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    2120 University Park Blvd Colorado Springs, CO 80918

    Sponsored
    For Sale
    $395,000

    1.05-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.05-acre commercial land parcel presents a remarkable investment opportunity in Colorado Springs, Colorado. Located at 2120 University Park Blvd, this property boasts a highly desirable location at the entrance to University Park, just south of the intersection of Vickers and Academy boulevards. The lot offers stunning views of Pikes Peak and is conveniently situated for optimal visibility and accessibility. The property is zoned OC and features a level topography, simplifying development. Importantly, pre-approved plans are in place with the Regional Building Department for a substantial 5,000 square foot building, complete with ample parking provisions. The APN is 6321213006. This property is priced at $395,000 and represents a unique chance to acquire a ready-to-develop site in a thriving Colorado Springs commercial area. The lot's size and location make it ideal for a variety of commercial ventures. Don't miss this chance to secure this exceptional piece of land in a high-growth area. The zip code is 80918. El Paso County is the county location.

    Property Features for 2120 University Park Blvd

    General Information

    Property type
    Land
    Lot Size
    45,738 SF

    HighLights

    • 1.05‑acre commercial lot in Colorado Springs, CO, at 2120 University Park Blvd.
    • Highly visible location at the entrance to University Park, south of Vickers & Academy boulevards, with Pikes Peak views.
    • Level topography, OC zoning, and pre‑approved plans for a 5,000 sq ft building with ample parking.
    • APN 6321213006, priced at $395,000.
    • Ready‑to‑develop site in a high‑growth area, zip code 80918, El Paso County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

    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
    -104.78841033741
    Latitude
    38.910476005902

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    FAQs

    What type of property is this?
    Land - 1.05-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 2120 University Park Blvd Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: 1.05-acre commercial lot in Colorado Springs, CO, at 2120 University Park Blvd.; Highly visible location at the entrance to University Park, south of Vickers & Academy boulevards, with Pikes Peak views.; Level topography, OC zoning, and pre-approved plans for a 5,000 sq ft building with ample parking.
    (719) 200-4610
    Request Owner's contact information
    2120 University Park 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
    2120 University Park Blvd Colorado Springs, CO 80918
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