Property profile

7055 Alegre Cir Fountain, CO 80817

FOR SALE
Grocery and convenience stores
Property ID
US13-1042986
3,240 SF 0.3 ac lot Built 1976
Entity Owned 8-yr Hold Free & Clear
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7055 Alegre Cir, Fountain, CO 80817 For Sale
$495,000 3,240 SF
7055 Alegre Cir, Fountain, CO 80817
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Property summary

AI-generated overview

This freestanding convenience store, located at 7055 Alegre Cir in Fountain, Colorado, presents a compelling investment opportunity. The property boasts 3,240 square feet of retail space situated on a 0.03-acre lot. Built in 1976, the building is strategically positioned on Highway 85/87, ensuring high visibility and accessibility for customers. The asking price is $700,000. The property's prime location within El Paso County, Colorado, and its convenient access to major roadways make it an ideal investment for a savvy entrepreneur seeking a well-established retail business. The property's APN is 6524408037. With its established presence and high-traffic location, this convenience store offers significant potential for growth and profitability. The zip code is 80817. This is a rare opportunity to acquire a well-situated retail property in a thriving Colorado community. The property's coordinates are latitude 38.7294489 and longitude -104.7249044. Serious inquiries only.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1976
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,240 SF
Lot 0.3 ac (13,247 SF)
APN 6524408037
UPID US13-1042986

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
  • Atm
  • Bank Credit Union
  • Gas Station

Location

7055 Alegre Cir Fountain, CO 80817
Fountain metro Census 4513 COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$765k
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.1M +22.4%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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