5840 Galley RdColorado Springs, CO 80915

Property Details for 5840 Galley Rd

Lot size

2.14 AC

Zone code

RM-12 CAD-O

Property type

Commercial land

APN

5407205049

APU

5407205049

Description

This exceptional 2.46-acre commercial land parcel, situated at 5840 Galley Road in Colorado Springs, Colorado, presents a compelling investment opportunity. Zoned CC, this property boasts high visibility and high traffic counts, making it ideal for a variety of commercial developments. The location within an Opportunity Zone offers significant tax advantages for investors. The address is easily accessible, situated in a rapidly growing area of El Paso County, Colorado, with a zip code of 80915. The property's geographic coordinates are 38.847257 latitude and -104.717418 longitude. This prime land is offered at an asking price of $975,000 and represents a rare chance to acquire a substantial commercial property in a thriving Colorado Springs location. The high visibility and traffic volume make this an excellent site for businesses seeking maximum exposure. The Opportunity Zone designation adds further appeal to this already attractive investment. Serious inquiries are encouraged to explore the potential of this exceptional property.

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $42,726,500

  Retail / Commercial

  $21,766,900

  Mixed-Use / Specialty

  $21,576,600

  Hospitality / Lodging

  $15,683,300

  Office

  $21,331,000

  Institutional / Educational

  $22,390,700

  Residential Income

  $26,197,100

  Multifamily

  $32,044,200

  Automotive / Energy

  $19,192,000

  Parking / Income-Based Land

  $6,734,280

  Restaurant / Food Service

  $10,981,600

  Healthcare / Senior Housing

  $22,242,000

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.8473

Longitude

-104.717

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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