450 Runway Pt Colorado Springs, CO 80916
- Retail properties
- 1 SF
- 13.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 450 Runway Pt
- Lot size
- 13.00 lot acres
- Property size
- 1 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.729
- Latitude
- 38.8266
