Technical
Financial
Distress signals
Property profile

335 Circle Dr Colorado Springs, CO 80909

OFF-MARKET
Retail properties & Spaces
9,600 SF Built 1965
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Property summary

AI-generated overview

This exceptional 9,600-square-foot storefront, located at 335 N Circle Dr in Colorado Springs, CO 80909, presents a unique investment opportunity. The property, built in 1965 and extensively renovated in 2021, boasts a Class C designation and sits on a sizable 15,800-square-foot lot. Currently operating at 100% occupancy as a single-tenant retail space, the building features two stories and is zoned C6, allowing for a variety of uses. The asking price is $849,900, translating to $182.29 per square foot. The land value alone is assessed at a comparable $182.30 per square foot. The property's prime location on a busy street ensures high visibility and significant traffic exposure. Importantly, the property is approved for medical marijuana retail and cultivation. The seller is open to owner financing options with a negotiable percentage. This presents a rare chance to acquire a well-maintained, versatile commercial property in a thriving Colorado Springs location with significant upside potential. The current lease has approximately two months remaining.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1965
Total area 9,600 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

335 Circle Dr Colorado Springs, CO 80909
Colorado Springs metro
Google Maps

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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