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    Office Condo Near Academy Blvd Title is generated by Realmo AI

    3612 Galley Rd, Colorado Springs, CO

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    Office condo with recent upgrades and convenient location.

    Type:OFFICE
    Property size:
    986 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $181/SF
    Added:
    Nov 17, 2025
    Days on Market:
    206
    Last Refresh:
    May 19 at 9:22 pm

    Property Features for 3612 Galley Rd

    General Information

    Standard status
    Active
    Size
    986 SF
    Lot size
    0.13 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Lester Colodny

    Listing agent Lester Colodny

    Listing office Lester Colodny

    Listing date Nov 17, 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 Lester Colodny

    HighLights

    • Excellent access and location near Galley Rd and Academy Blvd.
    • Ideal for service or medical provider.
    • Features waiting room, reception area, 4 large offices, utility/storage room and private restroom.
    • Seller Financing available for qualified Buyers.
    • Recently replaced flooring.
    • New paint throughout.

    Overview

    This 986-square-foot condo unit features a waiting room, reception area, four large offices, a utility/storage room, and a private restroom. The property has been recently updated with new flooring and paint throughout. Situated near Galley Road and Academy Boulevard, the location offers excellent access. This property is suitable for service or medical providers. Seller financing options are available for qualified buyers.

    Local Financial Insights For Healthcare Medical

    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 $20.1k $20.40
    − Vacancy −$1.6k −$1.63
    EGI $18.5k $18.77
    − OpEx −$7.4k −$7.51
    NOI $11.1k $11.26
    986 SF · lease $20.40/SF/yr · vacancy 8.00% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $158.6K
    $138.8K – $185.1K (±1% cap)
    NOI $11,103 @ 7.0% cap · market cap 6.20%
    Second Best
    Office B
    $138.7K
    $121.3K – $161.8K (±1% cap)
    NOI $9,706 @ 7.0% cap · market cap 5.42%
    Theoretical Best
    Specialty Retail
    $194.7K
    $170.4K – $227.2K (±1% cap)
    NOI $13,630 @ 7.0% cap · market cap 7.61%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Olsen Lonnie E ... Dental Office Redeemer's Heart Church Church N10 Massage. Alternative Medicine Practice Good Shepherd Acupuncture ... Medical Clinic JYH-MEI LIU Alternative Medicine Practice

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.761
    Latitude
    38.8476

    FAQs

    What type of property is this?
    Office units - Office condo with recent upgrades and convenient location.
    Where is this office units located?
    The property is located at 3612 Galley Rd Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $179,000.
    What are key features of this property?
    This property features: Excellent access and location near Galley Rd and Academy Blvd.; Ideal for service or medical provider.; Features waiting room, reception area, 4 large offices, utility/storage room and private restroom.
    (719) 217-5548 Call to check price and availability
    More about this property
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