7450 Idaho Ln Colorado Springs, CO 80923
This exceptional commercial investment opportunity presents a 1.84-acre parcel located at 7450 Idaho Ln, Colorado Springs, CO 80923. The property boasts a total of 1,592 square feet of retail space spread across three single-story buildings, built in 1969. Priced at $790,000, this translates to a price per square foot of $9.86. The land itself is valued at $429,348 per acre. The property is zoned RR-5, offering significant redevelopment potential for investors, residential land developers, apartment developers, homebuilders, and small commercial users. This prime location presents a unique chance to capitalize on the area's growth trajectory. The property's tax schedule number is 53080-00-125. With its multi-tenant configuration and substantial land area, this property is well-suited for a variety of uses and presents a compelling investment opportunity in a thriving Colorado Springs market. The property is situated in El Paso County and offers a rare chance to acquire a well-positioned asset with significant upside potential. This is a truly unique opportunity to acquire a piece of Colorado Springs' future.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.