Property profile

540 Elkton Dr Colorado Springs, CO 80907

OFF-MARKET
Office buildings
Property ID
US13-1047030
32,370 SF 3.57 ac lot Built 1999
Individually Owned ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional Class A office building, located at 540 Elkton Dr, Colorado Springs, CO 80907, presents a rare opportunity. The Elkton Business Campus offers 3,500 square feet of immediately available space within a larger 36,868 square foot building. Constructed in 1999, this two-story structure boasts a desirable traditional office layout, perfect for a variety of businesses. The property is zoned OC and features a single building on the site. The ample square footage provides flexibility for customization to meet specific tenant needs. Its prime location in El Paso County offers easy access to major transportation routes and amenities. The building's Class A designation reflects its high-quality construction and modern features. This is an excellent opportunity to secure a prominent presence in a thriving Colorado Springs business community. The property's APN is 7324407023. The building is currently multi-tenant. Don't miss this chance to establish your business in this sought-after location. Contact us today to schedule a viewing.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1999
Construction WOOD FRAME
Total area 32,370 SF
Lot 3.57 ac (155,509 SF)
Zoning code OC HS
APN 7324407023
UPID US13-1047030

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
  • Charitable Organization Social Service Agency
  • Financial Advisor
  • (Bike/Boat/Book/etc) Store
  • Construction Company
  • Construction Company General Contractor

Location

540 Elkton Dr Colorado Springs, CO 80907-3500
Colorado Springs metro Census 3711 COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.37M
CAP Approach CAP
$5.23M
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.59M

Owner & transaction history

since 2025
Last sale
$5.5M
7 recorded transactions
2025
$5.5M
2021
$4.6M
2021
Price N/A
2021
$8.4M
2021
Price N/A
2020
Price N/A
2019
Price N/A

Zoning & alternative use

OC HS · 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 540 Elkton Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message