120 Sahwatch St Colorado Springs, CO 80903
Property Lookup
Property profile & analytics
120 Sahwatch St Colorado Springs, CO 80903
- Distribution centers
- 13,527 SF
- 1.20 lot acres
Property ID
US13-0673768
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.
Location Intelligence
Current Use by Public Records
- Distribution centers
Property Details for 120 Sahwatch St
- Year built
- 1932
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.20 lot acres
- Property size
- 13,527 SF
- Zone code
- FBZ-CEN
- Property type
- Distribution centers
- APN
- 6418304003
- APU
- 6418304003
Description
This exceptional 2.3-acre development site is located in the heart of downtown Colorado Springs, offering unparalleled access to a vibrant urban environment. Situated within an Opportunity Zone and boasting unobstructed mountain views, this property presents a rare chance to capitalize on the area's remarkable growth. The site is zoned for Form-Based Zoning – Central Sector (FBZ CEN) with no height limit, allowing for significant development potential. Its prime location provides exceptional visibility from I-25, with over 130,000 vehicles passing daily. Furthermore, the property enjoys proximity to major attractions including the America the Beautiful Park (a 2-minute walk), the Pikes Peak Greenway Trail, the Pikes Peak Center for the Performing Arts, the U.S. Olympic & Paralympic Museum (one block away), and Weidner Field soccer stadium (three blocks away). The surrounding area features a thriving mix of businesses, including over 70 retail shops, 130+ restaurants, and numerous entertainment venues, attracting 11.86 million annual visitors. The low mill levy (64.762) and potential for property tax abatement through the Downtown Development Authority further enhance the investment appeal. With over $2 billion in recent and planned investments in downtown Colorado Springs, and a strong entrepreneurial spirit evidenced by 482 new business filings in 2022, this site represents a truly unique opportunity for significant return. The high concentration of renters (60% within one mile) also presents a strong potential for multifamily development. This is a truly exceptional opportunity to be part of Colorado Springs' continued downtown revitalization.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,618,000
- AI Estimate
- $1,310,000
Market price range: $1.62M - $3.40MMarket price range: $586k - $5.55M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $2,225,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.828
- Latitude
- 38.8316
- 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
$161,880
$63,110
$224,990
-
$580,219
$226,217
$806,436
