3625 Parkmoor Vlg Dr, Colorado Springs, CO 80917-5205
This 53,743 square foot, four-story medical building, located at 3625 Parkmoor Village Dr, Colorado Springs, CO 80917, presents a unique investment opportunity. Built in 1985 and renovated in 2014, this property sits on 1.94 acres and boasts a prime location off N. Academy Blvd and Parkmoor Village Dr, offering excellent transportation access and proximity to retail and dining. Previously a 147-bed skilled nursing facility (last operated August 2022), the building is currently vacant and offers significant potential for redevelopment or adaptive reuse. Features include a sprinkler system, backup generator, and a large commercial kitchen on the lower level complete with walk-in refrigeration, freezer, dry storage, and dishwashing station. The property's zoning is OC, and its APN is 6334104023. Its convenient location and existing infrastructure make it ideal for a variety of medical uses, including skilled nursing, inpatient rehabilitation, mental health facilities, long-term care, and other wellness-related businesses. The building backs up to Palmer Park, providing a tranquil setting. Asking price is $4,000,000.
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Nancy Dassoff Physician Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
OC · Colorado Springs, COColorado Springs. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.