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Property profile & analytics
FOR SALE
Office buildings

3090 N Academy Blvd Colorado Springs, CO 80917

6,422 SF 0.57 ac lot Built 1976
Entity Owned ~ Est. High Equity
Property ID
US13-1151218
Property summary
AI-generated overview

This exceptional two-story medical office building, located at 3090 North Academy Boulevard in Colorado Springs, Colorado, presents a compelling owner-user or investment opportunity. The 9,402 square foot building, constructed in 1973 and boasting numerous upgrades, sits on a 33,036 square foot lot and includes 48 parking spaces. The building features approximately 6,422 square feet on the main floor and 2,980 square feet on the lower level, each with its own separate access via south and west entrances. The structure is a combination of concrete block and wood frame with stucco and stone veneer. Interior finishes include painted drywall. The property benefits from high visibility due to monument signage from Academy Boulevard and its convenient location southwest of the intersection of North Academy Boulevard and Parkmoor Village Drive. The building's zoning is OC. A new roof was installed in November 2021. The lower level (2,980 SF) offers potential for a smaller tenant. This Class B property is listed at $1,395,000, resulting in a price per square foot of $159.54. The property consists of one building on one unit. This is an ideal opportunity for a medical practice seeking a prominent location with ample parking.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1976
Construction WOOD FRAME
Total area 6,422 SF
Lot 0.57 ac (25,039 SF)
Zoning code OC
APN 6334104025
UPID US13-1151218
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
  • Paige Parkins Physician
  • Edward P. Keneski, MA Physician
  • Kelley Allyson Physician
  • Stroup Cindy Physician
  • Erin Stansbery, OTR Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.04M
Comparable Approach Comparable
$844k
Blend (final) Blend
$900k
Owner & transaction history
R Space INC
R Space INC
1 recorded transaction
1969
Price N/A
Zoning & alternative use
OC · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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