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    10833 New Allegiance Dr Colorado Springs, CO 80921

    For Sale
    $310,191

    2.19-acre lot, prime location, many uses allowed.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2.19-acre commercial land parcel, identified as Lot 7 within the InterQuest Town Center, presents a unique investment opportunity in Colorado Springs, CO. Located at 10833 New Allegiance Dr, 80921, this PUD-zoned property boasts unparalleled freeway access via I-25/InterQuest Parkway interchange (exit 153), offering exceptional visibility and convenient access. The site enjoys significant frontage along InterQuest Parkway and access from both Federal Drive and New Allegiance Drive, providing multiple entry points. The InterQuest Town Center, encompassing 19.523 total acres, is situated within a thriving mixed-use development featuring office, retail, lodging, entertainment, and residential components. This parcel offers unobstructed mountain views and benefits from three separate access roads from InterQuest Parkway. A wide array of permitted uses includes office, medical, retail, food sales and restaurants, select automotive businesses, daycare centers, schools, senior living facilities, apartments, and townhomes. The land is priced at $310,191.55, with a land value of $35-$38 per square foot. The APN is 6220001037. This property represents a compelling opportunity for developers seeking a strategically located site within a dynamic and rapidly growing community.

    Property Features for 10833 New Allegiance Dr

    General Information

    Property type
    Land
    Lot Size
    95,396 SF

    HighLights

    • $310,191.55 asking price.
    • 2.19‑acre commercial land parcel.
    • PUD zoning.
    • Land value: $35 - $38 per square foot.
    • Located at 10833 New Allegiance Dr, Colorado Springs, CO 80921 (APN: 6220001037).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Building Supply Wholesale Shop Spa & Massage Hair Salon Auto Repair Shop Clothing Store Nail Salon Pharmacy Auto Parts Store

    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
    -104.806191
    Latitude
    38.988599

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    FAQs

    What type of property is this?
    Land - 2.19-acre lot, prime location, many uses allowed.
    Where is this land located?
    The property is located at 10833 New Allegiance Dr Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $310,191.
    What are key features of this property?
    This property features: $310,191.55 asking price.; 2.19-acre commercial land parcel.; PUD zoning.
    Request Owner's contact information
    10833 New Allegiance Dr Colorado Springs, CO 80921
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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
    10833 New Allegiance Dr Colorado Springs, CO 80921
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