4020 Center Park Dr, Colorado Springs, CO 80916
This exceptional 1.9-acre commercial land parcel, located at 4020 Center Park Dr, Colorado Springs, CO 80916, presents a unique investment opportunity. Zoned MX-M/PAO, this property offers significant potential for development. The lot size totals approximately 83,133 square feet, with a land value of $15.04 per square foot, resulting in an asking price of $1,250,000. Strategically situated at the southeast corner of Academy Park Loop and East Fountain Boulevard, this pad site boasts exceptional visibility, benefiting from over 38,000 vehicles passing daily on East Fountain Boulevard. Its prime location offers significant advantages, including proximity to a brand-new, extended-stay premier hotel and convenient access to the Colorado Springs Airport. An onsite detention pond is included, simplifying development considerations. This highly visible and accessible location makes it ideal for a variety of commercial ventures. The property's size and zoning provide ample flexibility for various development plans, making it an attractive investment for discerning buyers seeking a high-impact commercial property in a thriving Colorado Springs market. Don't miss this chance to acquire a premier commercial land parcel in a rapidly growing area.
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.