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Residential Lot Near Olympic Center
For Sale
$135,000

508 Sunset Road, Colorado Springs, CO 80909

Residential lot zoned R-5 near Olympic Training Center.

Property SizeContact for details
Days on Market442

Property Features for 508 Sunset Road

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $1,306
Listing Agency: RE/MAX REAL ESTATE GROUP LLC
Listed By: SHAUNEE BOYD CDPE
Source: Corcoran
Added: Jun 7, 2025 Changed: Mar 16 Last Checked: Aug 16 at 3:28AM

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 RE/MAX REAL ESTATE GROUP LLC

Investment Insights

Based on property information with market context.

This residential lot, zoned R-5, presents an opportunity to construct a dream home or a multi-family unit. The property is located approximately three blocks from the Olympic Training Center and four blocks from UC Health Memorial Hospital.

Key Highlights

  • Rare R‑5 Zoned Lot offers an ideal opportunity for development.
  • Opportunity to build a dream home or multi‑family unit.
  • Located just 3 blocks from the Olympic Training Center.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Real Estate Agency Bakery Food Market Law Firm Catering Service

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

2,047
Businesses Nearby

Demographics for 80909, CO

37,302
Population
16,572
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
7.9 sq mi
ZIP Area
4,722
Density / Sq Mi
$61,777
Median Household Income
$36,894
Median Earnings
$1,227
Median Rent
$352,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot zoned R-5 near Olympic Training Center.
Where is this residential land & home lot located?
The property is located at 508 Sunset Road Colorado Springs, CO.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Rare R‑5 Zoned Lot offers an ideal opportunity for development.; Opportunity to build a dream home or multi‑family unit.; Located just 3 blocks from the Olympic Training Center.
More about this property
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