Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    450 Runway Pt Colorado Springs, CO 80916

    For Sale
    Contact for pricing

    Prime Colorado Springs Restaurant Site

    Property size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 13-acre restaurant property, located at 450 Runway Point in Colorado Springs, CO 80916, presents a unique investment opportunity. Situated at the west entrance to Peterson Air Force Base, home of U.S. Space Command Center, this location boasts unparalleled visibility and accessibility. The property is zoned MX-M City of Colorado Springs and benefits from its placement within a Pikes Peak Enterprise Zone, offering potential tax advantages. With convenient proximity to Colorado Springs Airport and I-25, this site enjoys exceptional connectivity. The land value is $8 per square foot. This is one of the few remaining large parcels available in this high-traffic area, experiencing over 67,000 vehicles per day at the Powers Blvd & Airport Rd intersection. The property's single-story building offers immediate potential for a restaurant or similar retail establishment. Furthermore, its walkable distance to Sand Creek and future retail developments ensures continued growth and high foot traffic. This is a rare chance to acquire a significant commercial property in a rapidly developing area with strong potential for high returns. The property consists of one building on a 13-acre lot.

    Property Features for 450 Runway Pt

    General Information

    Property type
    Restaurants
    Square Feet
    1 SF
    Lot Size
    566,280 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • Prime location at the west entrance to Peterson Air Force Base, home of U.S. Space Command.
    • Located in the Pikes Peak Enterprise Zone, offering potential tax benefits.
    • Minutes from Colorado Springs Airport and I‑25.
    • One of the few remaining large (13‑acre) parcels available.
    • High traffic area with over 67,000 vehicles per day at the Powers Blvd & Airport Rd intersection.
    • Walkable to Sand Creek and future retail developments.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Clothing Store Kitchen & Bath Discount Store Electronics Store Electrical Service Furniture Store Travel Agency Tech Support Center 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
    -104.728759
    Latitude
    38.826614

    Nearby Similar for Sale

    • $1,499,800
      0.16 Acres

      Modern Duplexes in Colorado Springs

      Move-in ready duplexes with finished basements and mountain views.
      145 Terrace Dr, Colorado Springs, CO 80906
      View Details
    • New
      $2,599,000
      0.19 Acres

      Downtown Haven with Skyline View

      Spacious rooms, private bathrooms, and city skyline views.
      6 Boulder Crescent St, Colorado Springs, CO 80903
      View Details
    • $999,900
      0.16 Acres

      Modern Duplex Near UCCS

      Side-by-side units with 4 beds, 4 baths, 2-car garage.
      4266 Orchid St, Colorado Springs, CO 80917
      View Details
    • $540,000
      0.14 Acres

      Cozy Home with Modern ADU

      Charming home with a fully furnished, modern ADU.
      711 N Spruce St, Colorado Springs, CO 80905
      View Details
    • $575,000
      0.22 Acres

      Colorado Springs Duplex Investment Opportunity

      Spacious duplex in desirable location with strong rental history.
      71 W Old Broadmoor Rd, Colorado Springs, CO 80906
      View Details
    • $775,000
      Pending

      Charming Remodeled Duplex Near Downtown

      Remodeled duplex in historic Old North End neighborhood.
      1401 N Tejon St, Colorado Springs, CO 80907
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Colorado Springs Restaurant Site
    Where is this restaurant located?
    The property is located at 450 Runway Pt Colorado Springs, CO.
    What are key features of this property?
    This property features: Prime location at the west entrance to Peterson Air Force Base, home of U.S. Space Command.; Located in the Pikes Peak Enterprise Zone, offering potential tax benefits.; Minutes from Colorado Springs Airport and I-25.
    Request Owner's contact information
    450 Runway Pt Colorado Springs, CO 80916
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    450 Runway Pt
    Colorado Springs, CO 80916
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    450 Runway Pt Colorado Springs, CO 80916
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.