10634 Maltese Pt, Peyton, CO 80831-4761
- Strip malls
- 7,500 SF
- 1.02 lot acres
Current Use by Public Records
- Strip malls
Property Details for 10634 Maltese Pt
- Year built
- 2021
- Lot size
- 1.02 lot acres
- Zone code
- PUD
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 5311101016
- APU
- 5311101016
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 15, 2025 | $2,500,000 | Alliance Commercial Properties INC | Jesse R Tix | Warranty Deed | $1.3M · Blue FCU |
| Apr 21, 2022 | — | Jesse R Tix | — | Deed · related | $899k · Farmers State Bank Of Calhan |
Description
This exceptional 7,500-square-foot retail storefront in Peyton, Colorado, presents a compelling investment opportunity. Built in 2021, the single-story building boasts three fully occupied units under a triple-net (NNN) lease with a remaining term of four years and rent bumps. The property, situated on a 44,431-square-foot lot, offers 43 parking spaces, ensuring ample convenience for tenants and customers. Located at 10634 Maltese Point, Peyton, CO 80831, this strategically positioned center benefits from its proximity to Woodmen Road and Highway 24, serving the rapidly expanding eastern Colorado Springs suburb. The property's PUD zoning allows for versatility, while the 100% occupancy guarantees immediate income generation. With a 6.85% capitalization rate and a price per square foot of $346.47, this investment offers a strong return. The land value alone is $58.48 per square foot. The net rentable area is 7,479 square feet. This is a turnkey investment ideal for those seeking a stable, high-performing retail asset in a thriving market. The asking price is $2,598,500. The property features wood and stucco construction.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,445,000
- ML approach
- $2,345,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,915,000
- 6.5%
- $1,770,000
- 7%
- $1,640,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,236,000
Market price range: $992k - $3.24M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $2,075,000 Current use
- RESTAURANT
- $3,185,000 Change: +54% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $2,540,000 Change: +22% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $2,380,000 Change: +15% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $2,030,000 Change: -2% Conversion: Difficult
- MEDICAL BUILDING
- $1,825,000 Change: -12% Conversion: Difficult
- RETAIL STORES
- $1,765,000 Change: -15% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Peyton
- County
- El Paso
- State
- Colorado
- Longitude
- -104.63
- Latitude
- 38.9401
- CBSA code
- 17820
- CBSA name
- COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
