515 Airport Creek PtColorado Springs, CO 80916
- Land
- 0.84 AC
Property Details for 515 Airport Creek Pt
- Lot size
- 0.84 AC
- Zone code
- PBC AO
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 6424101003
- APU
- 6424101003
Description
This exceptional 0.84-acre commercial land parcel presents a unique investment opportunity in Colorado Springs' thriving Southeast submarket. Located at 515 Airport Creek, zip code 80916, this strategically positioned lot boasts 36,793 square feet and is zoned MX-M Commercial-Office/Retail, offering considerable flexibility for development. Its prime location between a McDonald's and a Loaf 'N Jug gas station ensures high visibility and convenient access for potential businesses. The property's previous exclusive agreements have expired, opening the door for a wide range of commercial ventures. Importantly, the zoning now permits the construction of burger restaurants and car washes, significantly expanding the possibilities for this highly desirable site. Situated in El Paso County, Colorado, this property offers exceptional potential for investors seeking a high-traffic location with diverse development options. The property's size and zoning make it suitable for a variety of commercial uses, promising strong returns on investment. This is a rare opportunity to acquire a prime commercial lot in a rapidly growing area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $9,211,736
- Hospitality
- $8,437,900
- Educational
- $7,020,234
- Medical
- $7,261,670
- Retail
- $10,920,364
Location Insight
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Latitude
- 38.8242
- Longitude
- -104.728
- CBSA code
- 17820
- CBSA name
- COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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