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    1783 Cheyenne Mtn Blvd Colorado Springs, CO 80906-4030
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    Property profile & analytics

    1783 Cheyenne Mtn Blvd, Colorado Springs, CO 80906-4030

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    • Strip malls
    • 7,738 SF
    • 0.78 lot acres
    Off-Market
    Last Sale Jan 4, 2024
    $2,800,000
    Property ID
    US13-0966672
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,800,000
    Show details
    Cap Rate Potential
    3.4%
    Strip malls
    Location Intelligence

    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

    based on Realmo’s proprietary methodology
    • 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

    Get a detailed, property-specific estimation — fast and free


    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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $200,620
    $279,470
    $480,090
    -
    $719,079
    $1,001,677
    $1,720,756
    More about this property
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