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    1150 Academy Park Loop Colorado Springs, CO 80910-3714
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    Property profile & analytics

    1150 Academy Park Loop Colorado Springs, CO 80910-3714


    • Office buildings
    • 98,638 SF
    • 5.74 lot acres
    Off-Market
    Property ID
    US13-0808003
    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.

    Value Estimations
    $15,455,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lockheed Martin Corporation / Corporate Office / Factory
    • Sierra Properties / Property Management Company
    • nou Systems, Inc. / Engineering Consultant
    • JBTEC / Military Base

    Property Details for 1150 Academy Park Loop

    Year built
    1983
    Construction
    STEEL FRAME
    Lot size
    5.74 lot acres
    Property size
    98,638 SF
    Zone code
    PBC AO
    Property type
    Office buildings
    APN
    6422406003
    APU
    6422406003

    Description

    This exceptional office property, located at 1150 Academy Park Loop in Colorado Springs, CO 80910, offers a prime opportunity for businesses seeking flexible and well-appointed space. The building, totaling 90,766 square feet, boasts a traditional office design and underwent significant renovations in 2018, ensuring modern amenities and functionality. Currently, there are multiple tenancies available, with individual suites ranging from 933 to 2,063 square feet, providing options to accommodate various business needs. The building features a continuous window line, maximizing natural light throughout the space. With 27,000 square feet currently vacant, there is ample opportunity for immediate occupancy. The property's convenient location offers easy access to the Colorado Springs Airport and Peterson Air Force Base, making it an ideal location for businesses with employees or clients in these areas. Built in 1983, the building benefits from recent upgrades while maintaining a classic professional aesthetic. The ample parking, with a ratio of 4 spaces per 1,000 square feet, ensures convenient parking for tenants and their visitors. The property is zoned PBC within El Paso County, Colorado. This is a rare opportunity to secure high-quality office space in a desirable location with excellent accessibility and modern features.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $17,260,000
      6.5%
      $15,935,000
      7%
      $14,795,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $13,495,000
      Market price range: $13.5M - $31.9M
      AI Estimate
      $16,938,000
      Market price range: $3.06M - $51.4M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $21,065,000
      Current use
      AUTO REPAIR, GARAGE
      $24,280,000
      Change: +15% Conversion: Difficult
      MEDICAL BUILDING
      $23,725,000
      Change: +13% Conversion: Easy
      RETAIL STORES
      $20,725,000
      Change: -2% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.759
    Latitude
    38.816
    CBSA code
    17820
    CBSA name
    COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $268,480
    $1,606,760
    $1,875,240
    -
    $962,288
    $5,759,006
    $6,721,294
    More about this property
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