3415 Janitell RdColorado Springs, CO 80906

Property Details for 3415 Janitell Rd

Year built

1976

Construction

WOOD FRAME

Lot size

4.76 AC

Property size (Sq ft)

2,100 SF

Zone code

A-5

Property type

Specialty properties

APN

6433302002

APU

6433302002

Description

This exceptional 26.9-acre commercial and industrial land parcel presents a unique investment opportunity in the thriving southeast Colorado Springs market. Located at 3415 Janitell Road, zip code 80906, this property boasts unparalleled visibility from Interstate 25, ensuring high traffic exposure for any development. The expansive lot, encompassing 205,371 square feet, is zoned A-5, allowing for a diverse range of uses including office, industrial, apartment complexes, and senior living facilities. Existing improvements include a large barn and several outbuildings, offering potential for immediate use or redevelopment. The property's strategic location in El Paso County, Colorado, combined with its flexible zoning and significant size, makes it an ideal site for a variety of commercial and industrial ventures. The asking price for this prime Colorado Springs land is $8,800,000. This is a rare chance to acquire a substantial tract of land with exceptional visibility and development potential in a rapidly growing area. Don't miss this opportunity to secure a valuable asset in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $520,587

  6.5%

  $480,542

  7%

  $446,218

• Comparable approach

  Method

  Valuation

  Relative Method

  $173,502

  Geo Method

  $173,502

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $962,535

  Retail / Commercial

  $490,361

  Mixed-Use / Specialty

  $486,074

  Hospitality / Lodging

  $353,312

  Office

  $480,542

  Institutional / Educational

  $504,414

  Residential Income

  $590,164

  Multifamily

  $721,886

  Automotive / Energy

  $432,355

  Parking / Income-Based Land

  $151,709

  Restaurant / Food Service

  $247,393

  Healthcare / Senior Housing

  $501,064

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.7828

Longitude

-104.786

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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