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    1814 Democracy Pt Colorado Springs, CO 80908

    Sponsored
    For Sale
    $2,400,000

    1.25 Acres, Prime Colorado Springs Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.25-acre commercial land parcel presents a remarkable investment opportunity in Colorado Springs, Colorado. Located at 1814 Democracy Point, zip code 80908, this property boasts a prime location at the southeast corner of Interquest and Voyager Parkway, offering unparalleled access to I-25. The land is zoned PUD (Planned Unit Development), providing flexibility for a variety of commercial uses. With a land value of $44.08 per square foot, the asking price is $2,400,000. The APN is 6220402013. Situated within the rapidly developing Victory Ridge area, this site benefits from its proximity to a thriving mixed-use development featuring major retailers, office spaces, entertainment venues, residential options, and hotels. Future plans for the area include a master-planned community encompassing residential units (townhomes, condos, and apartments), along with a large neighborhood park. This strategic location and the potential for diverse development make this property an exceptional investment prospect in a high-growth area of North Colorado Springs within El Paso County. The property's accessibility and the surrounding amenities create a compelling opportunity for significant return on investment.

    Property Features for 1814 Democracy Pt

    General Information

    Property type
    Land
    Lot Size
    54,450 SF

    HighLights

    • 1.25‑acre commercial land parcel in Colorado Springs, CO (APN 6220402013) at 1814 Democracy Point, zip code 80908.
    • Prime location at the southeast corner of Interquest and Voyager Parkway, with I‑25 access.
    • Zoned PUD, allowing for diverse commercial uses.
    • $2,400,000 asking price, land value $44.08/SF.
    • Located in the Victory Ridge area, near major retailers, offices, entertainment, and residential developments.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store Gym & Fitness Kitchen & Bath HVAC Service Garden Center Electrical Service

    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
    -104.79647237985
    Latitude
    38.988320320893

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    FAQs

    What type of property is this?
    Land - 1.25 Acres, Prime Colorado Springs Location
    Where is this land located?
    The property is located at 1814 Democracy Pt Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: 1.25-acre commercial land parcel in Colorado Springs, CO (APN 6220402013) at 1814 Democracy Point, zip code 80908.; Prime location at the southeast corner of Interquest and Voyager Parkway, with I-25 access.; Zoned PUD, allowing for diverse commercial uses.
    (719) 418-4065
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    1814 Democracy Pt Colorado Springs, CO 80908
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    Colorado Springs, CO 80908
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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.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    1814 Democracy Pt Colorado Springs, CO 80908
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