Rhinestone Dr Colorado Springs, CO 80908
- Land
- 4.78 lot acres
Current Use by Public Records
- Land
Property Details for 0 Rhinestone Dr
- Lot size
- 4.78 lot acres
- Property type
- Land
Description
This exceptional 4.78-acre commercial land parcel, located in Colorado Springs, Colorado, presents a unique investment opportunity. Zoned PBC (Planned Business Center), this site is ideally situated in a rapidly growing area of Northeast Colorado Springs, offering excellent visibility from Powers Boulevard and Old Ranch Road. The property is fully approved for development as a 501-unit self-storage facility, eliminating lengthy permitting processes and allowing for immediate project commencement. Its "shovel-ready" status significantly reduces time to market and minimizes pre-development costs. The location boasts limited competition within the immediate submarket, ensuring a strong potential for return on investment. The address is Rhinestone Dr, Colorado Springs, CO 80908, within El Paso County. This prime location and the approved development plan make this a compelling opportunity for investors seeking a high-growth, low-risk venture in a thriving Colorado Springs market. The asking price for this exceptional property is $2,080,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.773
- Latitude
- 38.9865
