2886 S Circle Dr Colorado Springs, CO 80906
Property profile & analytics
2886 S Circle Dr Colorado Springs, CO 80906
- Hotels
- 229,159 SF
- 16.85 lot acres
Property ID
US13-2757557
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
- Oasis Event Center / Hotel & Motel / Resort
- Alta Hotel / Hotel & Motel
- Alta Apartments / Apartment Complex
- ALTA Living / Apartment Complex / Extended Stay Hotel
- gsXsiempre / (Bike/Boat/Book/etc) Store / Cosmetic Store
Property Details for 2886 S Circle Dr
- Year built
- 1974
- Lot size
- 16.85 lot acres
- Property size
- 229,159 SF
- Zone code
- PBC
- Property type
- Hotels
- APN
- 6429408015
- APU
- 6429408015
Description
This exceptional retail space, totaling 2,580 square feet, is available for lease within the recently renovated Alta Apartments complex in Colorado Springs, CO. Located at 2886 S Circle Dr, 80906, this property boasts excellent visibility and accessibility, situated directly off I-25 and Circle Drive, ensuring high traffic exposure. Previously used as a bar/lounge, the space retains existing infrastructure suitable for similar uses, although it lacks a hood or grease trap. The versatile layout presents numerous possibilities, including a boutique, retail store, meeting space, social house, design studio, clothing or gift store, dispatch center, or community church. The space benefits from its proximity to the apartment complex's main lobby, providing direct access to 496 residential units. Building and monument signage opportunities are available, further enhancing visibility and brand recognition. The building itself was constructed in 1974 and underwent a complete renovation in 2024. The total building square footage is 317,772 square feet, with this particular space offering flexibility for various business types. This location in El Paso County offers a unique opportunity to establish a thriving business within a vibrant residential community. The space is part of a larger multi-tenant building.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $23,735,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $19,515,000
- 6.5%
- $18,015,000
- 7%
- $16,730,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.796
- Latitude
- 38.7981
- 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
$196,385
$1,085,350
$1,961,680
$3,047,030
-
$3,890,126
$7,031,107
$10,921,233
