Colorado Springs · Commercial sale
Monument Property Partners buys 15060 Terrazzo Dr in Colorado Springs for $62.3 million
An auto service garage at 15060 Terrazzo Dr, Colorado Springs sold for $62,300,000 on July 31, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $62,300,000
- Sold
- July 31, 2026
- Property type
- Auto service garage
- Lot size
- 1,018,868 sq ft
- Year built
- 2023
An auto service garage at 15060 Terrazzo Dr in Colorado Springs sold for $62,300,000, a price 30% above its market value on record. The sale closed July 31, 2026, according to the El Paso County Assessor's sales records.
That market value on record stands at $47,804,996, the figure the sale price outran by 30%.
The record lists Monument Property Partners LLC as the buyer. The Assessor's records also show the property was built in 2023 and sits on a 23.39-acre lot.
What this sale costs to close
What does closing cost at this price? Under El Paso County custom the seller's larger charges are $125,825 for the owner's title insurance policy and $350 for the settlement / closing fee. The seller's estimated net is $61,992,849 before brokerage commissions and any loan payoff. A cash buyer would need about $62,125,694 at closing.
Source: El Paso County Assessor, weekly parcel data file, document 7135005002-20260731. Property details: El Paso County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
