1420 Academy Blvd Colorado Springs, CO 80909-3321
This exceptional 3,856-square-foot freestanding medical office building is ideally situated at 1420 N Academy Blvd in Colorado Springs, Colorado, zip code 80909. Priced at $549,000, this property presents a compelling opportunity for owner-users, investors, or developers. The building boasts a flexible floorplan and ample parking, making it highly adaptable to various needs. Currently occupied by a retiring veterinarian, the existing business and fixtures, furniture, and equipment (FF&E) are potentially available for purchase, offering a turnkey solution. The property's C-5 zoning allows for diverse uses, including office space, medical offices, live-work spaces, and multifamily developments, providing significant flexibility and potential for future growth. Its central location off Academy Boulevard ensures easy access to all areas of Colorado Springs. The asking price per square foot is $142.38. This prime location and versatile zoning make this a truly unique investment opportunity in a thriving Colorado Springs market. The property is located in El Paso County. Interested parties are encouraged to schedule a viewing to fully appreciate the potential of this remarkable property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C5 · Colorado Springs, COColorado Springs. Always verify with local authorities before improvements.
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.