6121 Academy BlvdColorado Springs, CO 80918

Property Details for 6121 Academy Blvd

Year built

1979

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.86 AC

Property size (Sq ft)

9,080 SF

Zone code

C5 P

Property type

Retail space

APN

6316208001

APU

6316208001

Description

This exceptional freestanding retail showroom building, located at the controlled intersection of N. Academy Blvd. and Lehman Dr. in Colorado Springs, CO, offers 18,080 square feet of versatile space. The property features a main floor ideal for a retail showroom, boasting a spacious and adaptable layout perfect for showcasing products and engaging customers. A lower level provides substantial storage, seamlessly supporting both back-end operations and on-site customer interactions. The building offers excellent visibility and accessibility from N. Academy Blvd., a key advantage for businesses seeking high traffic exposure. The property includes 35 parking spaces, ensuring ample convenience for customers and employees. The building is equipped with 400 AMP, 3-phase, 120/208 power, and features overhead and dock-high doors, enhancing operational efficiency. Two spaces are available, with options for leasing the main level and lower level separately, offering flexibility to suit various business needs. The property is situated in El Paso County, zip code 80918, and is a two-story building. This prime location presents a unique opportunity for businesses to establish a strong presence in a thriving Colorado Springs market.

• CAP approach

  CAP return

  Valuation

  6%

  $2,919,576

  6.5%

  $2,694,994

  7%

  $2,502,494

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,890,478

  Geo Method

  $1,890,478

• Alternative Use

  Use

  Valuation

  Residential

  $2,273,328

  Hospitality

  $2,082,356

  Educational

  $1,732,496

  Medical

  $1,792,079

  Retail

  $2,694,994

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.9214

Longitude

-104.79

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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