Office Building with ADU
528 N Tejon St Colorado Springs, CO
528 N Tejon St, Colorado Springs, CO, 00000
Contact for pricing
For Sale
Contact for pricing
Office property featuring a detached ADU cottage and ample parking.
Property Size2,698 SF
Lot Size0.22 Acres
Price / SF$315.05
Days on Market235
Property Features for 528 N Tejon St
General Information
- Standard status
- Active
- Size
- 2,698 SF
- Lot size
- 0.22 Acres
- Property subtype
- OFFICE
Properties For Sale
at 528 N Tejon St Contact us
Listing Agency
Fountain Colony LLC
(719) 389-1301
Listed by
Gary Feffer, SIOR
(719) 389-1301
Source
Moodyscre
Added: Nov 25, 2025 Checked: Jul 17 at 3:44 am
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 Fountain Colony LLC
Investment Insights
Based on property information with market context.
This 2,698 square foot property is located between Downtown and Colorado College. It features a detached residential cottage (ADU), a detached garage suitable for car or storage, and abundant on-site parking. A concrete parking lot is situated at the rear of the property. The building was renovated in 1990 and is air conditioned.
Key Highlights
- Prime Location: Situated between Downtown (CBD) and Colorado College.
- Detached Accessory Dwelling Unit (ADU) Cottage.
- Abundant Onsite Parking.
Local 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 | $40.5k | $15.00 |
| − Vacancy | −$5.1k | −$1.88 |
| EGI | $35.4k | $13.13 |
| − OpEx | −$8.9k | −$3.28 |
| NOI | $26.6k | $9.84 |
2,698 SF · lease $15.00/SF/yr · vacancy 12.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$379.4K
$332.0K – $442.6K
NOI $26,558 @ 7.0% cap · market cap 3.12%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$532.8K
$466.2K – $621.6K
NOI $37,297 @ 7.0% cap · market cap 4.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Law Office of Mark ...
Law Firm
Atomic Cowboy
Bar & Pub
AXC
Bar & Pub
Fat Sully's Pizza
Restaurant
Denver Biscuit Company
Restaurant
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FAQs
What type of property is this?
Office building - Office property featuring a detached ADU cottage and ample parking.
Where is this office building located?
The property is located at 528 N Tejon St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Prime Location: Situated between Downtown (CBD) and Colorado College.; Detached Accessory Dwelling Unit (ADU) Cottage.; Abundant Onsite Parking.
