1672 Aeroplaza Dr, Colorado Springs, CO 80916
This exceptional 1.55-acre commercial land parcel presents a unique investment opportunity in Colorado Springs' thriving airport submarket. Located at the northeast corner of Fountain Boulevard and Aeroplaza Drive, this property is zoned MX-M, allowing for a variety of commercial uses. The asking price is $877,734, translating to a land value of $13 per square foot. Utilities are conveniently located on-site, simplifying development plans. The strategic location offers excellent visibility and accessibility, situated just west of Powers Boulevard on the Highway 24 Bypass, ensuring high traffic volume and exposure. Adding to its appeal, construction is currently underway on an adjacent 140-unit apartment complex, promising increased foot traffic and a growing residential base for potential businesses. This property is ready for immediate development, offering a compelling opportunity to capitalize on the area's rapid growth and strong demand for commercial space. The address is 1672 Aeroplaza Dr, Colorado Springs, CO 80916, in El Paso County. This is a rare chance to acquire a prime commercial lot in a high-growth area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.