11590 Ridgeline DrColorado Springs, CO 80921

Property Details for 11590 Ridgeline Dr

Year built

2019

Construction

STEEL FRAME

Lot size

1.25 AC

Property size (Sq ft)

17,920 SF

Zone code

PBC

Property type

Strip malls

Property subtype

Neighborhood centers

APN

6217401108

APU

6217401108

Description

This exceptional 3,000 square foot medical office space is available for lease within the Ridgeline Retail Center, located at 11590 Ridgeline Dr, Colorado Springs, CO 80921. The property is zoned PBC (General Business), offering flexibility for a variety of medical practices. The entire center encompasses 17,920 square feet, with multiple tenants currently occupying the space. This particular unit offers a contiguous 3,000 square feet, ideal for expansion or a new practice seeking a well-established location. The building's prime location in Colorado Springs provides excellent visibility and accessibility for patients. The available space is currently vacant and ready for immediate occupancy. This presents a unique opportunity to establish or relocate a medical practice in a thriving commercial center. The property is categorized as both retail and office space, reflecting its versatility and potential for a range of medical uses. Interested parties should inquire about lease terms and conditions. The property's latitude and longitude coordinates are 39.0024019, -104.797925 respectively. This is a fantastic opportunity to secure a well-situated medical office space in a desirable Colorado Springs location.

• CAP approach

  CAP return

  Valuation

  6%

  $5,761,984

  6.5%

  $5,318,754

  7%

  $4,938,843

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,730,987

  Geo Method

  $3,730,987

• Alternative Use

  Use

  Valuation

  Residential

  $4,486,568

  Hospitality

  $4,109,672

  Educational

  $3,419,199

  Medical

  $3,536,791

  Retail

  $5,318,754

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

39.0024

Longitude

-104.798

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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