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    3908 Palmer Park Blvd Colorado Springs, CO 80909

    For Sale
    $464,349

    0.82-acre commercial lot, prime Palmer Park Blvd location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.82-acre commercial land parcel presents a unique investment opportunity in Colorado Springs, Colorado. Located at 3908 Palmer Park Blvd, this property boasts high visibility due to its frontage on a lighted, full-movement intersection. The lot is zoned M1, offering flexibility for a variety of commercial uses. The asking price is $464,349, translating to a land value of $13 per square foot. This highly desirable location ensures convenient access for businesses and customers alike. The property's features include ample space for truck parking and multiple loading areas, making it ideal for businesses requiring significant logistical capabilities. Building signage is also available, providing excellent opportunities for brand visibility. While the building itself was fully renovated in 2023, this listing is specifically for the land. The property's high passenger vehicle ratio and convenient access points contribute to its strong commercial potential. This is a rare opportunity to acquire a well-situated commercial lot in a thriving Colorado Springs location. The address is 3908 Palmer Park Blvd, Colorado Springs, CO 80909. El Paso County.

    Property Features for 3908 Palmer Park Blvd

    General Information

    Property type
    Land
    Lot Size
    35,719 SF

    HighLights

    • Fully renovated in 2023.
    • High visibility at a lighted, full‑movement intersection.
    • Convenient access and high passenger vehicle ratio.
    • Ample truck parking and multiple loading areas.
    • Building signage available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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
    -104.7556359
    Latitude
    38.8543987

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    FAQs

    What type of property is this?
    Land - 0.82-acre commercial lot, prime Palmer Park Blvd location.
    Where is this land located?
    The property is located at 3908 Palmer Park Blvd Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $464,349.
    What are key features of this property?
    This property features: Fully renovated in 2023.; High visibility at a lighted, full-movement intersection.; Convenient access and high passenger vehicle ratio.
    Request Owner's contact information
    3908 Palmer Park Blvd Colorado Springs, CO 80909
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    Colorado Springs, CO 80909
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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
    3908 Palmer Park Blvd Colorado Springs, CO 80909
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