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    2154 Academy Blvd Colorado Springs, CO 80916

    Sponsored
    For Sale
    $295,000

    .72-acre commercial lot, prime location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional .72-acre commercial land parcel, located at 2154 S Academy Blvd in Colorado Springs, Colorado, presents a unique investment opportunity. Zoned PBC, this property allows for a variety of retail and office uses, making it ideal for a range of businesses. Boasting 490 feet of frontage on Academy Boulevard, the lot offers excellent visibility and accessibility. The property benefits from a full-turn intersection at El Morro and Academy, ensuring high traffic flow. An easement provides convenient access to El Morro Road. With a total lot size of 31,398 square feet (0.72 acres), the possibilities are endless. The surrounding area demonstrates strong demographics, including a 2022 population of 232,507 within a 5-mile radius and an average household income of $63,829. Potential uses include quick-serve restaurants, retail stores, medical or dental offices, car washes, and clothing stores. The asking price is $295,000, and the APN is 6427417008. This property is situated in El Paso County, Colorado, with a zip code of 80916. Don't miss this chance to secure a prime commercial location in a thriving Colorado Springs neighborhood.

    Property Features for 2154 Academy Blvd

    General Information

    Property type
    Land
    Lot Size
    31,363 SF

    HighLights

    • PBC zoning allows for retail and office uses.
    • Direct Academy Boulevard access.
    • 490 feet of Academy Boulevard frontage.
    • El Morro Road easement access.
    • High‑traffic full‑turn intersection at El Morro and Academy Boulevards.
    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
    -104.758156
    Latitude
    38.801614

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    FAQs

    What type of property is this?
    Land - .72-acre commercial lot, prime location
    Where is this land located?
    The property is located at 2154 Academy Blvd Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: PBC zoning allows for retail and office uses.; Direct Academy Boulevard access.; 490 feet of Academy Boulevard frontage.
    (719) 309-3900
    Request Owner's contact information
    2154 Academy Blvd 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
    2154 Academy Blvd Colorado Springs, CO 80916
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