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    OFF-MARKET
    Land

    0 Nec Fountain Blvd & Aeroplaza Dr, Colorado Springs, CO 80916

    1.11 ac lot
    Property ID
    Property summary
    AI-generated overview

    Three exceptional commercial land parcels are available for sale at the highly visible intersection of Fountain Boulevard and Aeroplaza Drive in Colorado Springs, Colorado. This rapidly developing Airport submarket location offers unparalleled access and visibility. The properties are fully improved retail pad sites with on-site utilities, ensuring a streamlined development process. Strategically positioned just west of Powers Boulevard on the Highway 24 Bypass, these sites benefit from exceptional traffic counts and convenient access. Adding to the desirability, a 140-unit apartment complex is currently under construction directly adjacent to the property, creating a synergistic environment and increased foot traffic potential. While one lot is currently under contract, two prime opportunities remain. Lot 2 encompasses 1.11 acres and is priced at $18 per square foot. Lot 3 offers 1.55 acres at a price point of $13 per square foot. The permitted zoning is MX-M, allowing for a variety of commercial uses. These lots represent a rare opportunity to acquire prime commercial land in a thriving Colorado Springs submarket. The total acreage available ranges from 1.11 to 1.94 acres. Don't miss this chance to secure a piece of this dynamic location. Contact us today for more information and to schedule a site visit. The properties are located in El Paso County, Colorado, with a zip code of 80916.

    Property profile
    Verified
    Property type Land
    Lot 1.11 ac (48,352 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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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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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