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    Powers Blvd Colorado Springs, CO 80920

    For Sale
    Contact for pricing

    Prime Retail Pad Site, Colorado Springs

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 21.1-acre retail pad site, designated Lot BX-5, is located at 0 Powers Blvd, Colorado Springs, CO 80920, within the highly desirable Briargate Crossing East development. Zoned A, this property boasts excellent visibility and accessibility from major thoroughfares including Powers Boulevard, Briargate Parkway, and Union Boulevard. With over 52,000 vehicles traversing Powers Boulevard daily, this location offers unparalleled exposure to a substantial consumer base. The site's 919,116 square feet provide ample space for a variety of commercial uses, including retail, office, medical office, hotel, or entertainment venues. Benefitting from its proximity to established anchors such as Lowe's, Super Target, Memorial Hospital North, Children's Hospital Colorado, King Soopers, Lifetime Fitness, Till, and Petco, this property presents a remarkable opportunity to capitalize on a thriving, underserved market. Signalized intersections further enhance accessibility and visibility. Only two parcels remain in this exclusive development, making this a truly unique investment opportunity. This is a rare chance to establish a significant presence in a rapidly growing area with high traffic counts and strong surrounding retail presence.

    Property Features for 0 Powers Blvd

    General Information

    Property type
    Land
    Lot Size
    919,116 SF

    HighLights

    • Only two parcels remain: BX‑5 (retail pad sites) and CN‑1 (retail & office pad sites).
    • Signalized intersections provide excellent visibility and access from Powers Blvd, Briargate Pkwy, and Union Blvd.
    • 21.1‑acre lot (919,116 SF) benefits from proximity to major retailers (Lowes, Target, Memorial Hospital, etc.) and high traffic counts (52,000+ vehicles/day on Powers Blvd).
    • Suitable for various uses including retail, office, medical, hotel, and entertainment.
    • Excellent opportunity in a growing, underserved market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.7812654
    Latitude
    38.9583005

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    FAQs

    What type of property is this?
    Land - Prime Retail Pad Site, Colorado Springs
    Where is this land located?
    The property is located at Powers Blvd Colorado Springs, CO.
    What are key features of this property?
    This property features: Only two parcels remain: BX-5 (retail pad sites) and CN-1 (retail & office pad sites).; Signalized intersections provide excellent visibility and access from Powers Blvd, Briargate Pkwy, and Union Blvd.; 21.1-acre lot (919,116 SF) benefits from proximity to major retailers (Lowes, Target, Memorial Hospital, etc.) and high traffic counts (52,000+ vehicles/day on Powers Blvd).
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    Powers Blvd Colorado Springs, CO 80920
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    Colorado Springs, CO 80920
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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
    Powers Blvd Colorado Springs, CO 80920
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