6432 Templeton Gap Rd Colorado Springs, CO 80923
This exceptional $2,000,000 land opportunity in Colorado Springs, CO (6432 Templeton Gap Rd, zip code 80923), presents a compelling investment in a rapidly expanding market. The site is shovel-ready for immediate self-storage development, boasting a prime location within a high-density population area. Over 235,000 people reside within a 5-mile radius, indicating strong local demand. Market analysis reveals low saturation, below 8 NRSF, within both 3- and 5-mile radii, signifying significant growth potential and a competitive advantage. Further enhancing this opportunity is the presence of over 6,800 multifamily units currently under development within a 5-mile radius, promising a quick lease-up period for the future self-storage facility. This strategic location in El Paso County, Colorado, offers investors a unique chance to capitalize on a thriving market with minimal competition and substantial growth prospects. The property's coordinates are 38.92576660322799 latitude and -104.72336042322013 longitude. This is a truly exceptional opportunity for immediate development and strong returns.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.