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    2960 Academy Blvd Colorado Springs, CO 80917

    Sponsored
    For Sale
    $1,300,000

    Colorado Springs Office Building - $1.3M

    Property size:
    7,356 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story, 7,356 square foot executive office building in Colorado Springs, Colorado, is situated on a 0.52-acre lot at 2960 N Academy Blvd, zip code 80917. Built in 1978, the Class B property boasts prominent frontage and high visibility on the North Academy corridor, south of Austin Bluffs. The building features a recently remodeled first floor and several existing leases, presenting a compelling owner-user opportunity with potential for additional rental income. The property is zoned OC and benefits from the ongoing growth in the Academy corridor. The 2023 property taxes were $18,104.02. This move-in-ready building offers a rare combination of attractive office space and investment potential, making it a highly desirable acquisition in a competitive market. The asking price is $1,300,000, translating to $176.73 per square foot.

    Property Features for 2960 Academy Blvd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,356 SF
    Class
    B
    Lot Size
    22,651 SF

    Building Details

    Year Built
    1978
    Buildings
    1
    Stories
    2

    HighLights

    • 7,356 SF building.
    • 0.52‑acre lot.
    • OC zoning.
    • 1978 construction.
    • $18,104.02 annual property taxes (2023).
    • First‑floor remodel completed.
    Property Profile Location Intelligence

    Current Use by Public Records

    T-Mobile Cell Phone Store Bare Skin Beauty ... Skin Care Clinic Lily Massage Suites Massage Therapist Care Planners Senior Citizen Center Kneaded Balance Massage ... Massage Therapist

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply 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
    -104.7575469
    Latitude
    38.8749275

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    FAQs

    What type of property is this?
    Office Property / Space - Colorado Springs Office Building - $1.3M
    Where is this office property / space located?
    The property is located at 2960 Academy Blvd Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: 7,356 SF building.; 0.52-acre lot.; OC zoning.
    (719) 577-0044
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    2960 Academy Blvd Colorado Springs, CO 80917
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    Colorado Springs, CO 80917
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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
    2960 Academy Blvd Colorado Springs, CO 80917
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