Centrally Located Office
New
For Sale
Contact for pricing
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
(719) 520-9500
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.
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
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
NOI $82,085 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,351
Businesses Nearby
Explore this area
Business Placement
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
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.