5705 Erindale DrColorado Springs, CO 80918

Property Details for 5705 Erindale Dr

Lot size

1.37 AC

Zone code

OC CU

Property type

Commercial land

APN

6316312010

APU

6316312010

Description

This 1.37-acre commercial land parcel in Colorado Springs, El Paso County (zip code 80918, address 5705 Erindale Dr), is zoned OC CU and offers a rare infill development opportunity. Currently approved for a 40-unit multi-family development, plans include two buildings: Building A, a three-story structure with ten units per floor, and Building B, a two-story building with five units per floor. All units are envisioned as one-bedroom, one-bathroom apartments with terraces. The property's location provides convenient access to the North Academy Blvd Corridor, offering proximity to various retail, dining, and entertainment options. The property is being sold "as is, where is." The selection process will consider price, closing track record, financial strength, and investment capacity. The seller reserves the right to accept offers prior to a specified bid date or withdraw the property from the market at any time. This exceptional opportunity is priced at $1,395,000.

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $27,353,000

  Retail / Commercial

  $13,934,900

  Mixed-Use / Specialty

  $13,813,100

  Hospitality / Lodging

  $10,040,300

  Office

  $13,655,900

  Institutional / Educational

  $14,334,200

  Residential Income

  $16,771,100

  Multifamily

  $20,514,300

  Automotive / Energy

  $12,286,500

  Parking / Income-Based Land

  $4,311,200

  Restaurant / Food Service

  $7,030,310

  Healthcare / Senior Housing

  $14,239,000

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.9136

Longitude

-104.785

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].