1065 Garden Of The Gods RdColorado Springs, CO 80907

Property Details for 1065 Garden Of The Gods Rd

Year built

1986

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.20 AC

Property size (Sq ft)

23,266 SF

Zone code

C6

Property type

Office properties

Property subtype

Office buildings

APN

7325207033

APU

7325207033

Description

This exceptional 23,266 square foot multi-tenant office, industrial, and flex space property, located at 1065 W Garden of the Gods Rd in Colorado Springs, CO 80907, presents a unique investment opportunity. Built in 1986 and situated on a 2.2-acre lot, the property benefits from a highly desirable location within the Garden of the Gods Corridor, offering exceptional visibility and convenient access to I-25 (a mere 3-minute drive). The zoning is MX-M (Mixed Use-Medium), allowing for diverse uses. Currently, 11,633 square feet of first-floor space is available for lease. The building features two dock-high doors and one drive-in door, catering to various logistical needs. This property is ideally suited for businesses seeking a prominent location in Northern Colorado Springs' prime office/flex submarket. The property's single suite layout offers flexibility and potential for customization. El Paso County location provides access to a strong workforce and thriving business community. This is a rare opportunity to secure a substantial and well-positioned commercial property in a highly sought-after area.

• CAP approach

  CAP return

  Valuation

  6%

  $5,089,070

  6.5%

  $4,697,603

  7%

  $4,362,060

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,922,237

  Geo Method

  $1,922,237

• Alternative Use

  Use

  Valuation

  Residential

  $5,825,028

  Hospitality

  $5,335,694

  Educational

  $4,439,235

  Medical

  $4,591,907

  Retail

  $6,905,476

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.8962

Longitude

-104.843

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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