7450 Idaho LnColorado Springs, CO 80923

For Sale
$790,000

Multi-tenant retail property, redevelopment potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional commercial investment opportunity presents a 1.84-acre parcel located at 7450 Idaho Ln, Colorado Springs, CO 80923. The property boasts a total of 1,592 square feet of retail space spread across three single-story buildings, built in 1969. Priced at $790,000, this translates to a price per square foot of $9.86. The land itself is valued at $429,348 per acre. The property is zoned RR-5, offering significant redevelopment potential for investors, residential land developers, apartment developers, homebuilders, and small commercial users. This prime location presents a unique chance to capitalize on the area's growth trajectory. The property's tax schedule number is 53080-00-125. With its multi-tenant configuration and substantial land area, this property is well-suited for a variety of uses and presents a compelling investment opportunity in a thriving Colorado Springs market. The property is situated in El Paso County and offers a rare chance to acquire a well-positioned asset with significant upside potential. This is a truly unique opportunity to acquire a piece of Colorado Springs' future.

Highlights

  • RR-5 Zoning.
  • Tax ID: 53080-00-125.
  • Redevelopment opportunity in a high-growth area.
  • Excellent investment for residential developers, multifamily developers, homebuilders, and small commercial users.

Property Details for 7450 Idaho Ln

Property type
Other retail properties, Other land
Square Feet
1,592 SF
Year Built
1969
Buildings
3
Stories
1
Lot Size (sq. ft)
80,150 SF

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.9405288
Longitude
-104.6962049
7450 Idaho Ln, Colorado Springs, Colorado

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7450 Idaho Ln
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