505 AcademyColorado Springs, CO 80909

  • Retail properties
  • 165,692 SF
Off market
$3,375,900 Estimated

Property Details for 505 Academy

Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
15.06 AC
Property size (Sq ft)
165,692 SF
Zone code
PBC P AO
Property type
Retail properties
Property subtype
Community centers
APN
6411302064
APU
6411302064

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $53,276,484
    6.5%
    $49,178,296
    7%
    $45,665,560
  • Comparable approach

    Method
    Valuation
    Relative Method
    $34,497,472
    Geo Method
    $34,497,472
  • Alternative Use

    Use
    Valuation
    Residential
    $41,483,732
    Hospitality
    $37,998,876
    Educational
    $31,614,618
    Medical
    $32,701,892
    Retail
    $49,178,296
505 Academy, Colorado Springs, Colorado

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.8415
Longitude
-104.756
CBSA code
17820
CBSA name
COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,929,770
  • Assessed land value
    $860,230
  • Assessed value
    $2,790,000
  • Tax year
    2023
  • Tax bill
    $152,403

Property Visit Statistics

  • Visits by month
    57.3k
  • Visitors by month
    43.3k
  • Avg Time on site
    15 min

FAQs

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