0 Ent Pkwy & Federal Dr Colorado Springs, CO 80921
This exceptional 1-square-foot medical office building presents a unique investment opportunity in Colorado Springs, Colorado. Located at the intersection of Ent Parkway and Federal Drive, this property boasts a prime location within a thriving commercial area, surrounded by established businesses such as Scheels, Great Wolf Lodge, Starbucks, and Dunkin Donuts. The 1.62-acre lot is zoned PUD (Planned Unit Development), offering significant potential for expansion or redevelopment. The asking price is $1,050,000, translating to $14.88 per square foot and $648,148 per acre. The property is situated in a high-income area with an average household income of $150,000 and an average age of 36. An approved development plan aligns with the city's Green Infrastructure Directive. Potential uses include office space, medical offices, daycare centers, or veterinary hospitals. This property offers a rare chance to acquire a strategically located asset in a rapidly growing market with significant upside potential. The property's current size is listed as 1 square foot, however, the significant acreage and approved development plan suggest substantial future development possibilities. Further due diligence is recommended to fully assess the development potential of this unique offering.
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
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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.