1303 Costilla St Colorado Springs, CO 80905
This exceptional 2.61-acre commercial land parcel in Colorado Springs, Colorado, presents a unique investment opportunity. Situated at 1303-1311 W Costilla St, zip code 80905, the property is zoned R-5, offering considerable development potential. Its strategic location provides convenient access to major transportation arteries, including Interstate 25 and US Highway 24, ensuring seamless connectivity throughout the city. The site benefits from its proximity to a variety of popular attractions and amenities, including the US Olympic & Paralympic Museum, America the Beautiful Park, Weidner Field, The New South Equestrian Center, Bear Creek Regional Park, Bear Creek Dog Park, Old Colorado City, and Manitou Springs. This prime location offers the best of both worlds: easy access to downtown Colorado Springs' vibrant cultural scene and recreational opportunities, while also enjoying convenient access to major roadways. The property's size and zoning make it suitable for a range of commercial developments, catering to diverse business needs. This is an exceptional opportunity to acquire a well-positioned commercial land parcel in a thriving Colorado Springs market. Serious inquiries are encouraged to explore the possibilities this property offers. The El Paso County location adds to the appeal of this exceptional offering.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.