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5030 Boardwalk Dr Colorado Springs, CO 80919

Office buildings Google Maps
6,383 SF 0.35 ac lot Built 1982
Entity Owned ~ Est. High Equity
5030 Boardwalk Dr, Colorado Springs, CO 80919 For Sale
Contact for pricing 6,383 SF
5030 Boardwalk Dr, Colorado Springs, CO 80919
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Estimated value (blended)
$325k
Range $293k – $358k (±10%)
Property ID US13-0354376

Property summary

AI-generated overview

This exceptional 6,400 square foot executive office building in Colorado Springs, CO, presents a compelling investment opportunity. Located at 5030 Boardwalk Drive, in the desirable Northwest Corridor, this property offers a prime location near I-25, affluent neighborhoods, and the scenic Garden of the Gods. The building is fully leased, generating an estimated annual income of approximately $90,960 (based on 2024 projections). Four well-appointed suites cater to a stable mix of professional tenants, demonstrating consistent occupancy even during recent economic challenges. Undergoing a complete renovation between 2017 and 2018, the property boasts a new roof, HVAC system, updated interior finishes, new landscaping, and upgraded electrical systems. This meticulously maintained building offers a modern and functional interior layout, perfectly suited for a variety of office users. The asking price is $1,395,000, translating to $217.97 per square foot. Its convenient location, coupled with its strong rental history and recent renovations, makes this a highly attractive investment opportunity with significant potential for future growth. The property's proximity to amenities such as shops, restaurants, and breweries further enhances its appeal. This is a turnkey investment ready for immediate income generation. The zip code is 80919.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Construction CONCRETE
Total area 6,383 SF
Lot 0.35 ac (15,213 SF)
Zoning code PBC CU
APN 7323208033
UPID US13-0354376

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
  • Law Firm
  • Law Firm
  • Marketing & Advertising Advertising Agency
  • General Contractor
  • Business Management Consultant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2026
Last sale
$275,000
7 recorded transactions
2026
$1.1M
2022
Price N/A
2020
$1.2M
2017
Price N/A
2016
Price N/A
2015
$275,000
2012
Price N/A

Zoning & alternative use

PBC CU · Colorado Springs, CO

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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