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    3134 Colorado Ave Colorado Springs, CO 80904

    For Sale
    $799,000

    Prime Office Building, 2640 SF, $799K

    Property size:
    2,640 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional executive office building, located at 3134 W Colorado Ave in Colorado Springs, CO 80904, presents a compelling investment opportunity. The single-story, 2,640 square foot building is situated on a 0.29-acre lot and boasts a desirable Class B designation. Built in 1995, the property features a single tenancy and is zoned MX-M, offering flexibility for various professional uses. The asking price is $799,000, translating to a price per square foot of $302.65. A key advantage is the ample parking available in the private rear lot, providing convenient access for employees and clients. The building benefits from exceptional visibility and a strategic location off Colorado Avenue, with major nearby cross streets including Highway 24 and 31st Street, ensuring high traffic and excellent exposure for your business. This property is ideal for an owner-occupier seeking a well-maintained, conveniently located office space, or for an investor looking for a strong return in a thriving Colorado Springs market. The property's single-tenancy status offers simplicity in management and potential for future rental income growth. This is a rare opportunity to acquire a prime commercial property in a highly sought-after area.

    Property Features for 3134 Colorado Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,640 SF
    Class
    B
    Lot Size
    12,632 SF

    Building Details

    Year Built
    1995
    Buildings
    1
    Stories
    1

    HighLights

    • High‑visibility commercial property ideally situated off Colorado Avenue.
    • Excellent access via nearby HWY 24 and 31st Street.
    • Ample rear parking with private lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Red Rock Canyon Business Center

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage 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
    -104.8733042
    Latitude
    38.854255

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Building, 2640 SF, $799K
    Where is this office property / space located?
    The property is located at 3134 Colorado Ave Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: High-visibility commercial property ideally situated off Colorado Avenue.; Excellent access via nearby HWY 24 and 31st Street.; Ample rear parking with private lot.
    (719) 577-0044
    Request Owner's contact information
    3134 Colorado Ave Colorado Springs, CO 80904
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    Colorado Springs, CO 80904
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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
    3134 Colorado Ave Colorado Springs, CO 80904
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