201 N Academy Blvd Colorado Springs, CO 80909
Property Lookup
Property profile & analytics
201 N Academy Blvd Colorado Springs, CO 80909
- Strip malls
- 12,155 SF
- 1.97 lot acres
Property ID
US13-0332287
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.
Location Intelligence
Current Use by Public Records
- Strip malls
Property Details for 201 N Academy Blvd
- Year built
- 1972
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.97 lot acres
- Property size
- 12,155 SF
- Zone code
- C5 AO
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 6414204034
- APU
- 6414204034
Description
Academy Tower Plaza, a Class C retail strip center in El Paso County, presents a compelling investment opportunity. This well-located property boasts 25,130 square feet of total retail space situated on Academy Boulevard near Bijou Street and the Citadel Mall, ensuring high visibility and traffic. The center offers six available spaces, ranging from a minimum of 700 square feet to a maximum contiguous space of 5,168 square feet. Currently, 8,396 square feet are vacant, providing significant potential for new tenants. Ground level spaces are available at a competitive rate of $9.00 to $12.00 per square foot, with estimated net operating expenses of $3.50 per square foot. The property benefits from excellent street visibility, convenient access to downtown El Paso, and stunning mountain views. This is an ideal location for businesses seeking high foot traffic and exposure in a thriving commercial corridor. The property's strategic location near the Citadel Mall shopping corridor further enhances its appeal to potential tenants and investors. The available spaces offer flexibility for a variety of retail uses, making this a versatile and attractive investment opportunity. The combination of prime location, competitive pricing, and significant vacant space makes Academy Tower Plaza a strong contender in the El Paso County retail market.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,800,000
- 6.5%
- $2,585,000
- 7%
- $2,400,000
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $3,240,000 Current use
- MEDICAL BUILDING
- $2,925,000 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
- -104.757
- Latitude
- 38.8365
- 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
$209,490
$705,300
$914,790
-
$750,864
$2,527,960
$3,278,824
