888 Garden Of The Gods Rd Colorado Springs, CO 80907
- Office buildings
- 29,639 SF
- 2.20 lot acres
Current Use by Public Records
- Center for Employment Opportunities / Non-Profit Organization
- 1st Alliance Treatment Services / Medical Clinic
- Adult Parole Supervision Division / Probation Office
- Colorado Division of Adult Parole / Government Office
- Pro Yoga / Yoga Studio
Property Details for 888 Garden Of The Gods Rd
- Year built
- 1979
- Construction
- WOOD FRAME
- Lot size
- 2.20 lot acres
- Property size
- 29,639 SF
- Zone code
- PIP2 CU UV
- Property type
- Office buildings
- APN
- 7324301034
- APU
- 7324301034
Description
This exceptional Colorado Springs office building, located at 888 Garden of the Gods Rd, offers 5,209 square feet of immediately available space in a 30,038 square foot building. The property boasts excellent visibility from Garden of the Gods Road and convenient proximity to I-25. Built in 1979 and renovated in 2013, this two-story Class D building sits on 2.2 acres of land (APN 7324301034) and features a spacious parking lot with 128 spaces. The available suite includes a separate exterior entrance, an in-suite kitchenette and restrooms, four individual offices, two conference rooms, and open flex space allowing for customized configurations. Common area restrooms are also available. The property is zoned PIP2 CU UV and is situated in the Northwest submarket cluster of Colorado Springs, El Paso County, CO 80907. This versatile space is suitable for traditional, medical, or creative office uses, offering a blend of functionality and comfort for various business needs. Multiple tenants are currently occupying the building.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $530,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $705,000
- 6.5%
- $680,000
- 7%
- $770,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $830,000
- Geo Method
- $760,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $890,000
- Retail
- $765,000
- Mixed-Use
- $745,000
- Hospitality
- $845,000
- Educational
- $760,000
- Residential Income
- $825,000
- Energy
- $760,000
- Income-Based Land
- $795,000
- Food Service
- $820,000
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.844
- Latitude
- 38.8973
- CBSA code
- 17820
- CBSA name
- COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA