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    1865 Chelton Rd Colorado Springs, CO 80916

    For Sale
    Contact for pricing

    Prime 4.19-acre infill development site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 4.19-acre commercial land parcel presents a remarkable infill development opportunity in Colorado Springs' vibrant South Academy Retail Corridor. Located at the Northwest corner of South Academy Boulevard and South Chelton Road, this strategically positioned property boasts a generous 211,485 square feet of land, offering significant potential for a variety of commercial uses. The property is zoned PBC/CU, allowing for diverse development options to suit various business needs. Its prime location within the bustling South Academy retail area ensures high visibility and accessibility, making it an ideal site for businesses seeking strong exposure to a large customer base. The land's size and zoning provide ample flexibility for developers to create a project that meets the demands of the market. With its convenient access to major thoroughfares and a thriving commercial environment, this property represents a compelling investment opportunity for those seeking to capitalize on the growth and dynamism of Colorado Springs' South Academy area. The address is 1865 S Chelton Rd, Colorado Springs, CO 80916, situated in El Paso County. The land value is $8 per square foot.

    Property Features for 1865 Chelton Rd

    General Information

    Property type
    Land
    Lot Size
    182,516 SF

    HighLights

    • 211,485 SF commercial land parcel in Colorado Springs' South Academy Retail Corridor.
    • Located at the NW corner of S Academy Blvd & S Chelton Rd.
    • Zoned PBC/CU, allowing diverse development options.
    • High visibility and accessibility in a bustling retail area.
    • $8/SF land value.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -104.7229279
    Latitude
    38.8021891

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    FAQs

    What type of property is this?
    Land - Prime 4.19-acre infill development site.
    Where is this land located?
    The property is located at 1865 Chelton Rd Colorado Springs, CO.
    What are key features of this property?
    This property features: 211,485 SF commercial land parcel in Colorado Springs' South Academy Retail Corridor.; Located at the NW corner of S Academy Blvd & S Chelton Rd.; Zoned PBC/CU, allowing diverse development options.
    Request Owner's contact information
    1865 Chelton Rd 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
    1865 Chelton Rd Colorado Springs, CO 80916
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