Property profile

3520 Galley Rd Colorado Springs, CO 80909

FOR LEASE
Office buildings
Property ID
US13-2596849
8,095 SF 0.59 ac lot Built 1974
Entity Owned 27-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional executive office building at 3520 Galley Road in El Paso County offers a unique opportunity for businesses seeking flexible and modern workspace. The property boasts a total of 8,095 square feet, encompassing two suites, with a minimum divisible space of 565 square feet and a maximum contiguous space of 827 square feet. Currently, 2,195 square feet are available for lease, offering three spaces ranging from 475 to 1,000 square feet. The building is situated on a 0.59-acre lot and is zoned OR. Enjoy stunning mountain views and the convenience of off-street parking. Internal amenities include multiple restrooms and a shared coffee bar, enhancing the overall tenant experience. The building's central location provides excellent access to the entire city, making it an ideal choice for businesses seeking both convenience and a professional atmosphere. The individual suites are perfect for small office users, but they can also be combined to create a larger, more expansive workspace to accommodate growing businesses. This quiet and clean office building presents a rare opportunity to secure prime office space in a desirable El Paso location. Inquire today to learn more and schedule a viewing.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1974
Construction WOOD FRAME
Total area 8,095 SF
Lot 0.59 ac (25,528 SF)
Zoning code OR
APN 6410119023
UPID US13-2596849

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Family Counselor Doctor
  • Home Health Care Service
  • Property Management Company
  • Property Management Company Real Estate

Location

3520 Galley Rd Colorado Springs, CO 80909
Colorado Springs metro Census 2000 COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$745k
Blend (final) Blend
$325k

Owner & transaction history

since 1999
5 recorded transactions
2016
Price N/A
1999
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

OR · Colorado Springs, CO
Zoning description

A. OR - Office residential: This transitional zone district accommodates a variety of residential unit types and offices. The zone is directed to smaller office sites which need a careful evaluation of use to use compati…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $1.2M +10.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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