Two-Office Condominium
New
For Sale
$190,000
2130 Academy Circle, Colorado Springs, CO 80909
Commercial, Colorado Springs, CO
Property Size784 SF
Price / SF$242.35
Days on Market3
Property Features for 2130 Academy Circle
General Information
Property type
Commercial Sale
Property subtype
Office
Standard status
Active
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2165
Building Details
Year built
1981
Listing Agency:
Pink Realty Inc
(719) 888-7465
Listed By:
Julie Batulis ABR C2EX MRP RENE SFR · License #EA.100078183
(719) 963-8660
Added: Oct 12
Last Checked: Oct 14 at 2:06PM
MLS# 8797268
Copyright © 2026 elevateMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 784-square-foot office condominium was built in 1981 and is currently vacant. The layout includes a reception area, two private offices, a restroom, and a kitchenette with built-in cabinetry and a refrigerator. A security system is installed.
Shared, unassigned parking serves the property. The association fee covers water, exterior upkeep, landscaping, and snow removal.
Shared, unassigned parking serves the property. The association fee covers water, exterior upkeep, landscaping, and snow removal.
Key Highlights
- 784‑square‑foot office condominium
- Two private offices, reception area, restroom, and kitchenette
- Kitchenette has built‑in cabinetry and a refrigerator
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
Location Intelligence
Trade Area within ½ mile
891
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - A vacant, furnished-with-fixtures office layout includes a reception area, kitchenette, and shared parking.
Where is this office units located?
The property is located at 2130 Academy Circle 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; Two private offices, reception area, restroom, and kitchenette; Kitchenette has built‑in cabinetry and a refrigerator
