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3540 Austin Bluffs Pkwy, Colorado Springs, CO 80918

Office building offering convenient access and ample parking just west of N Academy Blvd.

Property Size4,588 SF
Price / SF$173.71
Days on Market5

Property Features for 3540 Austin Bluffs Pkwy

General Information

Standard status Active
Size 4,588 SF
Property subtype OFFICE
Listing Agency: Front Range Commercial LLC
Listed By: Jay Carlson · License #ER.000271191
Source: Moodyscre
Added: Jul 27 Changed: Jul 28 Last Checked: Jul 31 at 12:02PM

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 Front Range Commercial LLC

Investment Insights

Based on property information with market context.

This centrally located office building is available for sale and includes convenient parking for day-to-day business operations. The property is positioned for accessibility and is minutes from the UCCS campus.

The building sits just west of N Academy Blvd, with an easy approach designed to support tenant and visitor access. Ample parking helps accommodate staff and meetings.

With 4,588 square feet, the space is suited for office users looking for a well-connected location in Colorado Springs, CO.

Key Highlights

  • Office building just west of N Academy Blvd.
  • Minutes from UCCS campus.
  • Convenient access with ample parking.

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 $100.8k $21.96
− Vacancy −$10.5k −$2.28
EGI $90.3k $19.68
− OpEx −$22.6k −$4.92
NOI $67.7k $14.76
4,588 SF · lease $21.96/SF/yr · vacancy 10.40% · expense 25.00%

Alternative Uses

Best Use
Office B
$967.2K
$846.3K – $1.13M (±1% cap)
NOI $67,706 @ 7.0% cap · market cap 8.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M (±1% cap)
NOI $82,085 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

A Good Life Counseling Counselor American National Insurance ... Insurance Agency Shepard of the Spg Lutheran ... Church The Junkyard Hounds Hardware & Home Improvement Turnbull Hot Tub ... Kitchen & Bath Showroom

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility Hotel & Motel Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,351
Businesses Nearby

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

Market

Vacancy Rate% for Office in Colorado Springs, CO

7.9% 2019
8.1% 2020
9.3% 2021
8.5% 2022
10.6% 2023
9.5% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office building offering convenient access and ample parking just west of N Academy Blvd.
Where is this office building located?
The property is located at 3540 Austin Bluffs Pkwy Colorado Springs, CO.
What is the asking price?
The asking price for this property is $797,000.
What are key features of this property?
This property features: Office building just west of N Academy Blvd.; Minutes from UCCS campus.; Convenient access with ample parking.
(719) 520-9500 Call to check price and availability
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