4935 Centennial Blvd Colorado Springs, CO 80919
Property Lookup
Property profile & analytics
4935 Centennial Blvd Colorado Springs, CO 80919
- Strip malls
- 11,884 SF
- 1.51 lot acres
Property ID
US13-2674255
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.
Location Intelligence
Current Use by Public Records
- Marco's Pizza - Northwest COS / Restaurant
- Michael Allen's Hair Design / Barber Shop
- Friedman Brothers A/C Masters / Hardware & Home Improvement / Home Appliance Store
- Canyon Crest Wine, Liquor, & Beer / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
- Golden Flame Hot Wings / Restaurant
Property Details for 4935 Centennial Blvd
- Year built
- 1984
- Construction
- WOOD FRAME
- Lot size
- 1.51 lot acres
- Property size
- 11,884 SF
- Zone code
- PBC HS
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 7323402008
- APU
- 7323402008
Description
This 11,884 square foot shopping center, built in 1984, presents a unique investment opportunity in El Paso County. Located at the high-visibility corner of Centennial Blvd and Pinon Valley Rd, the center boasts ample parking (68 spaces) and prominent pylon signage on Centennial Blvd. Currently, two spaces are available, ranging from 1,277 to 1,726 square feet, with a total of 3,003 square feet currently vacant. The center enjoys a strong tenant mix including Marco's Pizza, Canyon Crest Wine, Liquor & Beer, and Golden Flame Hot Wings. Suite A, a former bakery, offers a significant advantage with its existing commercial kitchen, grease trap, walk-in cooler, and three-compartment sink. Pre-approved plans exist for a drive-thru addition to Suite A, enhancing its potential. The property is zoned PBC-HS and benefits from excellent demographics, including above-average household incomes, a densely populated area, proximity to major employers and corporations, high traffic counts on Centennial Blvd, and easy access to I-25. This location offers exceptional visibility and accessibility, making it an ideal retail space. The minimum divisible space is 1,277 square feet.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,725,000
- ML approach
- $2,840,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,740,000
- 6.5%
- $2,525,000
- 7%
- $2,345,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,366,000
Market price range: $1.57M - $4.72M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $3,165,000 Current use
- COMMERCIAL (GENERAL)
- $4,570,000 Change: +44% Conversion: Easy
- AUTO REPAIR, GARAGE
- $2,925,000 Change: -8% Conversion: Difficult
- MEDICAL BUILDING
- $2,860,000 Change: -10% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.857
- Latitude
- 38.9038
- 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
$30,783
$124,790
$445,420
$570,210
-
$447,270
$1,596,492
$2,043,762
