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    415 N Franceville Coal Mine Rd Colorado Springs, CO 80929

    For Sale
    $2,925,000

    Commercial Sale, Other - Colorado Springs, CO

    Days on Market:
    44
    Last Refresh:
    Dec 10 at 5:06 pm

    Property Features for 415 N Franceville Coal Mine Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Architectural style
    Other

    Engel & Völkers Pikes Peak (719) 886-4800 [email protected]

    Listing agent Michael Jacobson (719) 886-4800

    Listing date Oct 28, 2025

    MLS# 4636877 Listing URL

    Copyright © 2025 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Colorado Springs Commercial Land Opportunity

    This commercial property is situated 5 miles east of Marksheffel along Highway 94, approximately midway between Schriever Space Force Base and Peterson Space Force Base. The location offers high visibility on the southeast corner of Highway 94 and Franceville Coal Mine Road, with a recorded traffic volume of 10,500 vehicles per day. The property is positioned within the Colorado Springs Annexation plan for the Highway 94 Corridor, extending towards Schriever SFB and the developing Flying Horse East. The Flying Horse East development encompasses 5,500 acres and is planned to include 30,000 housing units, commercial properties, multiple schools, two golf courses, and hotels. Additional developments in the vicinity include Mayberry, with a plan for 2,550 housing units, and Reagan Ranch, slated for 1,600 units. Schriever Space Force Base is located nearby. The site features 20 acres prepared for RV storage, with opportunities for adjustments in the site development plan. The surrounding area includes two dirt race tracks, Colorado’s largest multi-use gun club, and the recently purchased 1,000-acre Wild Horse Ranch park and open space south on Franceville Coal Mine Road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Wholesale Shop HVAC Service Auto Parts 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
    -104.591003
    Latitude
    38.83509

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    FAQs

    What type of property is this?
    Commercial land - Land near Schriever SFB and Flying Horse East development.
    Where is this commercial land located?
    The property is located at 415 N Franceville Coal Mine Rd Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $2,925,000.
    What are key features of this property?
    This property features: - Located within the Colorado Springs Annexation plan area, near the future Flying Horse East development (30,000 housing units, commercial properties, schools, golf courses, hotels).; - **High-visibility location on Hwy 94 with 10,500 vehicles passing daily.**; - Proximity to Schriever Space Force Base (8,000 employees) and other significant developments (Mayberry, Reagan Ranch).
    (719) 886-4800
    Request Owner's contact information
    415 N Franceville Coal Mine Rd Colorado Springs, CO 80929
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    Colorado Springs, CO 80929
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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

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    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
    415 N Franceville Coal Mine Rd Colorado Springs, CO 80929
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