Office Condo with Private
2928 Straus Lane suite 210, Colorado Springs, CO 80907
For Sale
New
$450,000
MX-M zoning accommodates professional, medical, therapy, and administrative uses.
Property Size1,655 SF
Price / SF$271.90
Days on Market5
Property Features for 2928 Straus Lane suite 210
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Highway Access
Additional Details
Property Use
Amenities
private outdoor deck
Listing Agency:
Hoff & Leigh
(719) 630-2277
Listed By:
Holly Trinidad · License CO ER.100022369
(719) 337-0999
Source:
Hoffleigh
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 14 at 2:01AM
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 Hoff & Leigh
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Investment Insights
Based on property information with market context.
This 1,655-SF office condo includes multiple private offices, a conference room, reception area, and private outdoor deck. The suite is available immediately within an established professional office setting, with on-site parking. MX-M zoning supports a range of professional, medical, therapy, and administrative uses.
Located at 2928 Straus Lane, Suite 210, the property is less than 2 minutes from I-25 and Fillmore. Its access to I-25 connects the office with Downtown, Uptown, and the broader Colorado Springs employment corridor.
Located at 2928 Straus Lane, Suite 210, the property is less than 2 minutes from I-25 and Fillmore. Its access to I-25 connects the office with Downtown, Uptown, and the broader Colorado Springs employment corridor.
Key Highlights
- 1,655‑SF office condo available immediately
- Multiple private offices, conference room, and reception area
- Private outdoor deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,291
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,820
$325.8K
Cap Rate 7%
$232,729
$232.7K
Cap Rate 9%
$181,011
$181.0K
Market Conditions
NOI Build-Up for 1,655 SF
Gross rent
$24.8K $15.00/SF
− Vacancy
−$3.1K −$1.88/SF
EGI
$21.7K $13.13/SF
− OpEx
−$5.4K −$3.28/SF
NOI
$16.3K $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%
$325,820
Cap Rate 7%
$232,729
Cap Rate 9%
$181,011
Alternative Uses
Best Use
Office B
$232.7K
$203.6K – $271.5K
NOI $16,291 @ 7.0% cap · market cap 3.62%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$326.8K
$286.0K – $381.3K
NOI $22,879 @ 7.0% cap · market cap 5.08%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
497
Businesses Nearby
Explore this area
Business Placement
Demographics for 80907, CO
28,806
Population
13,250
Households
2.2
Avg Household Size
40
Median Age
40%
College-Educated
93%
High-School Grad
9.8 sq mi
ZIP Area
2,939
Density / Sq Mi
$71,393
Median Household Income
$41,355
Median Earnings
$1,392
Median Rent
$371,200
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Colorado Springs, CO
Properties on Market for Office Units in Colorado Springs
Vacancy Rate% for Office in Colorado Springs, CO
Frequently Asked Questions
What type of property is this?
Office unit - MX-M zoning accommodates professional, medical, therapy, and administrative uses.
Where is this office unit located?
The property is located at 2928 Straus Lane suite 210 Colorado Springs, CO.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1,655‑SF office condo available immediately; Multiple private offices, conference room, and reception area; Private outdoor deck
