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    2070 Southgate Rd Colorado Springs, CO 80906

    Sponsored
    For Sale
    Contact for pricing

    Prime 1.2-acre retail pad site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.2 to 1.3-acre commercial land parcel presents a remarkable investment opportunity within the thriving Broadmoor Towne Center in Colorado Springs, Colorado. Located at 2070 Southgate Rd, 80906, this property boasts a prime location shadow-anchored by Big R and the soon-to-open Hobby Lobby, ensuring high visibility and significant foot traffic. The site is zoned MX-M, allowing for a variety of uses including retail, multi-family, hospitality, and medical. Situated near the world-renowned Broadmoor Hotel and Cheyenne Mountain Conference Resort, this location benefits from proximity to affluent residential areas and significant tourism. The Broadmoor Towne Center itself is home to a diverse range of national retailers and restaurants, including Home Depot (one of the busiest in Colorado), PetSmart, Ross, Ulta Beauty, Old Navy, Verizon, T-Mobile, Chipotle, Panda Express, Panera Bread, Noodles & Company, and more. Detailed shopping center plans are available upon purchase. Note that a 1.3-acre adjacent lot is currently under contract. This is an unparalleled chance to acquire a highly desirable commercial property in a rapidly growing area.

    Property Features for 2070 Southgate Rd

    General Information

    Property type
    Land
    Lot Size
    52,272 SF

    HighLights

    • Prime 1.2‑acre pad site in Broadmoor Towne Center, Colorado Springs, shadow‑anchored by Big R and future Hobby Lobby.
    • High‑traffic location in Broadmoor Towne Center, along Nevada Avenue.
    • Surrounded by national retailers, including a top‑performing Home Depot.
    • MX‑M zoning allows for retail, multi‑family, hospitality, and medical uses.
    • Shopping center plans available upon purchase.
    • Adjacent 1.3‑acre lot under contract.
    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 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
    -104.81828556
    Latitude
    38.80320849

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    FAQs

    What type of property is this?
    Land - Prime 1.2-acre retail pad site
    Where is this land located?
    The property is located at 2070 Southgate Rd Colorado Springs, CO.
    What are key features of this property?
    This property features: Prime 1.2-acre pad site in Broadmoor Towne Center, Colorado Springs, shadow-anchored by Big R and future Hobby Lobby.; High-traffic location in Broadmoor Towne Center, along Nevada Avenue.; Surrounded by national retailers, including a top-performing Home Depot.
    (303) 974-5893
    Request Owner's contact information
    2070 Southgate Rd Colorado Springs, CO 80906
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    Colorado Springs, CO 80906
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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
    2070 Southgate Rd Colorado Springs, CO 80906
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