2120 Academy CirColorado Springs, CO 80909

Property Details for 2120 Academy Cir

Year built

1981

Construction

WOOD FRAME

Lot size

0.06 AC

Property size (Sq ft)

784 SF

Zone code

OC

Property type

Office buildings

APN

6402219041

APU

6402219041

Description

This exceptional 784-square-foot office condo, located at 2120 Academy Circle #B in Colorado Springs, Colorado, presents a fantastic opportunity for businesses seeking a move-in ready space. Situated in El Paso County, with zip code 80909, this single-tenant property boasts a highly desirable ground-level private entrance, ensuring both convenience and privacy. The well-designed layout includes multiple individual offices, perfect for a team or individual professionals, along with a dedicated conference room for meetings and presentations. A spacious reception area, complete with a wet bar, creates a welcoming and professional atmosphere for clients and visitors. The property's location near the heart of Colorado Springs offers easy access to a variety of amenities, making it an ideal choice for entrepreneurs and business owners. This all-in-one solution provides a functional and comfortable workspace, eliminating the need for extensive renovations or upgrades. The property is classified as a Traditional Office and is ready for immediate occupancy. This is a rare opportunity to acquire a well-appointed office space in a prime Colorado Springs location. Contact us today to learn more and schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $171,488

  6.5%

  $158,296

  7%

  $146,989

• Comparable approach

  Method

  Valuation

  Relative Method

  $64,774

  Geo Method

  $64,774

• Alternative Use

  Use

  Valuation

  Residential

  $196,287

  Hospitality

  $179,798

  Educational

  $149,590

  Medical

  $154,735

  Retail

  $232,696

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.8631

Longitude

-104.755

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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