301 Bijou St Colorado Springs, CO 80905
Property summary
Exceptional opportunity to acquire a 1.1-acre commercial land parcel located at 301 W Bijou Street in Colorado Springs, Colorado, 80905. This prime property boasts a highly desirable location at the intersection of I-25 and the Bijou exit, offering unparalleled access and visibility. Zoned C5, the land presents significant development potential. The asking price is $3,600,000, translating to approximately $75 per square foot. A detailed residential condo project plan is available for consideration as part of the purchase. The seller is motivated and has significant equity invested, offering the possibility of continued partnership. This rare assembly of land presents a unique investment opportunity in a thriving downtown location. The property includes three parcels: 321 W Bijou (10,000 sq ft), 315 W Bijou (30,000 sq ft), and 301 W Bijou (7,900 sq ft). All parcels are zoned C5. This is a truly exceptional opportunity for a high-impact development in a rapidly growing area. Don't miss this chance to secure a piece of Colorado Springs' vibrant downtown core.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C5 · Colorado Springs, COZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for C5 in Colorado Springs, CO.
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