6860 Campus DrColorado Springs, CO 80920

  • Office properties
  • 98,482 SF
For Sale
$20,000,000 View listing

Property Details for 6860 Campus Dr

Year built
1982
Construction
STEEL FRAME
Lot size
12.53 AC
Property size (Sq ft)
98,482 SF
Zone code
PIP1/CR PIP2
Property type
Office properties
Property subtype
Office buildings
APN
6308302006
APU
6308302006

Description

Everty Plaza at Woodmen, located at 6860 Campus Dr, Colorado Springs, CO 80920, offers a unique opportunity in the North submarket of El Paso County. This single, three-story Class B building totals 140,583 square feet, with 141,126 square feet currently vacant. The property sits on 12.52 acres of land and offers flexible space options, suitable for executive office or flex uses. Divisible spaces range from a minimum of 36,521 square feet to a maximum contiguous space of 56,722 square feet. Built in 2001, the property provides ample parking with a ratio of 5 spaces per 1,000 rentable square feet. Its convenient location offers quick access to I-25 via Woodmen Road, providing excellent visibility and accessibility. The property is part of a larger mixed-use development, sharing the area with established businesses such as Planet Fitness, ConcealFab, SARA, Current Medical Group, and Tek Experts. This presents a rare chance to establish a corporate headquarters in a thriving, well-connected community. The property's size and flexibility make it suitable for a variety of businesses seeking a prominent presence in Colorado Springs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $21,541,382
    6.5%
    $19,884,352
    7%
    $18,464,042
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,136,583
    Geo Method
    $8,136,583
  • Alternative Use

    Use
    Valuation
    Residential
    $24,656,596
    Hospitality
    $22,585,310
    Educational
    $18,790,712
    Medical
    $19,436,954
    Retail
    $29,229,998
6860 Campus Dr, Colorado Springs, Colorado

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.9307
Longitude
-104.809
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
$302,962
$593,890
$4,255,120
$4,849,010
-
$2,128,643
$15,251,333
$17,379,976

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