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    1672 Aeroplaza Dr Colorado Springs, CO 80916

    For Sale
    Contact for pricing

    Two commercial lots, ideal for development. Excellent location, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional opportunity presents two fully improved commercial pad sites totaling between 1.11 and 1.55 acres, strategically located at the intersection of Fountain Boulevard and Aeroplaza Drive in Colorado Springs, Colorado. The property boasts a highly desirable location just west of Powers Boulevard on the Highway 24 bypass, ensuring excellent accessibility and high visibility. The land is zoned PBC/MX-M, permitting a variety of commercial developments. The land value ranges from $13 to $18 per square foot. This prime real estate is situated adjacent to newly constructed apartment complexes, providing a strong residential base for potential businesses. Furthermore, the location offers proximity to significant commercial and employment centers, including the Peak Innovation Park, a substantial 4 million square foot Amazon distribution center, and Peterson Space Force Base. This combination of factors creates a compelling investment opportunity with significant potential for growth and return. The address is 1672 Aeroplaza Drive, Colorado Springs, CO 80916. This property is available for sale and presents a rare chance to acquire land in a thriving and rapidly developing area of Colorado Springs.

    Property Features for 1672 Aeroplaza Dr

    General Information

    Property type
    Land
    Lot Size
    48,352 SF

    HighLights

    • Two improved pad sites (1.11‑1.55 acres) at Fountain Blvd & Aeroplaza Dr intersection, Colorado Springs.
    • Excellent visibility & accessibility, just west of Powers Blvd on Highway 24 bypass.
    • Adjacent to new apartment complexes.
    • Near Peak Innovation Park, a 4M SF Amazon distribution center, and Peterson Space Force Base.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness 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
    -104.7354718
    Latitude
    38.8085101

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    FAQs

    What type of property is this?
    Land - Two commercial lots, ideal for development. Excellent location, high visibility.
    Where is this land located?
    The property is located at 1672 Aeroplaza Dr Colorado Springs, CO.
    What are key features of this property?
    This property features: Two improved pad sites (1.11-1.55 acres) at Fountain Blvd & Aeroplaza Dr intersection, Colorado Springs.; Excellent visibility & accessibility, just west of Powers Blvd on Highway 24 bypass.; Adjacent to new apartment complexes.
    (719) 577-0044
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    1672 Aeroplaza Dr Colorado Springs, CO 80916
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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
    1672 Aeroplaza Dr Colorado Springs, CO 80916
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