2505 Chelton RdColorado Springs, CO 80916

Property Details for 2505 Chelton Rd

Year built

1983

Construction

WOOD FRAME

Lot size

1.45 AC

Property size (Sq ft)

12,732 SF

Zone code

PBC AO

Property type

Strip malls

Property subtype

Neighborhood centers

APN

6426420004

APU

6426420004

Description

This exceptional retail opportunity is located in a thriving Colorado Springs neighborhood shopping center at 2505 South Chelton Road, zip code 80916, El Paso County, Colorado. The property, known as Astrozon & Chelton, offers a total of 1,200 square feet of retail space, currently divided into multiple units. Three individual spaces are immediately available, ranging in size from 900 to 2,400 square feet, providing flexibility for various retail concepts. The center enjoys a highly visible corner location at the intersection of Astrozon Boulevard and Chelton Road, two major arteries providing convenient access to key areas of Colorado Springs. Its strategic position offers easy access to both South Academy Boulevard and South Powers Boulevard, two significant thoroughfares connecting the property to the Colorado Springs Airport to the east and Fort Carson to the south. This prime location ensures high traffic volume and excellent visibility for businesses seeking a strong presence in this dynamic market. The property's convenient access and prominent location make it an ideal choice for retailers seeking to establish or expand their operations in a bustling Colorado Springs neighborhood. The property type is classified as a shopping center.

• CAP approach

  CAP return

  Valuation

  6%

  $4,093,838

  6.5%

  $3,778,928

  7%

  $3,509,004

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,650,833

  Geo Method

  $2,650,833

• Alternative Use

  Use

  Valuation

  Residential

  $3,187,667

  Hospitality

  $2,919,886

  Educational

  $2,429,310

  Medical

  $2,512,858

  Retail

  $3,778,928

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.797

Longitude

-104.742

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].