1420 Academy BlvdColorado Springs, CO 80909

  • Specialty properties
  • 3,856 SF
For Sale
$549,000 View listing

Property Details for 1420 Academy Blvd

Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.29 AC
Property size (Sq ft)
3,856 SF
Zone code
C5
Property type
Specialty properties
Property subtype
Other specialty properties
APN
6410101068
APU
6410101068

Description

This exceptional 3,856-square-foot freestanding medical office building is ideally situated at 1420 N Academy Blvd in Colorado Springs, Colorado, zip code 80909. Priced at $549,000, this property presents a compelling opportunity for owner-users, investors, or developers. The building boasts a flexible floorplan and ample parking, making it highly adaptable to various needs. Currently occupied by a retiring veterinarian, the existing business and fixtures, furniture, and equipment (FF&E) are potentially available for purchase, offering a turnkey solution. The property's C-5 zoning allows for diverse uses, including office space, medical offices, live-work spaces, and multifamily developments, providing significant flexibility and potential for future growth. Its central location off Academy Boulevard ensures easy access to all areas of Colorado Springs. The asking price per square foot is $142.38. This prime location and versatile zoning make this a truly unique investment opportunity in a thriving Colorado Springs market. The property is located in El Paso County. Interested parties are encouraged to schedule a viewing to fully appreciate the potential of this remarkable property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $965,413
    Hospitality
    $884,313
    Educational
    $735,738
    Medical
    $761,042
    Retail
    $1,144,482
1420 Academy Blvd, Colorado Springs, Colorado

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.8537
Longitude
-104.759
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
$6,156
$27,310
$93,420
$120,730
-
$97,882
$334,827
$432,709

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