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Property profile & analytics
OFF-MARKET
Land

6432 Templeton Gap Rd Colorado Springs, CO 80923

Entity Owned 4-yr Hold
Property ID
US13-1516615
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
UPID US13-1516615
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Dublin Storage Partners LLC · 4 yrs held
Dublin Storage Partners LLC
since 2021
1 recorded transaction
2021
$547,184
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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