721 Tejon St, Colorado Springs, CO 80903-1095
- Office buildings
- 5,304 SF
- 0.29 lot acres
Current Use by Public Records
- BCSi / (Bike/Boat/Book/etc) Store / Corporate Office
- Steven Kunstle CPA / Accounting Firm / Tax Preparation
- Rickert Tim / Accounting Firm / Tax Preparation
- Money Concepts / Financial Advisor
- Reliable Income Tax Services / Tax Preparation
Property Details for 721 Tejon St
- Year built
- 1982
- Construction
- WOOD FRAME
- Lot size
- 0.29 lot acres
- Zone code
- FBZ-T2A
- Property type
- Office buildings
- APN
- 6407306013
- APU
- 6407306013
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 12, 2026 | — | 721 N Tejon LLC | — | Deed · related | $744k · Bctejon LLC |
| Dec 10, 2025 | $850,000 | 721 N Tejon LLC | Bc Tejon LLC | Special Warranty Deed | $744k · Bct Eton LLC |
| Jul 7, 2004 | $620,000 | Bc Tejon LLC | Capital Buildings LLC | Grant Deed | — |
| Dec 21, 1998 | — | Capital Building LLC | Parkmoor Storage | Grant Deed · related | $390k · Commercial Federal Bank |
Description
This exceptional executive office building, located at 721 N Tejon St in Colorado Springs, CO 80903, presents a compelling investment opportunity. The property boasts a total of 8,052 square feet across three levels: a main level of 2,757 square feet, an upper level of 2,642 square feet, and a garden level of 2,653 square feet. Built in 1982, this Class C building sits on a 0.29-acre lot (12,721 square feet) and is zoned FBZ-T2A. The net rentable area is 5,304 square feet, with an asking price of $1,050,000, resulting in a price per square foot of $130.40. The property's assessed value is reflected in the estimated 2024 property taxes of $12,494.71. The property features one building with two stories and is identified by APN 64073-06-013. This presents a unique chance to acquire a well-situated office building in a thriving Colorado Springs location. The property's size and layout offer flexibility for various business needs. Serious inquiries are encouraged.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $930,000
- 6.5%
- $855,000
- 7%
- $795,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,129,000
- AI Estimate
- $597,000
Market price range: $888k - $1.92MMarket price range: $192k - $1.11M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,320,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $1,415,000 Change: +7% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,305,000 Change: -1% Conversion: Difficult
- MEDICAL BUILDING
- $1,275,000 Change: -4% Conversion: Easy
- RETAIL STORES
- $1,115,000 Change: -16% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.822
- Latitude
- 38.8446
- CBSA code
- 17820
- CBSA name
- COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
