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    94 Marksheffel Rd & Hwy Colorado Springs, CO 80929

    For Sale
    Contact for pricing

    15.27 Acres, Prime Colorado Springs Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 15.27-acre commercial land parcel presents a unique investment opportunity in Colorado Springs, Colorado. Located at the intersection of Marksheffel Road and Highway 94, this property boasts a strategic position within the rapidly developing Reagan Ranch masterplan, a 259-acre development directly east of the Colorado Springs airport. The site benefits from flexible zoning (PBC MX-M AO APZ2 APZ1), allowing for a diverse range of commercial and industrial uses. With convenient access to Highway 94 and Marksheffel Road, this location offers excellent visibility and accessibility. The property encompasses 665,161 square feet and is priced at $12 per square foot. Utilities and zoning are provided by Colorado Springs. This parcel is part of a larger development projected to include over 1,400 residential units, 65 acres of commercial land, and 28 acres of industrial sites. Given the significant growth anticipated along Marksheffel Road, this land offers substantial potential for future appreciation. The APN is 54000-00-289. This is an exceptional opportunity to acquire a prime commercial site in a thriving Colorado Springs location.

    Property Features for 94 Marksheffel Rd & Hwy

    General Information

    Property type
    Land
    Lot Size
    665,161 SF

    HighLights

    • Flexible zoning (PBC MX‑M AO APZ2 APZ1) allows for diverse commercial and industrial uses.
    • Excellent visibility and accessibility via Highway 94 and Marksheffel Road.
    • Colorado Springs provides utilities and zoning.
    • 15.27‑acre parcel totaling 665,161 square feet, priced at $12/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.6829711
    Latitude
    38.8415013

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    FAQs

    What type of property is this?
    Land - 15.27 Acres, Prime Colorado Springs Location
    Where is this land located?
    The property is located at 94 Marksheffel Rd & Hwy Colorado Springs, CO.
    What are key features of this property?
    This property features: Flexible zoning (PBC MX-M AO APZ2 APZ1) allows for diverse commercial and industrial uses.; Excellent visibility and accessibility via Highway 94 and Marksheffel Road.; Colorado Springs provides utilities and zoning.
    (719) 667-6865
    Request Owner's contact information
    94 Marksheffel Rd & Hwy Colorado Springs, CO 80929
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    Colorado Springs, CO 80929
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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
    94 Marksheffel Rd & Hwy Colorado Springs, CO 80929
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