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    OFF-MARKET
    Land

    0 Nwc Barnes Rd & Marksheffel Rd, Colorado Springs, CO 80908

    0.95 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial land offering presents two contiguous lots totaling nearly two acres (Lot 3: 1.03 acres and Lot 4: 0.95 acres) in the rapidly expanding Banning Lewis Ranch area of Colorado Springs, Colorado (zip code 80908). Located at the Northwest corner of Barnes Road and Marksheffel Road, this property boasts excellent visibility and accessibility, benefiting from high traffic counts. The Banning Lewis Ranch master plan encompasses 18,000 acres, projected to include 70,000 residential units and 20 million square feet of retail, office, industrial, and civic space, creating a vibrant and growing community. This prime location serves as a main arterial route to the Northgate of Peterson Space Force Base, further enhancing its strategic value. The property's zoning is currently unknown, presenting an opportunity for various commercial developments. This is an ideal investment for developers seeking a prominent location within a thriving, master-planned community. The lots are situated in El Paso County, Colorado.

    Property profile
    Verified
    Property type Land
    Lot 0.95 ac (41,382 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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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