4609 Austin Bluffs Pkwy Colorado Springs, CO 80918
This 13,800 square foot vacant retail building, formerly a Rite Aid pharmacy, is located at 4609 Austin Bluffs Pkwy, Colorado Springs, CO 80918. The asking price is $1,700,000 ($123.19/SF). Situated in a high-traffic area with strong surrounding retail synergies, including Walmart, 7-Eleven, and numerous other national and local businesses. The property benefits from an affluent and dense population within a 5-mile radius, boasting over 245,957 people and nearly $4 billion in consumer spending (according to CoStar analytics). The MX-M zoning allows for a wide variety of uses, including mixed-use, retail, self-storage, quasi-industrial, marijuana stores, gas stations, medical offices, and multi-family residential. The location is proximate to Doherty High School, Carver Elementary School, and is within approximately 3.5 miles of the University of Colorado Colorado Springs, offering multiple traffic drivers and diverse customer bases. This presents a unique opportunity for investors and developers seeking a versatile property in a thriving Colorado Springs market. The property is currently vacant, offering immediate occupancy. The El Paso County location, within a booming MSA, and the city's substantial budget (over $1 billion) further enhance the investment potential.
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Family Dollar Discount Store
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.
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.