You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $2,785,000
Strip malls

1614 Academy Blvd Colorado Springs, CO 80916-4527

9,600 SF 1.32 ac lot Built 2015
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US13-1326306
Property summary
AI-generated overview

This exceptional Class A retail space, totaling 9,600 square feet, is situated on a 1.32-acre lot in El Paso County. The property, featuring five individual suites, underwent a complete renovation in 2019. Currently, one suite remains available, offering 1,200 square feet of versatile space ideal for a variety of retail businesses. The minimum divisible space is also 1,200 square feet, making it perfect for a single tenant. The property boasts a highly desirable location, adjacent to a Walmart Neighborhood Grocery, ensuring high visibility and foot traffic. Convenient access to Academy Boulevard provides excellent accessibility for customers and employees. This is the last remaining space in this exceptional development, presenting a unique opportunity for a discerning business to establish a presence in a thriving retail environment. The property's APN is 6427111067 and is conveniently located near the intersection of Pace Street. The single building is comprised of five suites, offering a strong sense of community within a well-maintained complex. Don't miss this chance to secure a prime retail location in a high-traffic area. This is a truly exceptional opportunity for a business seeking a well-located, modern, and attractive retail space.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2015
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,600 SF
Lot 1.32 ac (57,499 SF)
Zoning code PBC AO
APN 6427111073
UPID US13-1326306
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • State Farm: Dan Lewis Insurance Agency
  • Session Supply Co. (Bike/Boat/Book/etc) Store
  • John Hall - State Farm Insurance Agent Insurance Agency
  • Tacos Del Gordo Restaurant
  • the drip spot Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.76M
CAP Approach CAP
$2.16M
Comparable Approach Comparable
$3.76M
Blend (final) Blend
$2.79M
Owner & transaction history
1614 Academy LLC · 1 yrs held
1614 Academy LLC
since 2025
Last sale
$2.8M
2 recorded transactions
2025
$2.8M
2021
$2.3M
Zoning & alternative use
PBC AO · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $4.2M +64.2%
Apartment house (5+ units) $3.9M +53.1%
Commercial (general) $3.7M +44.3%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1614 Academy Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message