1065 Garden Of The Gods Rd Colorado Springs, CO 80907
- Office buildings
- 23,266 SF
- 2.20 lot acres
Current Use by Public Records
- Reach Beyond / Religious Organization
Property Details for 1065 Garden Of The Gods Rd
- Year built
- 1986
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.20 lot acres
- Property size
- 23,266 SF
- Zone code
- C6
- Property type
- Office buildings
- APN
- 7325207033
- APU
- 7325207033
Description
This exceptional 23,266 square foot multi-tenant office, industrial, and flex space property, located at 1065 W Garden of the Gods Rd in Colorado Springs, CO 80907, presents a unique investment opportunity. Built in 1986 and situated on a 2.2-acre lot, the property benefits from a highly desirable location within the Garden of the Gods Corridor, offering exceptional visibility and convenient access to I-25 (a mere 3-minute drive). The zoning is MX-M (Mixed Use-Medium), allowing for diverse uses. Currently, 11,633 square feet of first-floor space is available for lease. The building features two dock-high doors and one drive-in door, catering to various logistical needs. This property is ideally suited for businesses seeking a prominent location in Northern Colorado Springs' prime office/flex submarket. The property's single suite layout offers flexibility and potential for customization. El Paso County location provides access to a strong workforce and thriving business community. This is a rare opportunity to secure a substantial and well-positioned commercial property in a highly sought-after area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $545,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $820,000
- 6.5%
- $795,000
- 7%
- $865,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $690,000
- Geo Method
- $720,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $770,000
- Retail
- $725,000
- Mixed-Use
- $660,000
- Hospitality
- $755,000
- Educational
- $900,000
- Residential Income
- $820,000
- Energy
- $770,000
- Income-Based Land
- $705,000
- Food Service
- $675,000
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.843
- Latitude
- 38.8962
- CBSA code
- 17820
- CBSA name
- COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA