350 Runway Pt, Colorado Springs, CO 80916
This exceptional 1-square-foot retail property presents a unique investment opportunity in Colorado Springs, Colorado. Situated at 350 Runway Point, this strategically located parcel boasts a prime position at the west entrance to Peterson Air Force Base, home of the U.S. Space Command Center. The property's 1.34-acre lot size is a rarity in this area, offering significant development potential. Its location within the Pikes Peak Enterprise Zone provides attractive tax incentives. The site benefits from exceptional visibility and accessibility, with convenient proximity to Colorado Springs Airport and Interstate 25. The high-traffic intersection of Powers Boulevard and Airport Road sees over 67,000 vehicles daily, ensuring significant exposure for any business. Furthermore, the property is within walking distance of Sand Creek and future retail developments, promising continued growth and increased foot traffic. The property is zoned MX-M City of Colorado Springs, allowing for a variety of retail uses. This is a rare opportunity to acquire a substantial parcel in a rapidly developing area with exceptional visibility and access to a large and diverse customer base.
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.