Property profile

1550 Pulsar Dr Colorado Springs, CO 80916

OFF-MARKET
Medical Office Space
Property ID
US13-0104641
31,936 SF 6.38 ac lot Built 1995
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional medical office building, located at 1550 Pulsar Drive in Colorado Springs, CO 80916, offers a unique investment opportunity. The property, totaling 31,936 square feet, underwent a complete renovation in 2022, ensuring modern and efficient spaces for medical professionals. Built in 1995, the building boasts a prime location along the bustling Academy Corridor, providing optimal visibility and excellent signage opportunities for tenants. The property features a multi-tenant configuration with eight available suites ranging in size from 1,530 to 3,200 square feet, catering to a variety of medical practices. Ample parking is available, with a ratio of 9.39 spaces per 1,000 square feet. The property's APN is 64262-11-001, and it is situated in El Paso County. This is an ideal location for medical practices seeking high visibility and convenient access for patients. The building's recent renovation ensures modern amenities and a professional environment. The property's strategic location within the Matthews-Vu Medical Offices further enhances its appeal and provides a collaborative atmosphere for medical professionals. Don't miss this chance to secure space in a thriving medical hub.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1995
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 31,936 SF
Lot 6.38 ac (277,913 SF)
Zoning code PBC/CR AO
APN 6426211001
UPID US13-0104641

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pediatrician Medical Clinic
  • Pediatrician Physician
  • Pediatrician Physician
  • Pediatrician Physician
  • Pediatrician Physician

Location

1550 Pulsar Dr Colorado Springs, CO 80916-4503
Colorado Springs metro Census 6400 COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.25M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.28M

Owner & transaction history

since 2021
Last sale
$1.3M
4 recorded transactions
2021
Price N/A
2021
$1.3M
2005
$4.3M
2003
$75,400

Zoning & alternative use

PBC/CR AO · Colorado Springs, CO

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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