6217 Lehman DrColorado Springs, CO 80918

Property Details for 6217 Lehman Dr

Year built

1984

Construction

WOOD FRAME

Lot size

0.37 AC

Property size (Sq ft)

4,720 SF

Zone code

C5

Property type

Individual retail properties

APN

6316211012

APU

6316211012

Description

This exceptional retail opportunity is located at 6217 Lehman Drive in Colorado Springs, Colorado. The property, built in 1984, is a Class D building totaling 4,720 square feet, with a current vacancy of 3,931 square feet. Two spaces are immediately available, ranging in size from 1,653 to 2,278 square feet. The property is zoned C5 and features a versatile layout suitable for a variety of retail uses, including health clubs, as indicated by its subtype. Ample parking is provided with 26 spaces on-site. The location boasts high visibility due to its placement at a lighted intersection in a high-traffic area, ensuring excellent exposure for your business. The property's address is 6217 Lehman Drive, conveniently situated near Lehman and Academy Blvd in the Northeast submarket cluster of El Paso County. The property's APN is 6316211012. This prime location offers easy access to numerous amenities, making it an attractive option for businesses seeking a thriving commercial environment. The property is multi-tenant.

• CAP approach

  CAP return

  Valuation

  6%

  $1,517,665

  6.5%

  $1,400,922

  7%

  $1,300,856

• Comparable approach

  Method

  Valuation

  Relative Method

  $982,715

  Geo Method

  $982,715

• Alternative Use

  Use

  Valuation

  Residential

  $1,181,730

  Hospitality

  $1,082,458

  Educational

  $900,593

  Medical

  $931,565

  Retail

  $1,400,922

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.9209

Longitude

-104.789

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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