1783 Cheyenne Mountain Blvd Colorado Springs, CO 80906
- Strip malls
- 7,738 SF
- 0.78 lot acres
Current Use by Public Records
- Chase Mortgage / Mortgage Lender
- Chase Bank / Bank / Atm
- Chase ATM / Atm
Property Details for 1783 Cheyenne Mountain Blvd
- Year built
- 2001
- Construction
- WOOD FRAME
- Lot size
- 0.78 lot acres
- Property size
- 7,738 SF
- Zone code
- PBC
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 6432103015
- APU
- 6432103015
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 Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,800,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,935,000
- 6.5%
- $2,495,000
- 7%
- $2,685,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,775,000
- Geo Method
- $2,600,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,095,000
- Retail
- $2,595,000
- Mixed-Use
- $3,235,000
- Hospitality
- $2,500,000
- Educational
- $2,515,000
- Residential Income
- $2,650,000
- Energy
- $2,910,000
- Income-Based Land
- $3,430,000
- Food Service
- $3,025,000
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
