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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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