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    Tbd Nwc Of Austin Blf Pkwy And Woodmen Rd Colorado Springs, CO 80920

    Sponsored
    For Sale
    $1,500,000

    15 Acres, Prime Location, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 15.38-acre land parcel presents a remarkable investment opportunity in Colorado Springs, Colorado. Strategically located at the hard corner intersection of Austin Bluffs Parkway and Woodmen Road, this highly visible site boasts significant development potential. The property is situated within an area of substantial residential density, surrounded by numerous retail amenities and employment centers, attracting major national retailers. Zoned PDZ SS AO, the site offers approximately 8 developable acres, ideal for a variety of uses including event centers, churches, schools, medical facilities, office buildings, self-storage units, or multifamily housing (potentially utilizing LIHTC or senior housing models). The property's prime location in northern El Paso County benefits from strong schools, well-planned neighborhoods, and proximity to employment opportunities. Importantly, it's annexed into the City of Colorado Springs and is not encumbered by a metropolitan district. While a developer will need to contribute to public sidewalk improvements along Woodmen Road, the land's value, at $2.24 per square foot, and its strategic location make this a compelling investment. The property's APN is 6302400009. The asking price is $1,500,000.

    Property Features for 0 Tbd Nwc Of Austin Blf Pkwy And Woodmen Rd

    General Information

    Property type
    Land
    Lot Size
    669,953 SF

    HighLights

    • Highly visible, hard‑corner site at Austin Bluffs Parkway and Woodmen Road intersection.
    • Abundant nearby schools, healthcare, retail, restaurants, and employment opportunities.
    • No metropolitan district assessment.
    • Located in a high‑density residential area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.7394566
    Latitude
    38.9400998

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    FAQs

    What type of property is this?
    Land - 15 Acres, Prime Location, High Visibility
    Where is this land located?
    The property is located at Tbd Nwc Of Austin Blf Pkwy And Woodmen Rd Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Highly visible, hard-corner site at Austin Bluffs Parkway and Woodmen Road intersection.; Abundant nearby schools, healthcare, retail, restaurants, and employment opportunities.; No metropolitan district assessment.
    (970) 305-8176
    Request Owner's contact information
    Tbd Nwc Of Austin Blf Pkwy And Woodmen Rd 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
    Tbd Nwc Of Austin Blf Pkwy And Woodmen Rd Colorado Springs, CO 80920
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