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    Land

    0 Swc Milton Proby Pkwy & Cresterra Pkwy, Colorado Springs, CO 80916

    1.7 ac lot
    Property ID
    Property summary
    AI-generated overview

    Prime commercial land for sale or ground lease in Colorado Springs' rapidly developing Peak Innovation Park. This exceptional opportunity presents multiple pad sites ranging from 1.7 to 6.1 acres, ideally suited for a variety of commercial developments. Located at the southwest corner of Milton Proby Parkway and Cresterra Parkway, the property boasts a highly visible location within a burgeoning area of El Paso County, Colorado, zip code 80916. The site's strategic position offers excellent access to major transportation arteries, ensuring convenient connectivity for businesses and their clientele. This is a rare chance to capitalize on the significant growth potential of this underserved market. The flexible options of outright purchase or ground lease allow for tailored investment strategies to meet diverse business needs. The expansive lot sizes provide ample space for substantial commercial projects, from retail centers and restaurants to office buildings and light industrial facilities. With its strategic location and significant acreage, this development presents a compelling investment opportunity for forward-thinking businesses seeking to establish a presence in a thriving Colorado Springs community. The property is situated at 38.7813605 latitude and -104.7104718 longitude. Don't miss this chance to secure your place in Peak Innovation Park.

    Property profile
    Verified
    Property type Land
    Lot 1.7 ac (74,052 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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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