This exceptional 1,796 square foot medical office space is ideally situated at 104 Pro Rodeo Drive, Unit 110, in Colorado Springs, Colorado. Its convenient location offers easy access to I-25 and Rockrimmon, placing it in close proximity to major transportation arteries and a thriving commercial area. The property is directly across from the Pro Rodeo Hall of Fame, providing excellent visibility and brand recognition opportunities. The single-tenant space boasts a professional and welcoming atmosphere, perfect for a variety of medical practices. Features include a well-appointed reception area, six private offices (three equipped with sinks), a spacious open bullpen area for collaborative work, and convenient handicap accessibility. Ample parking is also available for staff and clients. This El Paso County property, within the 80919 zip code, presents a unique opportunity for businesses seeking a high-quality, well-located office space. The layout is designed to maximize efficiency and create a productive work environment. The property is ready for immediate occupancy, offering a seamless transition for your business. This is a prime opportunity to establish or expand your medical practice in a desirable Colorado Springs location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,749,874
6.5%
$1,615,268
7%
$1,499,892
Comparable approach
Method
Valuation
Relative Method
$660,960
Geo Method
$660,960
Alternative Use
Use
Valuation
Residential
$2,002,932
Hospitality
$1,834,675
Educational
$1,526,428
Medical
$1,578,924
Retail
$2,374,444
Location Insight
City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.9135
Longitude
-104.825
CBSA code
17820
CBSA name
COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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