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Property profile & analytics
OFF-MARKET Estimated value $3,840,000
Office buildings

4775 Centennial Blvd Colorado Springs, CO 80919-3309

38,374 SF 2.92 ac lot Built 1981
Entity Owned 11-yr Hold Free & Clear
Property ID
US13-0910399
Property summary
AI-generated overview

Centennial Business Plaza offers 12,934 square feet of immediately available executive office space in a 38,374 square foot building located at 4775 Centennial Blvd, conveniently situated near the intersection of Centennial Boulevard and Garden of the Gods Road, with easy access to I-25. The property, built in 1981 and extensively renovated in 2021, features energy-efficient LED lighting, new carpeting, and fresh paint throughout. Suites range from a minimum of 2,348 square feet to a maximum contiguous space of 3,911 square feet, offering flexible leasing options to accommodate various business needs. Amenities include ample surface parking (125 spaces, a 4:1,000 SF ratio), a backup power system, high-speed fiber internet access, and private exterior entrances for added convenience and security. The building also benefits from a modern sprinkler system. The property's location provides excellent access to a variety of retail and dining options, enhancing convenience for both employees and clients. The zoning designation is PIP-2.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1981
Construction WOOD FRAME
Total area 38,374 SF
Lot 2.92 ac (127,195 SF)
Zoning code PIP2 HS
APN 7323403001
UPID US13-0910399
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
  • Colorado Palliative and Hospice Care Nursing Home
  • Colorado Palliative & Hospice Care of Colorado Springs Nursing Home
  • Micro-RDC Research And Product Development
  • United Training Vocational School Training Center
  • Reliant Construction Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.84M
Owner & transaction history
Cloughton Investments LLC · 11 yrs held
Cloughton Investments LLC
since 2015
1 recorded transaction
2015
Price N/A
Zoning & alternative use
PIP2 HS · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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