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Property profile & analytics
OFF-MARKET Estimated value $1,535,000
Strip malls

2505 Chelton Rd Colorado Springs, CO 80916-2931

12,732 SF 1.45 ac lot Built 1983
Entity Owned 27-yr Hold ~ Est. High Equity
Property ID
US13-1150167
Property summary
AI-generated overview

This exceptional retail opportunity is located in a thriving Colorado Springs neighborhood shopping center at 2505 South Chelton Road, zip code 80916, El Paso County, Colorado. The property, known as Astrozon & Chelton, offers a total of 1,200 square feet of retail space, currently divided into multiple units. Three individual spaces are immediately available, ranging in size from 900 to 2,400 square feet, providing flexibility for various retail concepts. The center enjoys a highly visible corner location at the intersection of Astrozon Boulevard and Chelton Road, two major arteries providing convenient access to key areas of Colorado Springs. Its strategic position offers easy access to both South Academy Boulevard and South Powers Boulevard, two significant thoroughfares connecting the property to the Colorado Springs Airport to the east and Fort Carson to the south. This prime location ensures high traffic volume and excellent visibility for businesses seeking a strong presence in this dynamic market. The property's convenient access and prominent location make it an ideal choice for retailers seeking to establish or expand their operations in a bustling Colorado Springs neighborhood. The property type is classified as a shopping center.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1983
Construction WOOD FRAME
Total area 12,732 SF
Lot 1.45 ac (63,162 SF)
Zoning code PBC AO
APN 6426420004
UPID US13-1150167
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cardtronics ATM Atm
  • Loaf 'N Jug Grocery & Convenience Store
  • Western Union Bank Credit Union
  • Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.54M
Owner & transaction history
Chelton Fund INC · 27 yrs held
Chelton Fund INC
since 1998
1 recorded transaction
1998
$970,000
Zoning & alternative use
PBC AO · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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