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