2933 Sage St, Colorado Springs, CO 80907
For Lease
1 / 5
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.
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Springs Car Wash Car Wash
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C5/CR CU HS · Colorado Springs, COColorado Springs. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.