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Property profile & analytics
OFF-MARKET
Land

1860 Office Club Pt Colorado Springs, CO 80920

2.1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.1-acre commercial land parcel, located at 1860 Office Club Point in Colorado Springs, Colorado (zip code 80920), presents a unique investment opportunity. Zoned MX-M, this property offers significant potential for a variety of development projects. The land's value is calculated at $13.66 per square foot, resulting in an asking price of $1,250,000. Its desirable northern Colorado Springs location boasts stunning views of the Pine Creek Golf Course and the surrounding mountains. The scarcity of available land parcels of this size in this area makes this a truly rare find. Given the surrounding development, including hotels and multifamily residential buildings, this site is ideally suited for similar projects. However, the MX-M zoning allows for a wide range of development possibilities, providing considerable flexibility for the prospective buyer. The property's latitude and longitude coordinates are 38.966521 and -104.793617 respectively, allowing for easy location verification. This is a remarkable opportunity to acquire a prime piece of land in a thriving Colorado Springs neighborhood with exceptional views and development potential. El Paso County is the location of this property.

Property profile
Verified
Property type Land
Lot 2.1 ac (91,476 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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