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    1235 Lake Plaza Dr Colorado Springs, CO 80906

    For Lease
    $17 SF/Yr

    Colorado Springs Office, 2,348 sq ft.

    Lot size:
    2,348 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional office space, located at 1235-1255 Lake Plaza Drive in Colorado Springs, Colorado, offers 2,348 square feet of versatile workspace. Currently undergoing extensive renovations, both interior and exterior, this property promises a modern and updated office environment. The suite features 10-11 individual offices, a welcoming reception area, a dedicated conference room, and two convenient in-suite restrooms. Elevator access is provided for ease of movement throughout the building. Situated in the southwest area of Colorado Springs, this location boasts exceptional visibility from Lake Plaza Drive and benefits from easy access to I-25. Ample parking is available for tenants and clients, and the property is within walking distance of various restaurants. Its proximity to the renowned Broadmoor Hotel adds to its prestigious location. The property is zoned PBC and is part of a multi-tenant building in El Paso County, Colorado, with the zip code 80906. This is an excellent opportunity to secure a well-located, renovated office space in a thriving Colorado Springs business district.

    Property Features for 1235 Lake Plaza Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,348 SF

    Unit(s) available at that property

    Space
    231-251
    Size
    2,348 SF
    Rate per SF
    $17

    HighLights

    • Abundant on‑site parking.
    • Elevator service available.
    • Convenient access to I‑25.
    • Adaptable floor plans to suit various needs.
    • Newly landscaped grounds.
    • Gross lease structure.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Richardson Tom H ... Dentist Rebecca Brennan Marriage Or Relationship Counselor Caplan Eric L ... Otolaryngologist Morgan Esthetics Facial Spa Mountain Light Healing, ... Alternative Medicine Practitioner

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -104.8058375
    Latitude
    38.7950783

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    FAQs

    What type of property is this?
    Office Property / Space - Colorado Springs Office, 2,348 sq ft.
    Where is this office property / space located?
    The property is located at 1235 Lake Plaza Dr Colorado Springs, CO.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: Abundant on-site parking.; Elevator service available.; Convenient access to I-25.
    Request Owner's contact information
    1235 Lake Plaza Dr Colorado Springs, CO 80906
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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
    1235 Lake Plaza Dr Colorado Springs, CO 80906
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