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    Troy Hill Rd Colorado Springs, CO 80916

    For Sale
    Contact for pricing

    13-Acre Retail Lot, Colorado Springs

    Property size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 13-acre parcel presents a unique investment opportunity in Colorado Springs, Colorado. Located at the west entrance to Peterson Air Force Base, home of U.S. Space Command Center, this property boasts unparalleled visibility and accessibility. Zoned MX-M City of Colorado Springs, it offers significant potential for retail development. The site benefits from its strategic position within the Pikes Peak Enterprise Zone, providing access to various economic incentives. Its proximity to Colorado Springs Airport and Interstate 25 ensures convenient transportation links. The property is one of the few remaining large parcels available in this high-traffic area, experiencing over 67,000 vehicles per day at the nearby Powers Boulevard and Airport Road intersection. Furthermore, its location offers walkability to Sand Creek and future retail developments, promising strong future growth and increased foot traffic. The single-story building currently on the site has a square footage of 1 square foot. This presents a blank canvas for a developer to create a significant retail presence in a rapidly growing area. Don't miss this chance to acquire a prime piece of Colorado Springs real estate.

    Property Features for 0 Troy Hill Rd

    General Information

    Property type
    Retail properties
    Square Feet
    1 SF
    Lot Size
    566,280 SF

    Building Details

    Stories
    1

    HighLights

    • Excellent location at the west entrance to Peterson Air Force Base, home of U.S. Space Command.
    • Located in the Pikes Peak Enterprise Zone.
    • Minutes from Colorado Springs Airport and I‑25.
    • One of the few remaining large parcels available.
    • High traffic area with over 67,000 vehicles per day at the Powers Boulevard and Airport Road intersection.
    • Walkable to Sand Creek and future retail developments.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.7247179
    Latitude
    38.8331495

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    FAQs

    What type of property is this?
    Retail property - 13-Acre Retail Lot, Colorado Springs
    Where is this retail property located?
    The property is located at Troy Hill Rd Colorado Springs, CO.
    What are key features of this property?
    This property features: Excellent location at the west entrance to Peterson Air Force Base, home of U.S. Space Command.; Located in the Pikes Peak Enterprise Zone.; Minutes from Colorado Springs Airport and I-25.
    (719) 200-9328
    Request Owner's contact information
    Troy Hill Rd Colorado Springs, CO 80916
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    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
    Troy Hill Rd Colorado Springs, CO 80916
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