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    OFF-MARKET
    Land

    0 Powers Blvd, Colorado Springs, CO 80916

    5.6 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5.6-acre commercial land parcel presents a unique investment opportunity in Colorado Springs, Colorado. Strategically situated at the intersection of South Powers Boulevard and East Fountain Boulevard, this property boasts unparalleled access to major transportation arteries, including I-25, Highway 24 Bypass, and Milton Proby Parkway, ensuring high visibility and convenient access for businesses and customers. The site is zoned PIP-2/CR, M1, and BP, offering flexibility for a variety of commercial uses, including retail, office, and industrial/distribution facilities. Its location within the Airport Powers Opportunity Zone (APOZ) further enhances its appeal. The high traffic count of approximately 145,000 vehicles per day underscores the significant potential for commercial development. Furthermore, the property benefits from its proximity to Colorado Springs Airport and a concentration of over 500 hotel rooms within a one-mile radius, including well-known brands such as Comfort Inn, Radisson Inn, and Holiday Inn Express. This prime location, combined with its versatile zoning and exceptional accessibility, makes this 5.6-acre lot an ideal investment for developers seeking a high-impact commercial project in a thriving Colorado Springs market. The sales price starts at $4.50 per square foot. The property is located in El Paso County, Colorado, with a zip code of 80916.

    Property profile
    Verified
    Property type Land
    Lot 5.6 ac (243,936 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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