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    OFF-MARKET Estimated value $680,000
    Medical Office Space

    715 Cascade Ave, Colorado Springs, CO 80903-3289

    3,411 SF 0.22 ac lot Built 1959
    Entity Owned ~ Est. High Equity
    Property ID
    US13-0353784
    Property summary
    AI-generated overview

    This exceptional medical office building, located at 715 N Cascade Ave in Colorado Springs, Colorado, presents a unique investment opportunity. The property boasts 3,909 square feet of well-designed space, perfect for a variety of medical practices. Built in 1959, this single-story, Class C building sits on a 0.22-acre lot and is zoned SU. The thoughtfully planned layout includes multiple examination rooms, private offices, and a spacious reception area, ensuring efficient workflow and patient comfort. The building's prime location along N Cascade Avenue offers excellent street frontage and high visibility, attracting significant foot traffic. Ample parking is available both in front of the building along Cascade Avenue (unmetered) and in a designated rear parking area. The asking price is $695,000, translating to $177.79 per square foot. This property represents a strong investment in a thriving Colorado Springs market. The address is easily accessible and benefits from its proximity to downtown Colorado Springs. The building's single-story design and existing infrastructure offer immediate occupancy potential, minimizing upfront renovation costs. This is an excellent opportunity to acquire a well-positioned medical office building in a desirable location. The 80903 zip code ensures convenient access to local amenities and a strong patient base.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1959
    Construction WOOD FRAME
    Total area 3,411 SF
    Lot 0.22 ac (9,500 SF)
    Zoning code SU
    APN 6407305013
    UPID US13-0353784
    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
    Current use
    Occupant on record · Public records
    • Christoff Anthony DO Pediatrician Physician
    • Colleen Rose Physician
    • Susan Mcmaster Pediatrician Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $590k
    Comparable Approach Comparable
    $691k
    Blend (final) Blend
    $680k
    Owner & transaction history
    Cascade 10x LLC
    Cascade 10x LLC
    since 2025
    3 recorded transactions
    2025
    $590,000
    2000
    $363,500
    1969
    Zoning & alternative use
    SU · Colorado Springs, CO
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $910,000 +10.8%
    Office building $850,000 +3.6%
    Auto repair, garage $840,000 +2.3%
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