3060 N Academy Blvd Colorado Springs, CO 80917
For Sale
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This exceptional two-story, 7,943 square foot executive office building, located at 3060 N. Academy Boulevard in Colorado Springs, Colorado, presents a unique owner-user opportunity. Currently boasting 100% occupancy with six tenants generating a strong NOI of $79,375 and a 6.35% cap rate, this Class B property offers significant income potential. Built in 1984 and extensively renovated in 2022, the building features a new roof and stucco exterior, new carpet on the lower level, and a professionally decorated interior. The property includes a security system, high-speed internet access, and abundant natural light thanks to windows in nearly every office. The 32,433 square foot lot provides ample parking (4 spaces per 1,000 sq ft). The building enjoys excellent visibility and accessibility from Academy Boulevard and Parkmoor Village Drive, with easy access to major thoroughfares like Austin Bluffs Parkway and Powers Boulevard. Approximately 3,000 square feet is currently owner-occupied and could be readily adapted to suit a new owner's needs, either by reducing the owner's space or by occupying the entire building. The asking price is $1,250,000 ($157.37/sq ft). This is a turnkey investment opportunity with strong cash flow and significant upside potential.
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Mountain States Appraisals Big Box & Wholesale Store Agricultural Supply
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Neilson and Associates, LLC Accounting Firm
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Hopeful Healing Collective, LLP Crisis Center Medical Clinic
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National Business Brokers & Consultants: Appraiser Business Management Consultant
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Ace Loans Discount Store (Bike/Boat/Book/etc) Store
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
OC · 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.