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    805 Citadel Dr Colorado Springs, CO 80909

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    For Sale
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    8,050 SF Restaurant, 1.21 Acres

    Property size:
    8,050 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 8,050 square foot freestanding restaurant building is situated on a 1.21-acre lot in Colorado Springs, Colorado, at 805 Citadel Drive E, zip code 80909. The property boasts a prime location at a signalized intersection, enjoying high visibility and convenient access. Its strategic placement next to a Barnes & Noble ensures significant foot traffic and brand synergy. The ample 83-space parking lot provides convenient parking for patrons. This versatile property presents a unique investment opportunity, offering flexibility for various business models. The owner is open to considering a sale, lease, ground lease, or build-to-suit arrangement. The property benefits from its location within a thriving commercial area, alongside established and successful businesses such as Chick-fil-A, Raising Cane's, and Circle K, creating a strong and complementary tenant mix. This location offers excellent potential for a restaurant operator seeking a high-traffic, visible location in a rapidly growing area of Colorado Springs. The property's size and configuration provide ample space for a variety of restaurant concepts. This is a rare opportunity to acquire a well-located, established restaurant property in a desirable market.

    Property Features for 805 Citadel Dr

    General Information

    Property type
    Restaurants
    Square Feet
    8,050 SF
    Lot Size
    52,708 SF

    HighLights

    • 8,050 SF freestanding restaurant building on a 1.21‑acre lot.
    • 83 parking spaces.
    • Located at a signalized intersection adjacent to Barnes & Noble.
    • Owner will consider sale, lease, ground lease, or build‑to‑suit options.
    • Strong tenant mix in the immediate area includes Chick‑fil‑A, Raising Cane's, and Circle K.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Hotel & Motel

    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
    -104.7583684
    Latitude
    38.8444674

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    FAQs

    What type of property is this?
    Restaurant - 8,050 SF Restaurant, 1.21 Acres
    Where is this restaurant located?
    The property is located at 805 Citadel Dr Colorado Springs, CO.
    What are key features of this property?
    This property features: 8,050 SF freestanding restaurant building on a 1.21-acre lot.; 83 parking spaces.; Located at a signalized intersection adjacent to Barnes & Noble.
    Request Owner's contact information
    805 Citadel Dr Colorado Springs, CO 80909
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    Colorado Springs, CO 80909
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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
    805 Citadel Dr Colorado Springs, CO 80909
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