Property profile

0 Briargate Pkwy Colorado Springs, CO 80920

OFF-MARKET
Land
2.6 ac lot
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Property summary

AI-generated overview

This exceptional 2.6-acre commercial land parcel presents a unique investment opportunity in the thriving Briargate area of Colorado Springs, Colorado. Located at the intersection of Briargate Parkway and Powers Boulevard (Highway 21), this property boasts a highly desirable location, surrounded by established businesses including Super Target, Lowe's Home Improvement, and Lifetime Fitness. The site is already rough-graded, with utilities conveniently located within five feet of the property line. All curb and gutter work, as well as off-site retention, is complete, significantly reducing development costs and timelines. This prime location offers exceptional access to a robust consumer base. Within a three-mile radius, the trade area encompasses 71,949 residents, boasting an impressive average household income of $152,494, and a daytime workforce of 18,860 employees. The property's strategic positioning and readily available infrastructure make it ideal for a wide range of commercial developments. The asking price for this exceptional parcel is $500,000. This is a rare opportunity to acquire a ready-to-develop site in one of Colorado Springs' most sought-after commercial areas. The property is situated in El Paso County, Colorado, with a zip code of 80920.

Property profile

Verified
Property type Land
Lot 2.6 ac (113,256 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Briargate Pkwy Colorado Springs, CO 80920
Colorado Springs metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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