101 Sundial DrWoodland Park, CO 80863

Property Details for 101 Sundial Dr

Lot size

2.73 AC

Zone code

WP

Property type

Commercial real estate

APN

6031.304010020

APU

6031304010020

Description

This exceptional 1,810-square-foot Class A medical office condo is available for sale at $515,000. Located at 101 Sundial Drive, Unit A, in Woodland Park, Colorado, this vacant property boasts a prime location with easy Highway 24 access and high visibility. Built in 2004, the single-building property sits on a 0.01-acre lot and is zoned NC, Woodland Park. Previously configured as a dental office, this turnkey space features high-quality finishes and is adaptable to various medical or office uses. Ample parking is provided with a 1.43 spaces per 1,000 square feet ratio. The property is situated in a thriving community near other businesses and major retailers, offering a strong demographic profile and convenient access for clients and staff. The Net Rentable area is 1,810 square feet, and the lease type is NNN. This represents a significant investment opportunity in a growing market, combining excellent location, flexible usage, and a turnkey setup. The property is for sale by owner.

• CAP approach

  CAP return

  Valuation

  6%

  $29,436,700

  6.5%

  $27,172,400

  7%

  $25,231,500

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,810,710

  Geo Method

  $9,810,710

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $54,426,800

  Retail / Commercial

  $27,727,600

  Mixed-Use / Specialty

  $27,485,200

  Hospitality / Lodging

  $19,978,100

  Office

  $27,172,400

  Institutional / Educational

  $28,522,200

  Residential Income

  $33,371,000

  Multifamily

  $40,819,200

  Automotive / Energy

  $24,447,600

  Parking / Income-Based Land

  $8,578,400

  Restaurant / Food Service

  $13,988,900

  Healthcare / Senior Housing

  $28,332,800

Location Insight

City

Woodland Park

County

Teller

State

Colorado

Latitude

38.9727

Longitude

-105.036

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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