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4820 Centennial Blvd Colorado Springs, CO 80907
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Property profile & analytics

4820 Centennial Blvd Colorado Springs, CO 80907


  • Office buildings
  • 49,140 SF
  • 4.47 lot acres
Colorado Springs Office Space Available For Lease
$11,250,000
36,938 SF

Colorado Springs Office Space Available

Office spaces available ranging from 13,093 to 36,938 SqFt.

4820 & 4920 Centennial Blvd, Colorado Springs, CO 80907
View Listing
Property ID
US13-0354380
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.

Value Estimations
$11,250,000
Cap Rate Potential
3%
Office buildings
Location Intelligence

Current Use by Public Records

  • BlueFolder Software, Inc. / (Bike/Boat/Book/etc) Store / Corporate Office
  • Way Media / Radio Station / Telecommunications Service
  • Kidde Safety / Building Supply / General Contractor
  • Nighthawk Systems / Fire Station
  • BlueFolder / (Bike/Boat/Book/etc) Store / Corporate Office

Property Details for 4820 Centennial Blvd

Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
4.47 lot acres
Property size
49,140 SF
Zone code
PIP1 HS
Property type
Office buildings
APN
7323401038
APU
7323401038

Description

The Centennial Technology Center offers a unique opportunity to lease exceptional office, industrial, and flex space in El Paso County. This single-story, 100,184 square foot building, constructed in 1999, sits on a 4.84-acre lot and boasts a desirable campus setting with stunning mountain views. The property is zoned PF PIP1 HS and features flexible, open floor plans ideal for a variety of businesses. Multiple tenancy options are available, with spaces ranging from a minimum of 3,276 square feet to a maximum contiguous space of 59,970 square feet. The entire 100,184 square feet is currently vacant and ready for immediate occupancy. High ceilings at 18 feet provide ample vertical space, while the robust power supply of 2,500 Amp 277/480v 3-Phase 4-Wire ensures operational efficiency. The building is equipped with HVAC via RTU with VAV. Parking is conveniently provided at a ratio of 5 spaces per 1,000 square feet, and there is one drive-in bay for easy loading and unloading. This exceptional property presents a rare chance to secure a substantial and versatile space in a prime location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $10,385,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $8,600,000
    6.5%
    $7,940,000
    7%
    $7,370,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $8,827,000
    Market price range: $4.36M - $10.9M
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $8,655,000
    Current use
    NEIGHBORHOOD: SHOPPING CENTER
    $13,095,000
    Change: +51% Conversion: Difficult
    AUTO REPAIR, GARAGE
    $12,095,000
    Change: +40% Conversion: Difficult
    MEDICAL BUILDING
    $11,820,000
    Change: +37% Conversion: Easy
    RETAIL STORES
    $10,325,000
    Change: +19% Conversion: Moderate

Get a detailed, property-specific estimation — fast and free


Location Insight

  • Map
  • Local Demand
City
Colorado Springs
County
El Paso
State
Colorado
Longitude
-104.854
Latitude
38.9007
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
$100,457
$252,610
$1,589,280
$1,841,890
-
$905,415
$5,696,355
$6,601,770
View Listing
More about this property
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