102 Cascade AveColorado Springs, CO 80903
- Office properties
- 67,507 SF
Property Details for 102 Cascade Ave
- Year built
- 1971
- Construction
- STEEL FRAME
- Property size (Sq ft)
- 67,507 SF
- Zone code
- C6,HR
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 6418211012
- APU
- 6418211012
Description
This exceptional Class A office building, constructed in 1971, offers 69,583 square feet of premium workspace in the heart of downtown Colorado Springs, Colorado. The building features six stories and one elevator, providing convenient access to multiple executive office suites. Units range from a minimum of 967 square feet to a maximum contiguous space of 1,285 square feet, with a total of six spaces currently available, offering flexibility for various business needs. The property is zoned FBZ-COR CU and its APN is 6418211012. Located at 102 N Cascade Ave, Colorado Springs, CO 80903, this property enjoys excellent visibility and accessibility, with convenient access to I-25. The building's prime location places it within walking distance of numerous restaurants, coffee shops, hotels, and fitness centers, enhancing the convenience and appeal for tenants and employees. On-site parking is available, accessible from westbound Bijou and eastbound Kiowa Street. The building benefits from on-site management, ensuring efficient maintenance and building operations. This is a truly remarkable opportunity to establish your business in a vibrant and thriving downtown environment.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $14,766,090
- 6.5%
- $13,630,237
- 7%
- $12,656,648
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,577,428
- Geo Method
- $5,577,428
-
Alternative Use
- Use
- Valuation
- Residential
- $16,901,494
- Hospitality
- $15,481,677
- Educational
- $12,880,574
- Medical
- $13,323,556
- Retail
- $20,036,448
Location Insight
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Latitude
- 38.8362
- Longitude
- -104.826
- 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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- Please email our support team at [email protected] and they will add the team member.
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