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Property profile & analytics
FOR SALE
Office buildings

3310 Van Teylingen Dr Colorado Springs, CO 80917

5,990 SF 1.23 ac lot Built 1979
Individually Owned 16-yr Hold Free & Clear
Property ID
US13-0468717
Property summary
AI-generated overview

This exceptional 1.23-acre infill lot presents a remarkable redevelopment opportunity in Colorado Springs, Colorado. Located at 3310 Van Teylingen Dr, zip code 80917, in El Paso County, this property is zoned MX-N/CR, allowing for a variety of commercial and residential uses. The asking price is $565,000. The lot's strategic location is surrounded by existing multifamily developments, suggesting strong potential for high-density residential or mixed-use projects. Currently, a 5,990 square foot dome building sits on the east end of the property, offering possibilities for adaptive reuse or demolition to maximize development potential. This infill location provides excellent access to existing infrastructure and amenities, making it an attractive proposition for developers seeking a prime site in a thriving Colorado Springs neighborhood. The property's size and zoning flexibility make it suitable for a range of projects, from apartments and townhomes to commercial ventures. This is a rare opportunity to acquire a significant parcel of land in a desirable area, poised for substantial growth and return on investment. Serious inquiries are encouraged.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1979
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,990 SF
Lot 1.23 ac (53,579 SF)
Zoning code OC/CR
APN 6334102010
UPID US13-0468717
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
  • Astrox Corporation Research Institute
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$820k
Blend (final) Blend
$635k
Owner & transaction history
Ajay P Kothari · 16 yrs held
Ajay P Kothari
since 2010
3 recorded transactions
2010
$220,000
2010
Price N/A
2010
Price N/A
Zoning & alternative use
OC/CR · 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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