1865 Chelton RdColorado Springs, CO 80910

  • Land
  • 4.19 AC
For Sale

Property Details for 1865 Chelton Rd

Lot size
4.19 AC
Zone code
PBC CU AO
Property type
Land
Property subtype
Commercial land
APN
6427111075
APU
6427111075

Description

This exceptional retail property, located at 4600-4634 N. Harlem Avenue in Cook County, offers 29,240 square feet of space, with 2,190 square feet currently vacant. The property features a multiple-tenancy setup, ideal for a variety of retail or restaurant businesses. A significant advantage is the ample parking, with 180 spaces available for customers and tenants. The building boasts a newly renovated facade and parking lot, enhancing curb appeal and creating a positive shopping experience. The property benefits from its strategic location, just blocks from the bustling Harlem-Irving Plaza. This prime location provides excellent visibility and accessibility, with major retailers such as Target, Kohl's, Kmart, Carson Pirie Scott, Best Buy, Bed Bath & Beyond, Old Navy, Staples, Michaels, Petco, and Walgreens nearby, creating a strong retail synergy. The property also offers the opportunity for prominent signage on a large shared pylon, maximizing brand visibility. One immediately available space of 1,863 square feet presents a unique opportunity for a business seeking a well-located, attractive retail space within a thriving commercial center. The high overall occupancy rate speaks to the desirability of this location and the potential for strong returns on investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $45,695,896
    Hospitality
    $41,857,196
    Educational
    $34,824,696
    Medical
    $36,022,372
    Retail
    $54,171,748
1865 Chelton Rd, Colorado Springs, Colorado

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.8064
Longitude
-104.759
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
$7,581
$147,670
-
$147,670
-
$529,296
-
$529,296

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