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    OFF-MARKET
    Retail properties & Spaces

    450 Runway Pt, Colorado Springs, CO 80916

    1 SF 13 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 13-acre restaurant property, located at 450 Runway Point in Colorado Springs, CO 80916, presents a unique investment opportunity. Situated at the west entrance to Peterson Air Force Base, home of U.S. Space Command Center, this location boasts unparalleled visibility and accessibility. The property is zoned MX-M City of Colorado Springs and benefits from its placement within a Pikes Peak Enterprise Zone, offering potential tax advantages. With convenient proximity to Colorado Springs Airport and I-25, this site enjoys exceptional connectivity. The land value is $8 per square foot. This is one of the few remaining large parcels available in this high-traffic area, experiencing over 67,000 vehicles per day at the Powers Blvd & Airport Rd intersection. The property's single-story building offers immediate potential for a restaurant or similar retail establishment. Furthermore, its walkable distance to Sand Creek and future retail developments ensures continued growth and high foot traffic. This is a rare chance to acquire a significant commercial property in a rapidly developing area with strong potential for high returns. The property consists of one building on a 13-acre lot.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 1 SF
    Lot 13 ac (566,280 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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