4280 Promenade Dr Colorado Springs, CO 80920
This exceptional 1.03-acre commercial land parcel presents a remarkable investment opportunity in Colorado Springs, Colorado. Located at 4280 Promenade Drive, this property boasts a highly desirable location in the northeast part of the city, enjoying exceptional visibility and convenient access. The lot is zoned PBC, offering flexibility for a variety of commercial developments. Its strategic placement near prominent businesses such as Lifetime Fitness, Lowe's, and Children's Hospital ensures high traffic and strong potential for attracting customers. The property's APN is 62263-05-002. To further enhance its appeal, the seller provides architectural drawings for an 8,000 square foot retail building, streamlining the development process and offering a clear vision for future construction. This prime location, combined with the existing plans and zoning, makes this 1.03-acre lot an exceptional opportunity for investors seeking a high-impact commercial venture. The asking price for this exceptional property is $1,095,000. The property's address is 4280 Promenade Dr, Colorado Springs, CO 80920. Don't miss this chance to acquire a highly visible and strategically located commercial lot in a thriving Colorado Springs neighborhood.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.