2725 Janitell RdColorado Springs, CO 80906

Property Details for 2725 Janitell Rd

Year built

2003

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

8.24 AC

Property size (Sq ft)

87,425 SF

Zone code

PBC

Property type

Retail properties

APN

6433203015

APU

6433203015

Description

This exceptional 0.75-acre retail pad site presents a prime opportunity for development in the thriving southwest Colorado Springs market. Located at 2725 Janitell Rd, Colorado Springs, CO 80906, this property boasts unparalleled visibility and accessibility from a major thoroughfare. The site is ideally situated adjacent to a Kohl's department store, and within close proximity to other significant retailers including Target, Sam's Club, Walmart, and Home Depot, ensuring high foot traffic and strong consumer demographics. This multiple-tenancy land parcel offers a blank canvas for a variety of retail developments, capitalizing on the established commercial presence and dense population of the area. The property's 0.75-acre lot size provides ample space for construction, while its strategic location guarantees maximum exposure and ease of access for customers. This is a rare opportunity to establish a presence in a highly sought-after retail corridor. The property is designated as Retail-Pad and is available for ground lease. Interested parties should inquire for further details and leasing options.

• CAP approach

  CAP return

  Valuation

  6%

  $28,110,572

  6.5%

  $25,948,220

  7%

  $24,094,776

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,202,094

  Geo Method

  $18,202,094

• Alternative Use

  Use

  Valuation

  Residential

  $21,888,294

  Hospitality

  $20,049,560

  Educational

  $16,680,998

  Medical

  $17,254,684

  Retail

  $25,948,220

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.7952

Longitude

-104.787

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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