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Property profile & analytics
OFF-MARKET
Land

0 Space Vlg Ave & Peterson Blvd Colorado Springs, CO 80915

0.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land parcel, situated at the intersection of Space Village Ave and Peterson Blvd in Cimarron Hills, Colorado (zip code 80915), presents a unique investment opportunity. The property boasts a generous lot size ranging from 0.4 to 1.77 acres, offering ample space for development. Its strategic location provides unparalleled visibility from the heavily trafficked Highway 24, ensuring high exposure for any business. The site's proximity to Peterson Space Force Base, a major employer with approximately 19,000 personnel, makes it exceptionally well-suited for businesses catering to the base's workforce and the surrounding community. Ideal uses could include daycare centers, hotels, coffee shops, and other service-oriented businesses. The area enjoys a thriving commercial environment, with neighboring establishments including Dairy Queen, State Farm, Peoples Mortgage, and the Colorado Military Academy. Located in unincorporated El Paso County, the property benefits from county support for various zoning possibilities, offering flexibility for potential development plans. This prime location, combined with its size and accessibility, presents a compelling opportunity for investors seeking high-visibility commercial land in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 0.4 ac (17,424 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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