0 21St St Colorado Springs, CO 80904
This exceptional retail and restaurant property, located at the prominent intersection of Highway 24 and 21st Street in Colorado Springs, Colorado, presents a unique investment opportunity. Situated in El Paso County, with a zip code of 80904, this mixed-use property offers a flexible layout suitable for a variety of businesses. The site encompasses a substantial area ranging from one to twenty acres, providing ample space for development and expansion. Currently, one retail space is available within the larger building, which is categorized as having multiple tenancies. The property's classification includes both retail and restaurant uses, making it ideal for a diverse range of commercial ventures. Its prime location at a busy intersection ensures high visibility and accessibility, attracting significant foot traffic and vehicular exposure. The property's total building square footage is currently listed as one square foot, however, this is likely an error in the provided data and should be verified independently. Further investigation into the exact building size and available space is recommended. This property is an excellent choice for entrepreneurs seeking a high-impact location in a thriving Colorado Springs market. The property's mixed-use zoning allows for a variety of potential uses, making it a versatile and attractive investment.
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
Similar Nearby for Lease
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.