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The CP-X505 offers a brightness of 3,500 ANSI lumens and a 1000:1 contrast ratio. Additionally, it displays images via a 1.2x zoom lens that can enable projection on screens up to 300 inches and are outfitted with a bayonet lens that can support up to four optional lenses for specific application needs based on the size and environment of a room. The CP-X505 also features horizontal and vertical lens shift.

The CP-X505 can also be remotely controlled and maintained through a LAN network connection, providing the ability to network, control and maintain the projectors remotely. The network functionality also makes it easy to control multiple projectors in different rooms and to monitor for functions such as remaining lamp life. The CP-X505 also boasts four 4Watt built-in speakers.