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    OFF-MARKET
    Office Spaces

    0 Cor Of Fillmore St And Centennial Blvd, Colorado Springs, CO 80919

    95,317 SF 17.8 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 17.8-acre development site presents a unique opportunity in Colorado Springs, Colorado. Located at the southeast corner of Fillmore Street and Centennial Boulevard, this property boasts 95,317 square feet of existing office space within a three-story building, zoned as a Planned Unit Development (PUD). The land itself is valued at $10 per square foot. The elevated location provides panoramic city views and a scenic mountain backdrop, enhancing the property's appeal. Its strategic position offers excellent access and visibility to I-25, a significant advantage for attracting tenants and maximizing exposure. The site benefits from a signalized intersection and proximity to numerous amenities, including the Grandview Marketplace (anchored by a grocery store), various restaurants, banking facilities, a salon, a gas station, and a rehabilitation hospital. This location is less than a five-minute drive from the central business district and the Garden of the Gods corridor, making it highly desirable. The property represents one of the few remaining development sites in West Colorado Springs, adding to its exclusivity. Furthermore, the Centennial Extension to Fontanero, projected for completion in 2018, will further enhance accessibility and connectivity. This property is ideal for developers seeking a prime location for a medical office complex or similar development.

    Property profile
    Verified
    Property type Office Spaces
    Total area 95,317 SF
    Lot 17.8 ac (775,368 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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