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    Bent Grass Mdws Rd & Meridian Rd Peyton, CO 80831

    Sponsored
    For Sale
    $850,000

    High-traffic retail space, vacant, ground lease.

    Property size:
    4,625 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,625 square foot retail property, located at the intersection of Bent Grass Meadows Rd and Meridian Rd in Falcon, Colorado (zip code 80831), presents a unique investment opportunity. Currently vacant, this property sits on a 0.776-acre lot and is zoned C5, allowing for a variety of commercial uses. The asking price is $850,000, with a separate ground lease available for $85,000. The property benefits from excellent visibility and accessibility, situated along one of Colorado Springs' busiest roadways. Its strategic location is further enhanced by its proximity to a newly constructed 120,000 square foot King Soopers supermarket, providing significant shadow anchor benefits. The area is experiencing substantial residential growth, ensuring a strong and expanding customer base. This property offers a compelling combination of prime location, substantial size, and significant development potential, making it an ideal investment for discerning buyers seeking a high-return opportunity in a rapidly growing market. El Paso County provides a stable and business-friendly environment.

    Property Features for 0 Bent Grass Mdws Rd & Meridian Rd

    General Information

    Property type
    Retail properties
    Square Feet
    4,625 SF
    Lot Size
    33,803 SF

    HighLights

    • Excellent visibility and accessibility on a heavily trafficked Colorado Springs roadway.
    • Shadow anchored by a new 120,000 SF King Soopers supermarket.
    • Surrounded by new residential development.
    • 0.776‑acre lot available.
    • C5 zoning allows for diverse commercial uses.
    • Located in Falcon, El Paso County, Colorado.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Peyton
    County
    El Paso
    State
    Colorado
    Longitude
    -104.6077288
    Latitude
    38.9498107

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, vacant, ground lease.
    Where is this retail property located?
    The property is located at Bent Grass Mdws Rd & Meridian Rd Peyton, 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: Excellent visibility and accessibility on a heavily trafficked Colorado Springs roadway.; Shadow anchored by a new 120,000 SF King Soopers supermarket.; Surrounded by new residential development.
    (719) 577-0044
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    Bent Grass Mdws Rd & Meridian Rd Peyton, CO 80831
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Bent Grass Mdws Rd & Meridian Rd Peyton, CO 80831
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