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    1860 Office Club Pt Colorado Springs, CO 80920

    Sponsored
    For Sale
    $1,250,000

    2.1-acre prime development site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.1-acre commercial land parcel, located at 1860 Office Club Point in Colorado Springs, Colorado (zip code 80920), presents a unique investment opportunity. Zoned MX-M, this property offers significant potential for a variety of development projects. The land's value is calculated at $13.66 per square foot, resulting in an asking price of $1,250,000. Its desirable northern Colorado Springs location boasts stunning views of the Pine Creek Golf Course and the surrounding mountains. The scarcity of available land parcels of this size in this area makes this a truly rare find. Given the surrounding development, including hotels and multifamily residential buildings, this site is ideally suited for similar projects. However, the MX-M zoning allows for a wide range of development possibilities, providing considerable flexibility for the prospective buyer. The property's latitude and longitude coordinates are 38.966521 and -104.793617 respectively, allowing for easy location verification. This is a remarkable opportunity to acquire a prime piece of land in a thriving Colorado Springs neighborhood with exceptional views and development potential. El Paso County is the location of this property.

    Property Features for 1860 Office Club Pt

    General Information

    Property type
    Land
    Lot Size
    91,476 SF

    HighLights

    • 2.1‑acre commercial land parcel in desirable northern Colorado Springs (80920).
    • MX‑M zoning allows for diverse development options.
    • Asking price: $1,250,000 ($13.66/sq ft).
    • Stunning views of Pine Creek Golf Course and mountains.
    • Rare large parcel in a thriving area with nearby hotels and multifamily developments.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Dental Office Auto Repair Shop Hair Salon Nail Salon

    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
    -104.793617
    Latitude
    38.966521

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    FAQs

    What type of property is this?
    Land - 2.1-acre prime development site.
    Where is this land located?
    The property is located at 1860 Office Club Pt Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: 2.1-acre commercial land parcel in desirable northern Colorado Springs (80920).; MX-M zoning allows for diverse development options.; Asking price: $1,250,000 ($13.66/sq ft).
    (719) 530-4400
    Request Owner's contact information
    1860 Office Club Pt Colorado Springs, CO 80920
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    Colorado Springs, CO 80920
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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
    1860 Office Club Pt Colorado Springs, CO 80920
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