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    FOR SALE
    Medical Office Space

    3100 N Academy Blvd, Colorado Springs, CO 80917

    21,552 SF 1.18 ac lot Built 1975
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US13-0068059
    Property summary
    AI-generated overview

    This exceptional office space, located within the Parkmoor Professional building at 3100 N Academy Blvd, Colorado Springs, CO 80917, presents a fantastic opportunity. Situated on the corner of N Academy Blvd and Parkmoor Village Dr, this two-story Class D building boasts excellent visibility and convenient access. The building totals 21,552 square feet, with 1,251 square feet currently vacant. One available suite offers 1,023 square feet of usable space, perfect for a variety of professional businesses. Built in 1975, the property is zoned OC and located in the Northeast submarket cluster of El Paso County. The building enjoys a strong tenant roster, including established businesses such as Colorado Springs Oral Surgery, Southwest Autism and Behavioral Solutions, Accounting Pros, A Day at a Time Healing, and Peak Balance Family Wellness, indicating a stable and desirable location. This property offers a blend of established presence and potential for growth within a thriving Colorado Springs community. The address provides easy access to major thoroughfares, ensuring high visibility and convenient access for clients and employees. This is an ideal opportunity for a business seeking a well-located, established office space in a reputable building.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1975
    Construction WOOD FRAME
    Total area 21,552 SF
    Lot 1.18 ac (51,401 SF)
    Zoning code OC
    APN 6334104003
    UPID US13-0068059
    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
    • Lulabelle Spa Studios Alternative Medicine Practice Spa & Massage Center
    • Hands Up Counseling Medical Clinic
    • Nails by Laura Grace LLC Nail Salon
    • Skylight Health Research Research Institute
    • Pristine Beauty Glow Spa LLC Spa & Massage Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $3.74M
    Comparable Approach Comparable
    $5.14M
    Blend (final) Blend
    $4.01M
    Owner & transaction history
    Lakewood R & E Ptrs LLC · 7 yrs held
    Lakewood R & E Ptrs LLC
    since 2019
    7 recorded transactions
    2019
    $3.1M
    2017
    2017
    $2.7M
    2016
    $725,000
    2016
    $725,000
    2006
    2006
    $1.9M
    Zoning & alternative use
    OC · Colorado Springs, CO
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $5.7M +10.8%
    Auto repair, garage $5.3M +2.3%
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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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