620 Southpointe CtColorado Springs, CO 80906

Property Details for 620 Southpointe Ct

Year built

1981

Construction

WOOD FRAME

Lot size

1.18 AC

Property size (Sq ft)

20,809 SF

Zone code

OC

Property type

Office properties

Property subtype

Office buildings

APN

6430409010

APU

6430409010

Description

This exceptional 1,134 square foot office space is situated within the 20,809 square foot, two-story, Class B "620 Southpointe" building located at 620 Southpointe Ct, Colorado Springs, CO 80906. Built in 1981, this single-building property offers a traditional office environment perfect for a variety of businesses. The available space presents a unique opportunity for immediate occupancy. The building's multiple tenancy structure ensures a diverse and vibrant professional community. The property features a total of 20,809 square feet, with 1,134 square feet currently vacant and ready for lease. Its convenient location in Colorado Springs provides easy access to major transportation routes and local amenities. The property's APN is 6430409010. This is an excellent opportunity to establish or expand your business in a well-maintained and established office building. The space is ready for immediate move-in, allowing for a quick and seamless transition. Inquire today to learn more about this prime office space opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $4,551,640

  6.5%

  $4,201,514

  7%

  $3,901,406

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,719,240

  Geo Method

  $1,719,240

• Alternative Use

  Use

  Valuation

  Residential

  $5,209,877

  Hospitality

  $4,772,220

  Educational

  $3,970,430

  Medical

  $4,106,980

  Retail

  $6,176,226

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.797

Longitude

-104.817

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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