8890 N Union Blvd Colorado Springs, CO 80920
Property profile & analytics
8890 N Union Blvd Colorado Springs, CO 80920
- Medical Office Space
- 62,557 SF
- 4.65 lot acres
Property ID
US13-0663582
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
- UCHealth Laboratory - Briargate / Medical Laboratory
- UCHealth Orthopedics - 8890 N Union / Medical Clinic
- Burton Matthew J DDS / Dental Office
- Dino Dental / Dental Office
- ABC Pediatrics / Medical Clinic
Property Details for 8890 N Union Blvd
- Year built
- 2002
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 4.65 lot acres
- Property size
- 62,557 SF
- Zone code
- PBC/CR
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 6234406009
- APU
- 6234406009
Description
The Briargate Medical Campus, located at 8890 N Union Blvd, Colorado Springs, CO 80920, presents a unique opportunity for medical professionals seeking prime office space. This two-story, Class A building, constructed in 2002, offers a total of 26,050 square feet, with 16,241 square feet currently vacant and available for lease. The flexible floor plan allows for spaces ranging from a minimum of 6,857 square feet to a maximum contiguous space of 16,241 square feet, catering to various practice sizes and needs. The building boasts ample parking with 295 spaces available for tenants and their clients. Its convenient location within the Union Town Center shopping center area provides excellent visibility and accessibility, situated just minutes away from Memorial Hospital's north campus. The property is zoned PBC and is part of the Northwest submarket of Colorado Springs. This well-maintained building offers an efficient and modern workspace, ideal for medical practices seeking a prestigious and convenient location. The building's Class A designation reflects its high-quality construction and amenities, ensuring a professional and comfortable environment for both staff and patients. Interested parties should inquire about lease terms and availability for the available 16,241 square feet of vacant space.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $15,300,000
- ML approach
- $9,515,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $11,050,000
- 6.5%
- $10,200,000
- 7%
- $9,470,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $14,586,000
Market price range: $9.18M - $20.7M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $15,045,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $25,535,000 Change: +70% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $24,065,000 Change: +60% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $16,675,000 Change: +11% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $15,400,000 Change: +2% Conversion: Difficult
- OFFICE BUILDING
- $14,660,000 Change: -3% Conversion: Easy
- RETAIL STORES
- $13,145,000 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
- -104.766
- Latitude
- 38.9605
- 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
$261,558
$389,940
$3,522,520
$3,912,460
-
$1,397,623
$12,625,536
$14,023,159
