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    4020 Center Park Dr Colorado Springs, CO 80916

    For Sale
    $1,250,000

    1.9-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.9-acre commercial land parcel, located at 4020 Center Park Dr, Colorado Springs, CO 80916, presents a unique investment opportunity. Zoned MX-M/PAO, this property offers significant potential for development. The lot size totals approximately 83,133 square feet, with a land value of $15.04 per square foot, resulting in an asking price of $1,250,000. Strategically situated at the southeast corner of Academy Park Loop and East Fountain Boulevard, this pad site boasts exceptional visibility, benefiting from over 38,000 vehicles passing daily on East Fountain Boulevard. Its prime location offers significant advantages, including proximity to a brand-new, extended-stay premier hotel and convenient access to the Colorado Springs Airport. An onsite detention pond is included, simplifying development considerations. This highly visible and accessible location makes it ideal for a variety of commercial ventures. The property's size and zoning provide ample flexibility for various development plans, making it an attractive investment for discerning buyers seeking a high-impact commercial property in a thriving Colorado Springs market. Don't miss this chance to acquire a premier commercial land parcel in a rapidly growing area.

    Property Features for 4020 Center Park Dr

    General Information

    Property type
    Land
    Lot Size
    82,764 SF

    HighLights

    • $1,250,000 asking price for 1.9 acres of commercial land.
    • MX‑M/PAO zoning.
    • 83,133 square foot pad site available.
    • Adjacent to a new extended‑stay hotel and near Colorado Springs Airport.
    • High visibility location at the southeast corner of Academy Park Loop and E Fountain Boulevard, with over 38,000 vehicles passing daily.
    • On‑site detention pond included.
    Property Profile 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
    -104.752003
    Latitude
    38.812547

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    FAQs

    What type of property is this?
    Land - 1.9-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 4020 Center Park Dr Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: $1,250,000 asking price for 1.9 acres of commercial land.; MX-M/PAO zoning.; 83,133 square foot pad site available.
    (719) 577-0044
    Request Owner's contact information
    4020 Center Park Dr 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
    4020 Center Park Dr Colorado Springs, CO 80916
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