Property profile

2933 Sage St Colorado Springs, CO 80907

OFF-MARKET
Self service car washes
Property ID
US13-2765124
2,196 SF 0.37 ac lot Built 1985
Entity Owned 7-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 0.37-acre commercial lot presents a compelling redevelopment opportunity in Colorado Springs, Colorado. Located at 2933 Sage St, this high-visibility corner lot boasts 2,196 square feet and is zoned C5/CR CU HS, offering significant potential for various commercial ventures. The asking price is $615,000, translating to $280.05 per square foot. The property's strategic location ensures high traffic volume, making it particularly well-suited for quick-service drive-thru establishments such as coffee shops or sandwich restaurants. An existing car wash on the property provides immediate cash flow while pre-development work with the city progresses. This presents a unique chance to generate income while planning a future development. The parcel number is 7336102019. Seller financing is available, making this an attractive investment opportunity for developers seeking a prime location with immediate return potential. The property is situated in El Paso County, Colorado, with a zip code of 80907.

Property profile

Verified
Property type Self service car washes
Use group CAR WASH - SELF-SERVE
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,196 SF
Lot 0.37 ac (15,948 SF)
Zoning code C5/CR CU HS
APN 7336102019
UPID US13-2765124

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash

Location

2933 Sage St Colorado Springs, CO 80907-5835
Colorado Springs metro Census 1104 COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2018
7 recorded transactions
2018
Price N/A
2016
$249,900
2014
Price N/A
2005
$210,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C5/CR CU HS · Colorado Springs, CO

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2933 Sage St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message