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    655 Sierra Madre St Colorado Springs, CO 80903-4094
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    Property profile & analytics

    655 Sierra Madre St, Colorado Springs, CO 80903-4094

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    • High-rise multifamily apartments
    • 437,629 SF
    • 3.03 lot acres
    Off-Market
    Last Sale Apr 29, 2022
    Property ID
    US13-2647299
    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.

    Value Estimations
    $8,780,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Experience at Epicenter Apartments / Apartment Complex / Apartment Building

    Property Details for 655 Sierra Madre St

    Year built
    2022
    Lot size
    3.03 lot acres
    Zone code
    FBZ-CEN
    Property type
    High-rise multifamily apartments
    APN
    6418324045
    APU
    6418324045

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 5, 2026 — City Gate Apartments I LLC — Deed · related $83.9M · Capital One NA
    Apr 29, 2022 — City Gate Apartments I LLC City Gate Apartments II LLC Intrafamily Transfer · related $77.7M · Umb Bank NA

    Description

    This exceptional retail property, located at 655 S. Sierra Madre St in Colorado Springs, CO 80903, offers 11,939 square feet of versatile commercial space currently fully vacant and available for lease. The property is ideally suited for a variety of uses, including restaurants, retail stores, bars, and nail salons, reflecting its flexible zoning and adaptable layout. Units are divisible to a minimum of 1,200 square feet, allowing for customization to meet diverse business needs, with larger spaces available up to 7,200 square feet. The building's prime location benefits from its proximity to a thriving mixed-use development, encompassing Weidner Field, over 1,181 residential units across three phases, and more than 40,000 square feet of retail space along Sierra Madre and Moreno Plaza. A beautiful pedestrian walkway further enhances the area's appeal and walkability, creating a vibrant and attractive environment for businesses and customers alike. This presents a unique opportunity to establish a presence in a rapidly growing and dynamic Colorado Springs neighborhood with significant foot traffic and residential density. The property's size and flexibility make it an excellent investment for both established businesses seeking expansion and new ventures looking for a strong foothold in a desirable market. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional retail space.


    Value Estimations

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    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.829
    Latitude
    38.8251
    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
    $0.00
    $175,090
    $1,922,360
    $2,097,450
    -
    $2,613,323
    $28,691,951
    $31,305,274
    More about this property
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