Office Building Near
For Sale
$360,000
415 E Bijou St, Colorado Springs, CO 80903
Office building near I-25 and Downtown Colorado Springs.
Property Size1,750 SF
Price / SF$205.71
Days on Market337
Property Features for 415 E Bijou St
General Information
Standard status
Active
Size
1,750 SF
Property subtype
Residential
Site & Location
Neighborhood
Middle Shooks Run
Taxes and HOA fees
Annual Taxes
$1,596
Listing Agency:
Your Castle Real Estate Inc
(303) 962-4272
Listed By:
Nate Biggs
(303) 257-6495
Source:
Exprealty
Added: Nov 25, 2025
Changed: Oct 26
Last Checked: Oct 26 at 5:28PM
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 Your Castle Real Estate Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property features an office building located near I-25, in close proximity to Downtown Colorado Springs. The site includes a primary three-story office building and a secondary, freestanding building. Signage opportunities are available along W Bijou St. The property, with a size of 3476 square feet, can be occupied by a buyer as an owner/user or converted into an investment property.
Key Highlights
- Located just off I‑25 and close to Downtown Colorado Springs.
- Two buildings on the property: a main 3‑floor office building and a secondary freestanding building.
- Signage availability along W Bijou St.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,227
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,540
$344.5K
Cap Rate 7%
$246,100
$246.1K
Cap Rate 9%
$191,411
$191.4K
Market Conditions
NOI Build-Up for 1,750 SF
Gross rent
$26.3K $15.00/SF
− Vacancy
−$3.3K −$1.88/SF
EGI
$23.0K $13.13/SF
− OpEx
−$5.7K −$3.28/SF
NOI
$17.2K $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%
$344,540
Cap Rate 7%
$246,100
Cap Rate 9%
$191,411
Alternative Uses
Best Use
Office B
$246.1K
$215.3K – $287.1K
NOI $17,227 @ 7.0% cap · market cap 4.79%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$345.6K
$302.4K – $403.2K
NOI $24,192 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,631
Businesses Nearby
Explore this area
Business Placement
Demographics for 80903, CO
15,944
Population
8,340
Households
1.9
Avg Household Size
34
Median Age
39%
College-Educated
95%
High-School Grad
5.4 sq mi
ZIP Area
2,953
Density / Sq Mi
$59,292
Median Household Income
$35,251
Median Earnings
$1,221
Median Rent
$420,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Colorado Springs, CO
Frequently Asked Questions
What type of property is this?
Office building - Office building near I-25 and Downtown Colorado Springs.
Where is this office building located?
The property is located at 415 E Bijou St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Located just off I‑25 and close to Downtown Colorado Springs.; Two buildings on the property: a main 3‑floor office building and a secondary freestanding building.; Signage availability along W Bijou St.
