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Property profile

1827 Circle Dr Colorado Springs, CO 80909

OFF-MARKET
Retail properties & Spaces
64,818 SF 5.7 ac lot Built 1964
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Property summary

AI-generated overview

This exceptional retail property, located at 1827 & 1849 North Circle Drive in Colorado Springs, Colorado, presents a unique investment opportunity. The single-story building, totaling 64,818 square feet, sits on a generous 5.7-acre lot and was recently renovated in 2024. Currently, there are 1,584 square feet of vacant retail space available, ideal for a variety of businesses. The property features a high-traffic count and benefits from its location within an Opportunity Zone, potentially offering significant tax advantages for investors. Built in 1964, the building is zoned PBC and boasts a prime location in Colorado Springs, CO 80909. The available space is ready for immediate occupancy, featuring fresh paint and new carpeting. This property is perfect for businesses seeking high visibility and accessibility in a thriving Colorado Springs market. The property's APN is 6403322005. Additional space may also be available, ranging up to 1,725 square feet. This is a rare opportunity to secure a well-located, newly renovated retail space in a dynamic and growing area.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1964
Total area 64,818 SF
Lot 5.7 ac (248,292 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

1827 Circle Dr Colorado Springs, CO 80909
Colorado Springs metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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