9475 Briar Village PtColorado Springs, CO 80920

  • Office buildings
  • 58,056 SF
For Lease
$17.50/SF/YR View listing

Property Details for 9475 Briar Village Pt

Year built
2000
Construction
STEEL FRAME
Lot size
2.83 AC
Property size (Sq ft)
58,056 SF
Zone code
PBC
Property type
Office buildings
APN
6233111002
APU
6233111002

Description

This exceptional commercial property, Pine Creek Village Center, located at 9475 Briar Village Point, Colorado Springs, CO 80920, offers a diverse range of office spaces ideal for various business needs. The building boasts a total of 18,966 square feet, currently featuring 6,116 square feet of vacant space. The property is classified as Retail and Office, encompassing Traditional Office, Executive Office, and Medical Office sub-types, making it suitable for a wide array of professional uses. Multiple tenancies are available, providing flexibility for businesses of different sizes. One immediately available space totals 3,363 square feet, presenting a significant opportunity for expansion or relocation. The building's prime location in Colorado Springs offers excellent accessibility and visibility, making it an attractive option for businesses seeking a thriving commercial environment. The property's versatile design and ample square footage provide a compelling opportunity for businesses looking to establish or expand their presence in this dynamic Colorado Springs market. Interested parties are encouraged to inquire about available spaces and lease terms. This is a rare opportunity to secure prime commercial space in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,698,833
    6.5%
    $11,721,999
    7%
    $10,884,714
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,796,586
    Geo Method
    $4,796,586
  • Alternative Use

    Use
    Valuation
    Residential
    $14,535,279
    Hospitality
    $13,314,238
    Educational
    $11,077,289
    Medical
    $11,458,254
    Retail
    $17,231,340

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.9686
Longitude
-104.783
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
-
$246,260
$2,872,630
$3,118,890
-
$882,642
$10,296,146
$11,178,788

FAQs

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