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    350 Runway Pt Colorado Springs, CO 80916

    For Sale
    Contact for pricing

    High-traffic location, 1.34 acres.

    Property size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1-square-foot retail property presents a unique investment opportunity in Colorado Springs, Colorado. Situated at 350 Runway Point, this strategically located parcel boasts a prime position at the west entrance to Peterson Air Force Base, home of the U.S. Space Command Center. The property's 1.34-acre lot size is a rarity in this area, offering significant development potential. Its location within the Pikes Peak Enterprise Zone provides attractive tax incentives. The site benefits from exceptional visibility and accessibility, with convenient proximity to Colorado Springs Airport and Interstate 25. The high-traffic intersection of Powers Boulevard and Airport Road sees over 67,000 vehicles daily, ensuring significant exposure for any business. Furthermore, the property is within walking distance of Sand Creek and future retail developments, promising continued growth and increased foot traffic. The property is zoned MX-M City of Colorado Springs, allowing for a variety of retail uses. This is a rare opportunity to acquire a substantial parcel in a rapidly developing area with exceptional visibility and access to a large and diverse customer base.

    Property Features for 350 Runway Pt

    General Information

    Property type
    Retail properties
    Square Feet
    1 SF
    Lot Size
    58,370 SF

    Building Details

    Stories
    1

    HighLights

    • Excellent location at the west entrance to Peterson Air Force Base, home of U.S. Space Command.
    • Located in a Pikes Peak Enterprise Zone.
    • Minutes from Colorado Springs Airport and I‑25.
    • Large, rare parcel available.
    • High traffic count: over 67,000 vehicles per day at Powers Blvd & Airport Rd intersection.
    • Walkable to Sand Creek and future retail development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Clothing Store Kitchen & Bath Discount Store Electronics Store Electrical Service Furniture Store Travel Agency Tech Support Center Auto Repair Shop

    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
    -104.728407
    Latitude
    38.8279179

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    FAQs

    What type of property is this?
    Retail property - High-traffic location, 1.34 acres.
    Where is this retail property located?
    The property is located at 350 Runway Pt Colorado Springs, CO.
    What are key features of this property?
    This property features: Excellent location at the west entrance to Peterson Air Force Base, home of U.S. Space Command.; Located in a Pikes Peak Enterprise Zone.; Minutes from Colorado Springs Airport and I-25.
    (719) 200-9328
    Request Owner's contact information
    350 Runway Pt Colorado Springs, CO 80916
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    Colorado Springs, CO 80916
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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
    350 Runway Pt Colorado Springs, CO 80916
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