320 N Circle Dr Colorado Springs, CO 80909
Property profile & analytics
320 N Circle Dr Colorado Springs, CO 80909
- Turn key restaurants
- 3,938 SF
- 0.55 lot acres
Property ID
US13-0897960
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Bean Bandit Mexican Restaurant / Restaurant
Property Details for 320 N Circle Dr
- Year built
- 1975
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.55 lot acres
- Property size
- 3,938 SF
- Zone code
- C6
- Property type
- Turn key restaurants
- APN
- 6416115008
- APU
- 6416115008
Description
This exceptional 3,938 square foot free-standing restaurant building, located at 320 N Circle Dr in Colorado Springs, CO 80909, presents a lucrative investment opportunity. Built in 1975 and boasting 100% occupancy, the property is situated on a sizable 24,000 square foot lot, offering ample parking with 35+ spaces, recently repaved and restriped. The single-story building is zoned C6 and features a single unit. The asking price is $1,065,000, translating to $270.44 per square foot. This well-maintained establishment has enjoyed a long and successful history as a family-owned restaurant since its construction. Its prime location on Circle Drive, near Platte Avenue, ensures high visibility and accessibility. The property's potential extends beyond its current use; an adjacent, similarly zoned (C6) parcel of 22,400 square feet is available for purchase for $895,000, offering significant redevelopment possibilities for an ambitious investor seeking expansion. This presents a unique chance to acquire a thriving business or to capitalize on the potential for future development in a desirable Colorado Springs location. The property's APN is 6416115008.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.776
- Latitude
- 38.8369
- CBSA code
- 17820
- CBSA name
- COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$61,600
$37,870
$99,470
-
$220,800
$135,736
$356,536
