For Sale
$2,080,000

0 Rhinestone DrColorado Springs, CO 80908

4.78-acre shovel-ready development site.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 4.78-acre commercial land parcel, located in Colorado Springs, Colorado, presents a unique investment opportunity. Zoned PBC (Planned Business Center), this site is ideally situated in a rapidly growing area of Northeast Colorado Springs, offering excellent visibility from Powers Boulevard and Old Ranch Road. The property is fully approved for development as a 501-unit self-storage facility, eliminating lengthy permitting processes and allowing for immediate project commencement. Its "shovel-ready" status significantly reduces time to market and minimizes pre-development costs. The location boasts limited competition within the immediate submarket, ensuring a strong potential for return on investment. The address is Rhinestone Dr, Colorado Springs, CO 80908, within El Paso County. This prime location and the approved development plan make this a compelling opportunity for investors seeking a high-growth, low-risk venture in a thriving Colorado Springs market. The asking price for this exceptional property is $2,080,000.

Highlights

  • 501-unit self-storage development opportunity in Northeast Colorado Springs.
  • Shovel-ready site with fully approved development plan.
  • Prime location in a rapidly growing area of Northeast Colorado Springs.
  • Excellent visibility from Powers Boulevard and Old Ranch Road.
  • Limited competition in the immediate submarket.

Property Details for 0 Rhinestone Dr

Property type
Land
Lot Size (sq. ft)
208,217 SF

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.9865328
Longitude
-104.7730725
Rhinestone Dr, Colorado Springs, Colorado

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0 Rhinestone Dr
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