0 Nwc Palmer Park Blvd & Powers Blvd Colorado Springs, CO 80915
This exceptional commercial land offering in Colorado Springs, Colorado, presents a unique investment opportunity. Located at the Northwest corner of Palmer Park Boulevard and Powers Boulevard, this property boasts a highly desirable MX-M zoning designation, permitting both retail and office developments. The site is comprised of multiple lots, offering flexibility for various project sizes and development plans. Lot sizes range from 2.28 to 6.96 acres, providing ample space for substantial construction. Pricing is competitive, with land value ranging from $16 to $24 per square foot. Specifically, three lots are currently available: Lot 1, encompassing 53,070 square feet, is priced at $23.00 per square foot, totaling $1,220,610.00
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.