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    3175 Jet Wing Dr Colorado Springs, CO 80916

    Sponsored
    For Sale
    $2,500,000

    Prime Retail Center, Colorado Springs, CO

    Property size:
    58,242 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents Mission Trace Shopping Center, a 58,242 square foot retail shopping center situated on a 4.97-acre lot in Colorado Springs, Colorado. Built in 1984, the property boasts a highly visible location at the southeast corner of Academy Boulevard and Hancock Expressway, benefiting from exceptional daily traffic counts of 55,700 vehicles. The center is zoned PBC/NP/SS and features four exterior docks, providing convenient access for tenants and customers. The property's address is 3175 Jet Wing Dr, Colorado Springs, CO 80916, with the APN 6435320007. Its strategic location offers easy access to the Colorado Springs Airport and benefits from a lighted intersection, enhancing visibility and accessibility. The asking price for this well-positioned retail center is $2,500,000. This presents a compelling opportunity for investors seeking a strong foothold in a thriving Colorado Springs market. The property's size, location, and existing infrastructure make it an ideal investment for both seasoned and emerging investors in the commercial real estate sector. The high traffic counts and convenient access to major roadways ensure strong potential for tenant occupancy and rental income.

    Property Features for 3175 Jet Wing Dr

    General Information

    Property type
    Lifestyle centers
    Square Feet
    58,242 SF
    Lot Size
    216,493 SF

    Building Details

    Year Built
    1984

    HighLights

    • Excellent proximity to Colorado Springs Airport.
    • High visibility location at a signalized intersection.
    • Features four (4) exterior loading docks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

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

    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
    -104.7552457
    Latitude
    38.7864136

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Center, Colorado Springs, CO
    Where is this lifestyle center located?
    The property is located at 3175 Jet Wing Dr 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: Excellent proximity to Colorado Springs Airport.; High visibility location at a signalized intersection.; Features four (4) exterior loading docks.
    Request Owner's contact information
    3175 Jet Wing Dr Colorado Springs, CO 80916
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    Colorado Springs, CO 80916
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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
    3175 Jet Wing Dr Colorado Springs, CO 80916
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