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Property profile & analytics
OFF-MARKET Estimated value $2,800,000
Strip malls

1783 Cheyenne Mtn Blvd Colorado Springs, CO 80906-4030

7,738 SF 0.78 ac lot Built 2001
Entity Owned 2-yr Hold Free & Clear
Property ID
US13-0966672
Property summary
AI-generated overview

Shops at Cheyenne Mountain Center offers a unique retail opportunity in a high-traffic location. This 7,736 square foot multi-tenant retail building, constructed in 2001, is situated at the southwest corner of Lake Avenue and E. Cheyenne Mountain Boulevard, providing direct access to and from Interstate 25. The property is zoned MX-M (formerly PBC) within the desirable Cheyenne Mountain Center business district, benefiting from proximity to major national retailers, hotels, restaurants, the Broadmoor World Arena, and USA Ice Hockey. Currently, 4,410 square feet of space is available, ideally suited for a variety of uses. The space is currently built out as a fitness center, offering a flexible layout adaptable to a tenant's specific needs. The building's location within El Paso County ensures excellent visibility and accessibility for customers. This presents a rare chance to establish a business in a thriving commercial hub with strong existing infrastructure and high consumer traffic. The available space is highly adaptable and can be subdivided to accommodate various business requirements. This prime retail location offers unparalleled access to a large and diverse customer base. Don't miss this exceptional opportunity to secure a prominent presence in a dynamic and successful commercial center.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2001
Construction WOOD FRAME
Total area 7,738 SF
Lot 0.78 ac (33,839 SF)
Zoning code PBC
APN 6432103015
UPID US13-0966672
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
  • Chase Mortgage Loan Service Bank
  • Chase Bank Bank Loan Service
  • Chase ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.80M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.25M
Blend (final) Blend
$2.80M
Owner & transaction history
Shirley Family Investments LLC · 2 yrs held
Shirley Family Investments LLC
since 2024
Last sale
$2.8M
5 recorded transactions
2024
$2.8M
2018
$2.7M
2012
Price N/A
2003
$2.8M
2000
$445,000
Zoning & alternative use
PBC · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $3.4M +64.2%
Apartment house (5+ units) $3.2M +53.1%
Commercial (general) $3.0M +44.3%
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