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Property profile & analytics
OFF-MARKET Estimated value $585,000
Turn key restaurants

805 Citadel E Dr Colorado Springs, CO 80909-5304

8,393 SF 1.21 ac lot Built 1989
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US13-0797808
Property summary
AI-generated overview

This exceptional 8,050 square foot freestanding retail building presents a unique investment opportunity in Colorado Springs, Colorado. Situated on a 1.21-acre lot at a signalized intersection on Citadel Drive East, near North Academy Boulevard, this property boasts high visibility and accessibility. The building offers 83 parking spaces, ensuring ample convenience for customers and employees. Its prime location places it adjacent to a Barnes & Noble, and within close proximity to other successful businesses such as Chick-fil-A, Raising Cane's, and Circle K, indicating a strong and thriving commercial area. The property is currently available for sale, lease, ground lease, or build-to-suit options, providing flexibility for potential buyers or tenants. This single-tenant building in El Paso County, with its zip code 80909, presents a compelling opportunity for businesses seeking a prominent location in a high-traffic area with excellent visibility and ample parking. The property's strategic placement and the surrounding successful businesses make it an attractive proposition for a variety of retail uses. Contact us today to explore the possibilities.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1989
Construction WOOD FRAME
Total area 8,393 SF
Lot 1.21 ac (52,708 SF)
Zoning code OC AO
APN 6410401008
UPID US13-0797808
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
by Request
Comparable Approach Comparable
$792k
Blend (final) Blend
$585k
Owner & transaction history
Ahs Shack Academy LLC · 3 yrs held
Ahs Shack Academy LLC
since 2023
Last sale
$600,000
7 recorded transactions
2023
$600,000
2020
$1.6M
2012
$1.4M
2012
Price N/A
2001
$1.2M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
OC AO · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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