6602 Delmonico DrColorado Springs, CO 80919

Property Details for 6602 Delmonico Dr

Year built

1976

Construction

WOOD FRAME

Lot size

1.15 AC

Property size (Sq ft)

11,200 SF

Zone code

PBC HS

Property type

Strip malls

Property subtype

Neighborhood centers

APN

7312412010

APU

7312412010

Description

This single-story, 11,200 square foot retail and office center is situated on 1.15 acres at 6602 Delmonico Dr, Colorado Springs, CO 80919. Built in 1976, the property is classified as Class D and features a multi-tenant occupancy. Currently, 2,648 square feet of space is available, with individual units ranging from 848 to 1,800 square feet. The center enjoys a prime location in the desirable Rockrimmon neighborhood, a coveted westside area of Colorado Springs with limited retail options. Existing tenants represent a diverse mix of restaurants, retail businesses, and service providers, creating a well-established and thriving commercial environment. The property's zoning is PBC HS, and its El Paso County APN is 7312412010. This presents a unique opportunity to join an established center within a flourishing neighborhood, benefiting from the existing tenant base and strong community presence. The property's location offers excellent visibility and accessibility, making it an attractive option for a variety of businesses. This is an ideal investment for those seeking a well-located retail or office space in a high-demand area.

• CAP approach

  CAP return

  Valuation

  6%

  $3,601,240

  6.5%

  $3,324,222

  7%

  $3,086,777

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,331,867

  Geo Method

  $2,331,867

• Alternative Use

  Use

  Valuation

  Residential

  $2,804,105

  Hospitality

  $2,568,545

  Educational

  $2,137,000

  Medical

  $2,210,494

  Retail

  $3,324,222

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.9272

Longitude

-104.831

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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