This exceptional Class A creative office building, located at 980 Elkton Dr in Colorado Springs, CO 80907, offers 50,000 total square feet on a 4.35-acre lot. Built in 1994, this single-story building features modern interior finishes and an open office landscape design, perfect for a variety of businesses. Currently, there is 24,500 square feet of vacant space available, with flexible options ranging from 4,600 to 17,572 square feet. The property boasts prominent monument and building signage, providing excellent visibility and branding opportunities. The building's design includes the unique feature of a lab space, catering to companies requiring specialized research or development areas. Furthermore, the adaptable layout allows for the addition of overhead doors, enhancing functionality and flexibility for various business needs. Situated in El Paso County, this property presents a compelling opportunity for businesses seeking a modern, well-located, and versatile office space. The property's multiple tenancy structure provides opportunities for diverse businesses to thrive within the same building.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$12,853,067
Hospitality
$11,773,340
Educational
$9,795,281
Medical
$10,132,155
Retail
$15,237,103
Location Insight
City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.9006
Longitude
-104.846
CBSA code
17820
CBSA name
COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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