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4664 N Nevada Ave 1.61 Acres of Commercial Land in Colorado Springs, CO 80918

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Investment Highlights

Zoned for large mixed-use development, supporting high-density multifamily, retail, and commercial projects
Excellent visibility and access, ideal for gas, restaurant, or multifamily flagship projects

Redevelopment potential: 3–5 stories with city approval based on proposed use

Executive Summary

Located just off the highly trafficked Austin Bluffs and North Nevada intersection, the
site sits minutes from the University of Colorado Colorado Springs and University Village,
home to Costco, Trader Joe’s, Lowe’s, and other national retailers. Its visibility, access,
and scale make it an ideal flagship location for gas, restaurant, or multifamily developers
seeking to anchor the next phase of redevelopment in this corridor.

Offering Memorandum

Property Facts

Sale Type	Investment or Owner User	Proposed Use	Commercial Retail Mixed Use Multifamily Hospitality Apartment Units Auto Dealership Bank Carwash Community Centre Daycare Centre Department Store Fast Food General Freestanding Health Club Hold For Development Outlet Centre Self Storage Service Station Storefront Storefront, Retail or Office Storefront, Retail or Residential Strip Centre Supermarket Truck Stop
No. Lots	1	Total Lot Size	1.61 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial
Zoning	Mixed-Use Large - Large Mixed Use (high density)

Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Mixed Use Multifamily Hospitality Apartment Units Auto Dealership Bank Carwash Community Centre Daycare Centre Department Store Fast Food General Freestanding Health Club Hold For Development Outlet Centre Self Storage Service Station Storefront Storefront, Retail or Office Storefront, Retail or Residential Strip Centre Supermarket Truck Stop
Total Lot Size	1.61 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Mixed-Use Large - Large Mixed Use (high density)

1 Lot Available

Lot

Lot Size	1.61 AC

Lot Size	1.61 AC

Description

Zoned for large mixed-use, the property accommodates high-density multifamily, retail, and commercial development. With city approval based on proposed use, the site allows redevelopment ranging from 3 to 5 stories. Located just off the highly trafficked Austin Bluffs and North Nevada intersection, the site sits minutes from the University of Colorado Colorado Springs and University Village, home to Costco, Trader Joe’s, Lowe’s, and other national retailers. Its visibility, access, and scale make it an ideal flagship location for gas, restaurant, or multifamily developers seeking to anchor the next phase of redevelopment in this corridor. Contact Listing Broker for Pricing & Info: Jack Reilly

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