1521 Baptist Rd Cascade-Chipita Park, CO 80921
This exceptional mixed-use development, the Falcon Commerce Center, presents a unique investment opportunity. Situated on a substantial 98 to 224-acre lot in Monument, Colorado, this Class B property boasts a prime location at the southwest quadrant of I-25 and Baptist Road, offering unparalleled visibility and accessibility. The single-story building is zoned PUD, allowing for diverse commercial, industrial, and office uses, including build-to-suit options. Its strategic location provides convenient access to both Colorado Springs (15 minutes north) and the Denver Tech Center (45 minutes south). The property benefits from significant infrastructure improvements, including a fully reconstructed I-25/Baptist Road interchange (2009-2010) and Baptist Road frontage enhancements (2016). The development's proximity to the 17,000-acre U.S. Air Force Academy and the 35-mile Santa Fe Trail adds to its appeal. This is a rare opportunity to acquire a large-scale development with direct I-25 frontage and excellent connectivity. The property's size and zoning flexibility make it ideal for a variety of development scenarios. This is a truly exceptional offering 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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.