Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Powers Blvd Colorado Springs, CO 80924

    • Community centers
    • 351,964 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Community centers

    Property Details for 0 Powers Blvd

    Property size
    351,964 SF
    Property type
    Community centers
    Property subtype
    Retail properties

    Description

    This exceptional retail opportunity is located at the prominent intersection of Old Ranch Road and North Powers Boulevard in Colorado Springs, Colorado. The property, known as Old Ranch Station, is a single-story, Class B building totaling 351,964 square feet, currently housing a single tenant. A prime 500 square foot retail space is immediately available for lease. The property sits on a generous 2.78-acre lot, offering ample visibility and accessibility. The zoning designation is MX-M, allowing for a variety of commercial uses. Situated in the CO - Colorado Springs North submarket of El Paso County, this location benefits from strong demographics and high traffic counts. The building's single-story design provides convenient access for customers and employees. This is an ideal location for businesses seeking high visibility and a strong presence in a thriving Colorado Springs neighborhood. The property's size and location make it suitable for a variety of retail concepts. Interested parties should inquire about lease terms and conditions. The zip code is 80924.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.746
    Latitude
    38.9714

    Comparable in this City

    • Value Estimation by Request
      3,200 SF

      4625 Freshwater Pt

      Neighborhood centers • 3,200 SF
      4625 Freshwater Pt, Colorado Springs, CO 80924
      View Details
    • Value Estimation by Request
      17.60 Acres

      3531 Old Ranch Rd

      Self storage facilities • 17.60 Acres
      3531 Old Ranch Rd, Colorado Springs, CO 80924
      View Details
    • Value Estimation
      $730,000
      175,182 SF

      9655 Powers Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 175,182 SF
      9655 Powers Blvd, Colorado Springs, CO 80924
      View Details
    • Value Estimation
      $615,000
      16,800 SF

      3582 Blue Horizon Vw

      SHOPPING CENTER, STRIP CENTER • 16,800 SF
      3582 Blue Horizon Vw, Colorado Springs, CO 80924-4607
      View Details
    • Value Estimation
      $500,000
      15,383 SF

      9690 Prominent Pt

      WHOLESALE OUTLET, DISCOUNT STORE • 15,383 SF
      9690 Prominent Pt, Colorado Springs, CO 80924-5000
      View Details
    • Value Estimation
      $530,000
      11,900 SF

      9625 Prominent Pt

      SHOPPING CENTER, STRIP CENTER • 11,900 SF
      9625 Prominent Pt, Colorado Springs, CO 80924-5004
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      17.60 Acres

      Briargate Crossing East Lot CN-1

      Prime Colorado Springs commercial land, retail & office potential.
      3531 Old Ranch Rd, Colorado Springs, CO 80924
      View Details
    • Contact for pricing
      0.93 Acres

      Briargate Crossing East Land

      Prime Commercial Land, Colorado Springs. Excellent Visibility & Location.
      4626 Freshwater Pt, Colorado Springs, CO 80924
      View Details
    • Contact for pricing
      0.93 Acres

      Briargate Crossing East Land

      Prime Commercial Land, Colorado Springs
      4804 Steamboat Lake Ct, Colorado Springs, CO 80924
      View Details
    • Contact for pricing
      21.10 Acres

      Voyager Pkwy Commercial Land

      21 Acres, Prime Colorado Springs Location
      0 Powers Blvd Service Rd, Colorado Springs, CO 80924
      View Details
    • Contact for pricing
      0.93 Acres

      Prime Commercial Land, Colorado Springs

      Exceptional location, high visibility, ±9.28 acres.
      9625 Nautilus Pt, Colorado Springs, CO 80924
      View Details
    • Contact for pricing
      1.89 Acres

      Briargate Crossing East Land

      1.89 Acres Commercial Land, Prime Location
      0 Nautilus Pt, Colorado Springs, CO 80924
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Powers Blvd
    Colorado Springs, CO 80924
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.