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 $1,630,000
Strip malls

1634 Nevada Ave Colorado Springs, CO 80905-2404

9,005 SF 1.62 ac lot Built 2018
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US13-2326772
Property summary
AI-generated overview

This exceptional retail opportunity presents 9,005 square feet of commercial space within the Ivywild Retail Center, situated at 1634 S Nevada Ave, Colorado Springs, CO 80906. Currently, 2,015 square feet are available for lease, offering a versatile space ideal for a variety of retail businesses. The property is zoned C-5, allowing for a range of commercial uses. The center is strategically located in the South Nevada Urban Renewal Area, a rapidly developing region that has experienced significant improvements and new construction in recent years, promising continued growth and increased foot traffic. This location also benefits from being within a Pikes Peak Enterprise Zone, providing eligible businesses with valuable income tax credits and incentives. The existing building offers multiple tenancies, creating a vibrant and diverse retail environment. The available space provides an excellent chance to establish or expand a business in a thriving and supportive community. This property offers a unique blend of established success and future potential, making it an attractive investment opportunity. The property's prime location and the ongoing revitalization of the surrounding area ensure strong visibility and accessibility for potential customers. Don't miss this chance to secure a space in a dynamic and growing retail center.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2018
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,005 SF
Lot 1.62 ac (70,567 SF)
Zoning code C5 SS
APN 6430201029
UPID US13-2326772
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
  • Tokyo Joe's - S Nevada Restaurant
  • Smashburger Restaurant
  • European Wax Center Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.92M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.63M
Owner & transaction history
Ivy Wild LLC · 6 yrs held
Ivy Wild LLC
since 2019
7 recorded transactions
2019
$5.2M
2018
Price N/A
2018
Price N/A
2017
Price N/A
2017
Price N/A
2016
$862,500
1969
Price N/A
Zoning & alternative use
C5 SS · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 1634 Nevada Ave?
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