2950 N Academy Blvd, Colorado Springs, CO
7,263 SF office building with owner-user opportunity.
- Added:
- Jun 30, 2025
- Days on Market:
- 348
- Last Refresh:
- May 19 at 8:49 pm
Property Features for 2950 N Academy Blvd
General Information
- Standard status
- Active
- Size
- 7,263 SF
- Lot size
- 0.55 Acres
- Property subtype
- OFFICE
Listing agent Michael Suggs License #FA.100088508 (719) 338-4555
Listing office NAI Highland, LLC (719) 338-4555
Listing date Jun 30, 2025
Source Moodyscre
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 NAI Highland, LLC
HighLights
- Approx 3,738 SF Available for Owner User
- Building Size: 7,263 SF
- Situated on a 0.56 Acre Lot
- Zoning: MX‑N
- Built in 1978
- Taxes (2024): $12,659.40
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.9k | $15.00 |
| − Vacancy | −$13.6k | −$1.88 |
| EGI | $95.3k | $13.13 |
| − OpEx | −$23.8k | −$3.28 |
| NOI | $71.5k | $9.84 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.758
- Latitude
- 38.8746
