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    Powers Blvd Colorado Springs, CO 80916

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    49-acre development opportunity near Airport

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 49.37-acre commercial land parcel presents a unique investment opportunity in Colorado Springs, Colorado. Located at the southwest corner of Milton E Proby Parkway and South Powers Boulevard, this property boasts a highly desirable location within the rapidly expanding Airport trade area, directly adjacent to Peak Innovation Park. The permitted zoning is SS APZ2, offering considerable flexibility for a variety of commercial developments, including retail and office spaces. The expansive lot size provides ample room for large-scale projects, catering to significant development potential. Its strategic position at a major intersection ensures high visibility and accessibility, making it an ideal site for businesses seeking prominent exposure. The property's address is Southwest corner of Milton E Proby Parkway and South Powers Blvd, Colorado Springs, CO 80916. The Assessor's Parcel Number (APN) is 6501100011. This location offers unparalleled access to major transportation arteries, facilitating seamless connectivity for employees and customers alike. Given its size and prime location, this property represents a rare chance to capitalize on the burgeoning growth of the Colorado Springs commercial market. The property is zoned for commercial and executive office uses, making it suitable for a wide range of development projects. This is a truly exceptional opportunity for investors and developers seeking a significant land holding in a high-growth area.

    Property Features for 0 Powers Blvd

    General Information

    Property type
    Land
    Lot Size
    2,150,557 SF

    HighLights

    • 49.37‑acre commercial land parcel in Colorado Springs, CO.
    • Located at the southwest corner of Milton E Proby Parkway and South Powers Boulevard, adjacent to Peak Innovation Park.
    • SS APZ2 zoning allows for retail and office development.
    • High visibility and accessibility at a major intersection.
    • Assessor's Parcel Number (APN): 6501100011.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.7206401
    Latitude
    38.7810805

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    FAQs

    What type of property is this?
    Land - 49-acre development opportunity near Airport
    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: 49.37-acre commercial land parcel in Colorado Springs, CO.; Located at the southwest corner of Milton E Proby Parkway and South Powers Boulevard, adjacent to Peak Innovation Park.; SS APZ2 zoning allows for retail and office development.
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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 80916
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