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    320 Academy Blvd Colorado Springs, CO 80909

    For Sale
    $2,500,000

    17-Unit Net Lease Office Building

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 17-unit office building, located at 320 N Academy Blvd in Colorado Springs, Colorado, presents a compelling investment opportunity. Priced at $2,500,000, this traditional office building offers a gross lease structure, providing a consistent income stream. The property boasts an excellent location at the southwest corner of Academy Boulevard and Platte Avenue, providing high visibility and convenient access. Ample parking is available for tenants and visitors. The building features an elevator for easy access to all floors, and many units offer balconies with great views of the surrounding area. Its strategic location places it adjacent to numerous restaurants and the Citadel Mall, offering tenants and their employees a variety of amenities within walking distance. The property is situated in El Paso County, zip code 80909, and its coordinates are 38.83802026354451 latitude and -104.75813009655005 longitude. This well-maintained building represents a strong investment opportunity in a thriving Colorado Springs market. The building's features and location combine to create a highly desirable property for both tenants and investors. This is a rare opportunity to acquire a well-positioned, income-producing office building in a prime location.

    Property Features for 320 Academy Blvd

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Units
    17

    HighLights

    • 17‑unit office building in Colorado Springs, CO, priced at $2,500,000.
    • Gross lease structure provides consistent income.
    • High‑visibility location at Academy Blvd & Platte Ave with ample parking.
    • Elevator and many units with balconies.
    • Near restaurants and Citadel Mall.
    • Well‑maintained building in a thriving market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Colorado Bank Card ... Bank Your Choice Residential, ... Social Services Organization SoCo Body Sculpting ... Medical Spa Ancient Healing Touch Massage Therapist Semquest Inc Model Design Company

    Suggested Use

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

    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
    -104.75813009655
    Latitude
    38.838020263545

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    FAQs

    What type of property is this?
    Office Property / Space - 17-Unit Net Lease Office Building
    Where is this office property / space located?
    The property is located at 320 Academy Blvd Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 17-unit office building in Colorado Springs, CO, priced at $2,500,000.; Gross lease structure provides consistent income.; High-visibility location at Academy Blvd & Platte Ave with ample parking.
    (719) 520-9500
    Request Owner's contact information
    320 Academy Blvd 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
    320 Academy Blvd Colorado Springs, CO 80909
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