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    211 8th St Colorado Springs, CO 80905

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    211 8th St Colorado Springs, CO 80905


    • Strip malls
    • 10,555 SF
    • 2.52 lot acres
    Off-Market
    Last Sale Sep 12, 2024
    $850,000
    Property ID
    US13-0447717
    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
    $620,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 211 8th St

    Year built
    1987
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.52 lot acres
    Property size
    10,555 SF
    Zone code
    C6 P
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    7413404008
    APU
    7413404008

    Description

    Cimarron Station, located at 211-229 S Eighth St, Colorado Springs, CO 80905, presents a unique investment opportunity. This exceptional property encompasses 2.52 acres of land, featuring a 10,555 square foot retail building constructed in 1987. The single-story building sits on a lot zoned MX-L, offering significant potential for redevelopment or continued operation. The property boasts excellent visibility and accessibility, situated in a high-traffic area with over 106,100 vehicles passing daily. Its prime location along the rapidly expanding Highway 24 corridor ensures high exposure and strong potential for attracting customers. The close proximity to downtown Colorado Springs and the central business district (CBD) further enhances its desirability. The property's zoning allows for a variety of commercial uses. Additionally, there's a possibility of installing a 30-foot pole sign, providing even greater visibility from Interstate 25. The asking price for this exceptional retail property is $850,000. This presents a rare chance to acquire a well-positioned asset in a thriving Colorado Springs market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $459,000
      Market price range: $251k - $770k

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


    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.839
    Latitude
    38.8314
    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
    $248,070
    $289,540
    $537,610
    -
    $889,145
    $1,037,765
    $1,926,910
    More about this property
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