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    Astrozon Blvd Colorado Springs, CO 80910

    Sponsored
    For Sale
    $860,000

    Colorado Springs development opportunity. High-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3.6-acre commercial land parcel presents a unique investment opportunity in the thriving Colorado Springs market. Located on the northeast corner of Hancock Expressway and Astrozon Boulevard, this property boasts an enviable position adjacent to a bustling retail center anchored by a King Soopers grocery store, further complemented by a Dollar Tree and Huntington Bank. The site's strategic location ensures high visibility and significant traffic exposure, making it ideal for a variety of commercial developments. The property is zoned MXM, permitting new retail construction, aligning perfectly with the existing commercial landscape. The parcel's size offers ample space for a substantial development project, catering to the needs of a growing community. With its prime location, favorable zoning, and high traffic counts, this property represents a compelling investment prospect with significant potential for future growth and return. The APN is 6434100005. The asking price is $860,000. This exceptional opportunity is situated in El Paso County, Colorado, with a zip code of 80910.

    Property Features for 0 Astrozon Blvd

    General Information

    Property type
    Land
    Lot Size
    156,816 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.76243780703
    Latitude
    38.791081819481

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    FAQs

    What type of property is this?
    Land - Colorado Springs development opportunity. High-traffic location.
    Where is this land located?
    The property is located at Astrozon Blvd Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $860,000.
    Request Owner's contact information
    Astrozon Blvd Colorado Springs, CO 80910
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    Colorado Springs, CO 80910
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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
    Astrozon Blvd Colorado Springs, CO 80910
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