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    Property profile & analytics

    107 Nevada Ave Colorado Springs, CO 80903

    • Retail space
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US13-2591185
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Colorado Springs Auditor / Medical Clinic / Audiologist
    • Trimix Shot Clinic / Medical Clinic
    • Colorado Springs City Hall / City Government Office
    • City Hall Bicycle Parking / Bicycle Rack
    • Colorado Springs Public Comm / City Government Office

    Property Details for 107 Nevada Ave

    Property type
    Retail space
    Property subtype
    Storefront properties

    Description

    This fully operational cannabis dispensary in Colorado Springs, CO, is offered at $1,700,000. Boasting 4,500 sq ft (3,400 sq ft retail), it generated $2.8M in gross revenue in 2023 and is on track for $2M in 2024. The 5-year lease (with a 5-year option) costs $3,700/month + NNN. The sale includes all equipment: six POS systems with debit card terminals, three safes, an ATM, thirteen display cases, seven refrigerators, all inventory, packaging, supplies, computers, office equipment, furniture, decorations, and two DVR systems with 24 cameras. Ten or more parking spaces are available. Thirty days of seller training are provided. The business employs seven people and holds the necessary licenses for retail storefront cannabis sales. Seller financing is available with a $750,000 down payment. A non-disclosure agreement and proof of financials are required before further details are released.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.8209748
    Latitude
    38.8356601

    Comparable in this City

    • $2,200,000
      7,500 SF

      Downtown Colorado Springs Retail Gem

      Historic building, prime location, owner-user opportunity
      206 Tejon St, Colorado Springs, CO 80903
      View Details
    • $1,300,000

      Downtown Colorado Springs Storefront

      Historic Charm, Modern Retail Space
      330 Institute St, Colorado Springs, CO 80903
      View Details
    • $1,800,000
      6,940 SF

      Downtown Retail Space For Sale

      Shell condition retail space in prime downtown location.
      123 E Bijou St, Colorado Springs, CO 80903
      View Details
    • $1,850,000
      6,940 SF

      Downtown Colorado Springs Office/Retail

      Prime location, 6,940 sq ft, vacant, $1.85M
      123 Bijou St, Colorado Springs, CO 80903
      View Details
    • $2,200,000
      7,500 SF

      Downtown Colorado Springs Retail Building

      Turn-of-the-century building in the heart of downtown.
      206 N Tejon St, Colorado Springs, CO 80903
      View Details
    • $895,000

      Redeveloped Retail Condo For Sale

      Retail condo unit in a prime location for sale.
      E Bijou St, Colorado Springs, CO 80903
      View Details

    Similar Nearby for Sale

    • $1,300,000

      Downtown Colorado Springs Storefront

      Historic Charm, Modern Retail Space
      330 Institute St, Colorado Springs, CO 80903
      View Details
    • $1,850,000
      6,940 SF

      Downtown Colorado Springs Office/Retail

      Prime location, 6,940 sq ft, vacant, $1.85M
      123 Bijou St, Colorado Springs, CO 80903
      View Details
    • $2,200,000
      7,500 SF

      Downtown Colorado Springs Retail Gem

      Historic building, prime location, owner-user opportunity
      206 Tejon St, Colorado Springs, CO 80903
      View Details
    • $1,800,000
      6,940 SF

      Downtown Retail Space For Sale

      Shell condition retail space in prime downtown location.
      123 E Bijou St, Colorado Springs, CO 80903
      View Details
    • $2,200,000
      7,500 SF

      Downtown Colorado Springs Retail Building

      Turn-of-the-century building in the heart of downtown.
      206 N Tejon St, Colorado Springs, CO 80903
      View Details
    • $599,000
      3,409 SF

      Colorado Springs Commercial Space For Sale

      3,409 SF commercial space on a 17,110 SF lot.
      707 E Moreno Ave, Colorado Springs, CO 80903
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      1,618 SF

      Downtown Retail Space For Lease

      Versatile 1,618 SF retail space in walkable downtown location.
      517-523 S Tejon St, Colorado Springs, CO 80903
      View Details
    • Contact for pricing
      4,470 SF

      Downtown Colorado Springs Retail Space

      Retail space in desirable northside of downtown Colorado Springs.
      710 N Weber St, Colorado Springs, CO 80903
      View Details
    • Contact for pricing
      6,172 SF

      Restaurant and Retail Space Available

      Restaurant and retail spaces with creekwalk access, available for lease.
      118 E Cheyenne Ave, Colorado Springs, CO 80903
      View Details
    • $22 SF/Yr
      3,756 SF

      Downtown Colorado Springs Retail Space

      Historic retail location with existing restaurant infrastructure and rear access.
      122 N Tejon St, Colorado Springs, CO 80903
      View Details
    • $14 SF/Yr
      3,500 SF

      Versatile Space Near Popular Amenities

      Adaptable space suitable for office, retail, or live-work arrangements.
      530 S Nevada Ave, Colorado Springs, CO 80903
      View Details
    • Contact for pricing
      3,988 SF

      Downtown Retail and Hotel Space

      Prime downtown location with modern guest rooms and conference space.
      123-125 N Cascade Ave, Colorado Springs, CO 80903
      View Details

    Property Visit Statistics

    • Visits by month
      6.1k
    • Visitors by month
      3.5k
    • Avg Time on site
      537 min
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    107 Nevada Ave
    Colorado Springs, CO 80903
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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