information
Standard status
Active
Size
784 SF
Property subtype
Commercial
Additional Details
HOA Fee
$219
Office Units
1
Taxes and HOA fees
Annual Taxes
$2,165
Building Details
Year Built
1981
Owner Occupied
No
Listing Agency:
PINK REALTY INC
Listed By:
JULIE BATULIS ABR C2EX MRP RENE SFR
(719) 963-8660
Source:
Corcoran
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 16 at 9:02AM
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 PINK REALTY INC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 784-square-foot office condominium in Colorado Springs has a reception area, two private offices, a restroom, and a kitchenette with built-in cabinetry and a refrigerator. A security system is installed, and the unit was built in 1981. The space is currently vacant.
Shared, unassigned parking serves the property. The association covers water, exterior maintenance, landscaping, and snow removal. Optional security monitoring is available at the owner’s expense.
Shared, unassigned parking serves the property. The association covers water, exterior maintenance, landscaping, and snow removal. Optional security monitoring is available at the owner’s expense.
Key Highlights
- 784‑square‑foot office condominium
- Reception area, two private offices, restroom, and kitchenette with built‑in cabinetry and refrigerator
- Installed security system; optional monitoring service available at owner's expense
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,718
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$154,360
$154.4K
Cap Rate 7%
$110,257
$110.3K
Cap Rate 9%
$85,756
$85.8K
Market Conditions
NOI Build-Up for 784 SF
Gross rent
$11.8K $15.00/SF
− Vacancy
−$1.5K −$1.88/SF
EGI
$10.3K $13.13/SF
− OpEx
−$2.6K −$3.28/SF
NOI
$7.7K $9.84/SF
Area
Colorado Springs, CO
Vacancy
12.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$154,360
Cap Rate 7%
$110,257
Cap Rate 9%
$85,756
Alternative Uses
Best Use
Office B
$110.3K
$96.5K – $128.6K
NOI $7,718 @ 7.0% cap · market cap 4.06%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$154.8K
$135.5K – $180.6K
NOI $10,838 @ 7.0% cap · market cap 5.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
607
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Colorado Springs, CO
Frequently Asked Questions
What type of property is this?
Office units - A reception area, private restroom, and kitchenette support a compact professional office layout.
Where is this office units located?
The property is located at 2130 Academy #Suite B Colorado Springs, CO.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: 784‑square‑foot office condominium; Reception area, two private offices, restroom, and kitchenette with built‑in cabinetry and refrigerator; Installed security system; optional monitoring service available at owner's expense
