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Property profile & analytics
OFF-MARKET
Land

0 Nwc Of Palmer Park Blvd & Powers Blvd Colorado Springs, CO 80915

2.28 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in Colorado Springs, Colorado. 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 development. Two parcels are available, one measuring approximately 99,483 square feet (2.28 acres) and the other significantly larger at 203,807 square feet (4.68 acres). The land is priced competitively at $10 to $16 per square foot, offering a compelling value proposition for developers. The site benefits from exceptional visibility and accessibility, situated at a major intersection with high traffic counts. Powers Boulevard boasts an impressive daily traffic count of 66,924 vehicles, while Palmer Park Boulevard sees 20,000 vehicles daily, ensuring significant exposure for any development. Pad sites are available starting at 40,000 square feet, providing ample space for a variety of commercial projects. This prime location in El Paso County, with a zip code of 80915, offers unparalleled potential for substantial returns. The property's strategic positioning and flexible zoning make it ideal for a wide range of commercial ventures, from retail shops and restaurants to office buildings and other commercial uses. Don't miss this chance to acquire a highly sought-after commercial land parcel in a thriving Colorado Springs market.

Property profile
Verified
Property type Land
Lot 2.28 ac (99,317 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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