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    1875 Chelton Rd Colorado Springs, CO 80916

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    For Sale
    Contact for pricing

    Prime 4.86-acre development site in Colorado Springs.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 4.86-acre commercial land parcel presents a remarkable infill development opportunity in Colorado Springs' vibrant South Academy retail corridor. Located at the Northwest corner of South Academy Boulevard and South Chelton Road, this property boasts a strategic location with high visibility and accessibility. The site is zoned MX-M, offering flexibility for a variety of commercial uses. The land encompasses a total of 211,485 square feet, presenting a significant development potential. Specifically, this listing focuses on Lot 1, situated at 1875 S Chelton Rd, comprising 28,985 square feet and priced at $12.00 per square foot. The property's address is 1875 S Chelton Road, Colorado Springs, CO 80916, within El Paso County. Its prime location within a thriving retail area ensures strong potential for return on investment. The land's size and zoning make it ideal for a variety of commercial projects, catering to the growing demands of the area. This is a rare opportunity to acquire a highly desirable commercial development site in a rapidly expanding market. Don't miss this chance to secure a prime location for your next venture. The property is conveniently located near major thoroughfares, offering excellent visibility and accessibility for potential businesses. This is an exceptional opportunity for developers seeking a strategic location in a high-growth area.

    Property Features for 1875 Chelton Rd

    General Information

    Property type
    Land
    Lot Size
    211,702 SF

    HighLights

    • 211,485 SF land parcel available.
    • Lot 1: 28,985 SF at $12.00/SF, located at 1875 S Chelton Rd.
    • Lot 2: 32,620 SF, located at 1826 S Academy Blvd, SOLD.
    • Lot 3: 4.19 acres at $8.00/SF, located at 1865 S Chelton Rd.
    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
    -104.7229279
    Latitude
    38.8021891

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    FAQs

    What type of property is this?
    Land - Prime 4.86-acre development site in Colorado Springs.
    Where is this land located?
    The property is located at 1875 Chelton Rd Colorado Springs, CO.
    What are key features of this property?
    This property features: 211,485 SF land parcel available.; Lot 1: 28,985 SF at $12.00/SF, located at 1875 S Chelton Rd.; Lot 2: 32,620 SF, located at 1826 S Academy Blvd, SOLD.
    (719) 577-0044
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    1875 Chelton Rd 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
    1875 Chelton Rd Colorado Springs, CO 80916
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