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    702 Bandley Dr Fountain, CO 80817

    Sponsored
    For Sale
    $8,471,548

    Prime 48-acre commercial land, I-25 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 48-acre parcel presents a unique investment opportunity in Fountain, Colorado. Strategically located just 12 miles south of Colorado Springs, this property boasts unparalleled access and high visibility from Interstate 25, ensuring maximum exposure for any future development. The land is zoned PI and offers significant potential for a variety of commercial uses. The asking price is $8,471,548.80, translating to a land value of $4 per square foot. The property's APN is 55310-00-056, and its address is 702 Bandley Dr, Fountain, CO 80817. Its location within the Pikes Peak Enterprise Zone provides substantial tax incentives for developers, including a 3% investment tax credit on equipment purchases, a 12% job training tax credit on qualified training expenses, and a 25% vacant building rehabilitation tax credit on hard costs. Additional tax credits may be available

    Property Features for 702 Bandley Dr

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Peyton’s warehouse Warehouse Kroger Distribution Center Distribution Service

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fountain
    County
    El Paso
    State
    Colorado
    Longitude
    -104.7165486
    Latitude
    38.6923616

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    FAQs

    What type of property is this?
    Land - Prime 48-acre commercial land, I-25 access.
    Where is this land located?
    The property is located at 702 Bandley Dr Fountain, CO.
    What is the asking price?
    The asking price for this property is $8,471,548.
    Request Owner's contact information
    702 Bandley Dr Fountain, CO 80817
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    Fountain, CO 80817
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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
    702 Bandley Dr Fountain, CO 80817
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