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    Swc Milton Proby Pkwy & Cresterra Pkwy Colorado Springs, CO 80916

    For Sale
    Contact for pricing

    Colorado Springs Commercial Land - Sale/Lease

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    Prime commercial land for sale or ground lease in Colorado Springs' rapidly developing Peak Innovation Park. This exceptional opportunity presents multiple pad sites ranging from 1.7 to 6.1 acres, ideally suited for a variety of commercial developments. Located at the southwest corner of Milton Proby Parkway and Cresterra Parkway, the property boasts a highly visible location within a burgeoning area of El Paso County, Colorado, zip code 80916. The site's strategic position offers excellent access to major transportation arteries, ensuring convenient connectivity for businesses and their clientele. This is a rare chance to capitalize on the significant growth potential of this underserved market. The flexible options of outright purchase or ground lease allow for tailored investment strategies to meet diverse business needs. The expansive lot sizes provide ample space for substantial commercial projects, from retail centers and restaurants to office buildings and light industrial facilities. With its strategic location and significant acreage, this development presents a compelling investment opportunity for forward-thinking businesses seeking to establish a presence in a thriving Colorado Springs community. The property is situated at 38.7813605 latitude and -104.7104718 longitude. Don't miss this chance to secure your place in Peak Innovation Park.

    Property Features for 0 Swc Milton Proby Pkwy & Cresterra Pkwy

    General Information

    Property type
    Land
    Lot Size
    74,052 SF

    HighLights

    • Prime commercial land (1.7‑6.1 acres) available for sale or ground lease in Colorado Springs' Peak Innovation Park.
    • Highly visible corner lot at Milton Proby Parkway & Cresterra Parkway (80916).
    • Excellent access to major transportation arteries.
    • Suitable for various commercial developments (retail, restaurants, office, light industrial).
    • Flexible purchase or ground lease options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.7104718
    Latitude
    38.7813605

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    FAQs

    What type of property is this?
    Land - Colorado Springs Commercial Land - Sale/Lease
    Where is this land located?
    The property is located at Swc Milton Proby Pkwy & Cresterra Pkwy Colorado Springs, CO.
    What are key features of this property?
    This property features: Prime commercial land (1.7-6.1 acres) available for sale or ground lease in Colorado Springs' Peak Innovation Park.; Highly visible corner lot at Milton Proby Parkway & Cresterra Parkway (80916).; Excellent access to major transportation arteries.
    (303) 597-6500
    Request Owner's contact information
    Swc Milton Proby Pkwy & Cresterra Pkwy 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
    Swc Milton Proby Pkwy & Cresterra Pkwy Colorado Springs, CO 80916
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