1783 Cheyenne Mtn Blvd, Colorado Springs, CO 80906-4030
- Strip malls
- 7,738 SF
- 0.78 lot acres
Current Use by Public Records
- Chase Mortgage / Loan Service / Bank
- Chase Bank / Bank / Loan Service
- Chase ATM / Atm
Property Details for 1783 Cheyenne Mtn Blvd
- Year built
- 2001
- Construction
- WOOD FRAME
- Lot size
- 0.78 lot acres
- Zone code
- PBC
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 6432103015
- APU
- 6432103015
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 4, 2024 | $2,800,000 | Shirley Family Investments LLC | Tay Ku LLC | Special Warranty Deed | — |
| Jan 24, 2018 | $2,650,000 | Tay Ku LLC | John J Parente And The Louis F Pare | Special Warranty Deed | $1.4M · Independent Bank |
| May 4, 2012 | — | Parente Louis F & D E 2011 Trust | Parente,louis F | Quit Claim Deed · related | — |
| Dec 29, 2003 | $2,800,000 | John J Parents | Cheyenne Center One LLC | Grant Deed | $1M · Wells Fargo Bank |
| Dec 29, 2000 | $445,000 | Cheyenne Center One LLC | Lot Two Cheyenne LLC | Grant Deed · related | $1.2M · Vista Bank |
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,800,000
- ML approach
- $2,800,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,247,000
Market price range: $1.02M - $3.08M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $2,060,000 Current use
- RESTAURANT
- $3,385,000 Change: +64% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $3,160,000 Change: +53% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $2,975,000 Change: +44% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,905,000 Change: -8% Conversion: Difficult
- MEDICAL BUILDING
- $1,860,000 Change: -10% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.801
- Latitude
- 38.7948
- CBSA code
- 17820
- CBSA name
- COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA