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Property profile & analytics
OFF-MARKET Estimated value $2,905,000
Strip malls

3015 Jet Wing Dr Colorado Springs, CO 80916-3270

29,448 SF 2.89 ac lot Built 1985
Entity Owned 14-yr Hold Free & Clear
Property ID
US13-0076197
Property summary
AI-generated overview

This exceptional retail property, located at 3015-3049 Jet Wing Drive in Colorado Springs, Colorado, offers 29,448 square feet of prime retail space. Currently, two individual spaces are available, ranging from 816 to 1,127 square feet, perfect for small businesses or startups seeking high-visibility locations. The property is zoned PBC AO and situated in El Paso County, offering convenient access to a thriving market. The center enjoys a strategic location on Jet Wing Drive, directly off the busy intersection of South Academy and the Hancock Expressway, ensuring high traffic volume and excellent exposure. Recent improvements by the owner include property upgrades and landscaping enhancements, further enhancing the property's appeal. These improvements are in anticipation of the upcoming Hancock Expressway expansion, promising even greater visibility and accessibility in the near future. The property's attractive lease rates and flexible landlord provide a compelling opportunity for businesses seeking a cost-effective and supportive environment. This is an ideal location for businesses looking to establish a strong presence in a rapidly growing area. The zip code is 80916. This property presents a rare opportunity to secure retail space in a high-traffic area with a supportive landlord and a bright future.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Construction WOOD FRAME
Total area 29,448 SF
Lot 2.89 ac (125,888 SF)
Zoning code PBC AO
APN 6435313131
UPID US13-0076197
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
Current use
Occupant on record · Public records
  • The Church of Pentecost USA., Inc. Colorado Springs Assembly Church
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.89M
Blend (final) Blend
$2.91M
Owner & transaction history
P & S Holdings LLC · 14 yrs held
P & S Holdings LLC
since 2012
7 recorded transactions
2016
Price N/A
2012
$895,000
2011
Price N/A
2011
$1.2M
2005
$2.3M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
PBC AO · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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