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Property profile & analytics
OFF-MARKET Estimated value $2,150,000
Strip malls

2806 Pike Peak Ave Colorado Springs, CO 80909

16,250 SF 1.56 ac lot Built 1966
Trust Owned 19-yr Hold ~ Est. High Equity
Property ID
US13-0883527
Property summary
AI-generated overview

This exceptional retail property, located at 2806-2844 E Pikes Peak Avenue in Colorado Springs, Colorado, offers 16,250 square feet of space on a 1.56-acre lot in El Paso County. Currently configured as a multi-tenant building, one 1,486 square foot storefront unit is immediately available. The property boasts a highly desirable location at the busy intersection of Pikes Peak Avenue and Circle Drive, ensuring high foot traffic and excellent visibility for your business. This prime retail space provides convenient access to major roadways, making it easily accessible to customers. The property's strategic location and ample space present a significant opportunity for growth and success. Whether you're seeking to establish a new business or expand an existing one, this property offers exceptional potential. The property is zoned for retail use and is situated in a thriving commercial area of Colorado Springs, zip code 80909. This is an ideal opportunity to secure a prominent retail presence in a high-demand location. Contact us to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1966
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 16,250 SF
Lot 1.56 ac (67,954 SF)
Zoning code C5
APN 6415220028
UPID US13-0883527
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.15M
Owner & transaction history
Schaefer Claire Trust · 19 yrs held
Schaefer Claire Trust
since 2006
3 recorded transactions
2006
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C5 · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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