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    Briargate Pkwy Colorado Springs, CO 80920

    Sponsored
    For Sale
    $500,000

    2.6 Acres, $500,000, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    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 Features for 0 Briargate Pkwy

    General Information

    Property type
    Land
    Lot Size
    113,256 SF

    HighLights

    • $500,000 asking price for 2.6 acres of commercial land.
    • Utilities are within 5 feet of the property line.
    • Curb, gutter, and off‑site retention are complete.
    • Excellent location near Super Target, Lowe's, and Lifetime Fitness at the Powers Boulevard (Highway 21) interchange.
    • Strong demographics: 71,949 residents within a 3‑mile radius, average household income of $152,494, and 18,860 daytime employees.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.75902661392
    Latitude
    38.966041007583

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    FAQs

    What type of property is this?
    Land - 2.6 Acres, $500,000, Prime Location
    Where is this land located?
    The property is located at Briargate Pkwy Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: $500,000 asking price for 2.6 acres of commercial land.; Utilities are within 5 feet of the property line.; Curb, gutter, and off-site retention are complete.
    (303) 694-6082
    Request Owner's contact information
    Briargate Pkwy 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
    Briargate Pkwy Colorado Springs, CO 80920
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