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    4905 Union Blvd Colorado Springs, CO 80918

    For Lease
    $15 SF/Yr ($19,942 /Mo)

    Prime Union Blvd location, 15,672 sq ft

    Lot size:
    15,672 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional three-story office building, situated at 4905 N Union Blvd in Colorado Springs, CO 80918, offers a prime location just one block south of Academy Boulevard. Boasting 15,672 square feet of total space, the building features a convenient and highly visible street presence. Currently, 1,512 square feet are vacant, presenting an immediate opportunity for a new tenant. The building is handicap accessible, equipped with an automated entry door and elevator for easy access from the ample on-site parking (47 spaces). Suite 100, a ground floor space of 1,100 square feet, is particularly well-suited for professional use, featuring two private offices, a kitchen area with a sink, and a spacious multi-purpose room ideal for a reception or waiting area. The property sits on a 0.71-acre lot and is zoned PBC. The lease is a modified gross lease, with tenants responsible for their pro-rata share of utilities and landscaping maintenance. This building provides excellent signage opportunities and high visibility, making it an ideal location for a variety of businesses. Don't miss this chance to secure a prominent space in a thriving Colorado Springs location.

    Property Features for 4905 Union Blvd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,672 SF
    Total Rate
    19942.62

    Building Details

    Stories
    3

    Unit(s) available at that property

    Space
    100
    Size
    1,100 SF
    Rate per SF
    $15
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    William Marsh & Associates Tax Preparation Service Advanced Therapy Medical Clinic Prudential-Steinert Financial Group Insurance Agency Anderson & Lopez Attorney Colorado Hypnosis Consultant

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -104.7760233
    Latitude
    38.9029806

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    FAQs

    What type of property is this?
    Office space - Prime Union Blvd location, 15,672 sq ft
    Where is this office space located?
    The property is located at 4905 Union Blvd Colorado Springs, CO.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    Request Owner's contact information
    4905 Union Blvd Colorado Springs, CO 80918
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    Colorado Springs, CO 80918
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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
    4905 Union Blvd Colorado Springs, CO 80918
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