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    715 Weber St Colorado Springs, CO 80903

    For Sale
    $1,575,000

    7,000 SF Medical Office - $1.575M

    Property size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 7,000-square-foot Class B medical office building presents a unique investment opportunity in Colorado Springs, Colorado. Located at 715 N Weber St, in the desirable northside of downtown, this single-story, 1980-built property sits on a 0.22-acre lot and boasts 100% occupancy until the end of May. Currently leased to Optum, the building offers a spacious layout including a large lobby, reception area, break room, four exam rooms, a JCAHO-approved operating room, and ample storage. The property features seven parking spaces, conveniently accessible from a rear alley. The building is zoned OR R-5, providing flexibility for future uses. The asking price is $1,575,000, translating to $225 per square foot. This is a Net Net Net (NNN) lease, meaning the tenant is responsible for most operating expenses. Owner financing is available, making this an attractive proposition for investors seeking a strong return in a prime Colorado Springs location with easy access to I-25 and the heart of downtown. The property will be vacant at the end of May, presenting an ideal opportunity for a new tenant or owner-occupancy.

    Property Features for 715 Weber St

    General Information

    Property type
    Medical offices
    Square Feet
    7,000 SF
    Class
    B
    Lot Size
    9,583 SF

    Building Details

    Year Built
    1980
    Buildings
    1
    Stories
    1

    HighLights

    • $1,575,000 asking price for a 7,000 SF medical office building.
    • Class B, single‑tenant, 100% occupied (vacant end of May), NNN lease.
    • Located at 715 N Weber St, Colorado Springs, CO 80903, on a 0.22‑acre lot.
    • Features include a large lobby, reception area, four exam rooms, and an operating room.
    • 7 parking spaces available; owner financing considered.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Digestive Disease Clinic Medical Clinic Gerald Kidd, PA-C Gastroenterologist Benjamin Hicks, MMS, ... Gastroenterologist Jayme Tishon, MD Family Practice Physician Justin Kidd, PA Gastroenterologist

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Law Firm Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    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
    -104.8188774
    Latitude
    38.8442433

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    FAQs

    What type of property is this?
    Medical office - 7,000 SF Medical Office - $1.575M
    Where is this medical office located?
    The property is located at 715 Weber St Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $1,575,000.
    What are key features of this property?
    This property features: $1,575,000 asking price for a 7,000 SF medical office building.; Class B, single-tenant, 100% occupied (vacant end of May), NNN lease.; Located at 715 N Weber St, Colorado Springs, CO 80903, on a 0.22-acre lot.
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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
    715 Weber St Colorado Springs, CO 80903
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