5725 Mark Dabling BlvdColorado Springs, CO 80919

Property Details for 5725 Mark Dabling Blvd

Year built

1984

Construction

STEEL FRAME

Lot size

5.43 AC

Property size (Sq ft)

110,795 SF

Zone code

PBC HS

Property type

Office properties

Property subtype

Office buildings

APN

6318402018

APU

6318402018

Description

North Creek I, a Class A office building in Colorado Springs' Northwest submarket, offers exceptional executive and traditional office spaces. This single, two-story building, totaling 110,795 square feet, underwent renovations in 2022. Located at 5725 Mark Dabling Blvd (Mark Dabling Blvd & I-25), it boasts 14-foot ceilings and ample parking (4 spaces per 1,000 square feet). The property sits on a 5.43-acre lot, zoned PBC in El Paso County, CO (zip code 80919). Multiple tenancy options are available, with spaces ranging from a minimum of 4,187 square feet to a maximum contiguous space of 12,438 square feet

• CAP approach

  CAP return

  Valuation

  6%

  $24,234,656

  6.5%

  $22,370,452

  7%

  $20,772,562

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,153,883

  Geo Method

  $9,153,883

• Alternative Use

  Use

  Valuation

  Residential

  $27,739,360

  Hospitality

  $25,409,104

  Educational

  $21,140,076

  Medical

  $21,867,116

  Retail

  $32,884,564

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.9139

Longitude

-104.821

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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