715 N Weber St Colorado Springs, CO 80903
Property profile & analytics
715 N Weber St Colorado Springs, CO 80903
- Medical Office Space
- 7,000 SF
- 0.22 lot acres
Property ID
US13-0827196
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.
Location Intelligence
Current Use by Public Records
- Digestive Disease Clinic / Medical Clinic
- Gerald Kidd, PA-C / Physician
- Benjamin Hicks, MMS, PA-C / Physician
- Jayme Tishon, MD / Pediatrician / Physician
- Justin Kidd, PA / Physician
Property Details for 715 N Weber St
- Year built
- 1980
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.22 lot acres
- Property size
- 7,000 SF
- Zone code
- OR
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 6407409014
- APU
- 6407409014
Description
This exceptional 7,000-square-foot medical office building, located at 715 N Weber Street in Colorado Springs, Colorado, presents a unique investment opportunity. Situated on a 0.22-acre lot in the desirable northside of downtown, this single-tenant Class B property boasts a prime location with easy access to I-25 and the heart of the city. Built in 1980, the one-story building features a spacious lobby, reception area, break room, four exam rooms, and a Joint Commission on Accreditation of Healthcare Organizations (JCAHO) approved operating room. Ample storage is also available. The property includes a convenient parking lot accessible from a back alley. Currently occupied, the building will be vacant at the end of May, offering immediate occupancy for a new tenant. The zoning is OR R-5, within El Paso County's CO - Colorado Springs - CBD submarket. The building's well-maintained condition and desirable location make it an attractive prospect for medical professionals seeking a modern and functional workspace. Owner financing is available, making this an even more compelling investment opportunity. The property is situated in the 80903 zip code. This is a single-tenant property with a total building square footage of 7,000 square feet, all of which is currently vacant.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,315,000
- 6.5%
- $1,215,000
- 7%
- $1,125,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,453,000
- AI Estimate
- $800,000
Market price range: $1.03M - $2.32MMarket price range: $399k - $1.42M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,685,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $1,865,000 Change: +11% Conversion: Difficult
- OFFICE BUILDING
- $1,745,000 Change: +4% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,725,000 Change: +2% Conversion: Difficult
- RETAIL STORES
- $1,470,000 Change: -13% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.819
- Latitude
- 38.8443
- 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
$14,828
$29,550
$249,450
$279,000
-
$105,925
$894,075
$1,000,000
