0 Cor Of Fillmore St And Centennial Blvd, Colorado Springs, CO 80919
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.