11950 Tourmaline Dr Peyton, CO 80831
- Retail properties
- 13,956 SF
Current Use by Public Records
- Retail properties
Property Details for 11950 Tourmaline Dr
- Property size
- 13,956 SF
- Property type
- Retail properties
Description
The Shops at Meridian Ranch, Building E, presents a unique investment opportunity in the rapidly growing Peyton, Colorado market. This single-story, 13,956 square foot retail strip center sits on a 3.42-acre lot and is zoned CR (Commercial Regional) in El Paso County. Currently, 6,160 square feet of space is available, divisible into units ranging from 1,707 to 2,408 contiguous square feet, ideal for a variety of retail uses. The property's location within the Meridian Ranch development offers unparalleled access to a thriving residential community with limited existing retail options within a two-mile radius. This presents a significant opportunity to serve the immediate needs of residents and surrounding neighborhoods, catering to demands for essential services such as restaurants, banks, convenience stores, and other retail businesses. The address is 11950 Tourmaline Dr, Peyton, CO 80831. This is a chance to establish a strong presence in a burgeoning market with high growth potential. The property's strategic location and ample space make it an attractive proposition for businesses seeking to capitalize on the area's expanding population and consumer base. The Shops at Meridian Ranch offers a chance to be a part of a thriving community and establish a successful retail operation.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Peyton
- County
- El Paso
- State
- Colorado
- Longitude
- -104.607
- Latitude
- 38.9721