2025 Research PkwyColorado Springs, CO 80920

Property Details for 2025 Research Pkwy

Year built

1987

Construction

STEEL FRAME

Lot size

4.12 AC

Property size (Sq ft)

53,075 SF

Zone code

PIP1

Property type

Office properties

Property subtype

Office buildings

APN

6233304002

APU

6233304002

Description

This exceptional Colorado Springs property, located at 2025 & 2075 Research Parkway, offers 103,375 square feet of Class A flex space across two single-story buildings. Built in 1987 and renovated in 2020, this property boasts attractive architecture and design, ideal for a variety of uses including medical, technology, and research & development. The two buildings offer a total of two suites, with a minimum divisible space of 7,816 square feet and a maximum contiguous space of 8,106 square feet. Currently, 15,922 square feet is vacant. The property sits on a 2-acre lot in the Northeast submarket of El Paso County, zoned PIP1. Ceiling heights range from 12 to 16 feet, and ample parking is available (up to 5 spaces per 1,000 square feet). The property features 800 Amp 277/480V power. Conveniently located near the intersection of Research Parkway and Explorer Drive, with a zip code of 80920. This is a rare opportunity to secure high-quality flex space in a desirable Colorado Springs location.

• CAP approach

  CAP return

  Valuation

  6%

  $11,609,318

  6.5%

  $10,716,293

  7%

  $9,950,844

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,385,056

  Geo Method

  $4,385,056

• Alternative Use

  Use

  Valuation

  Residential

  $13,288,204

  Hospitality

  $12,171,923

  Educational

  $10,126,897

  Medical

  $10,475,177

  Retail

  $15,752,951

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.9583

Longitude

-104.793

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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