Property summary
This exceptional two-story medical office building, located at 3090 North Academy Boulevard in Colorado Springs, Colorado, presents a compelling owner-user or investment opportunity. The 9,402 square foot building, constructed in 1973 and boasting numerous upgrades, sits on a 33,036 square foot lot and includes 48 parking spaces. The building features approximately 6,422 square feet on the main floor and 2,980 square feet on the lower level, each with its own separate access via south and west entrances. The structure is a combination of concrete block and wood frame with stucco and stone veneer. Interior finishes include painted drywall. The property benefits from high visibility due to monument signage from Academy Boulevard and its convenient location southwest of the intersection of North Academy Boulevard and Parkmoor Village Drive. The building's zoning is OC. A new roof was installed in November 2021. The lower level (2,980 SF) offers potential for a smaller tenant. This Class B property is listed at $1,395,000, resulting in a price per square foot of $159.54. The property consists of one building on one unit. This is an ideal opportunity for a medical practice seeking a prominent location with ample parking.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Physician
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
B. OC - Office complex: This zone district accommodates various types of office uses performing administrative, professional and personal services. These are typically small office buildings developed in a cluster with a…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
OC · Colorado Springs, COB. OC - Office complex: This zone district accommodates various types of office uses performing administrative, professional and personal services. These are typically small office buildings developed in a cluster with a…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
B. OC - Office complex: This zone district accommodates various types of office uses performing administrative, professional and personal services. These are typically small office buildings developed in a cluster with a…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OC in Colorado Springs, CO.
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