Office-Warehouse Flex
For Sale
$1,600,000
7302 Cole View, Colorado Springs, CO 80915
Commercial, Colorado Springs, CO
Property Size5,000 SF
Lot Size0.50 Acres
Price / SF$320
Days on Market177
Property Features for 7302 Cole View
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
16879
Building Details
Year built
2019
Listing Agency:
Blue Picket Realty
(719) 357-7653
Listed By:
Alberto Castro SRES
(719) 766-1663
Added: Apr 21
Changed: Aug 19
Last Checked: Oct 14 at 7:06PM
MLS# 5579690
Copyright © 2026 elevateMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2019, this flex property combines approximately 5,000 square feet of office and warehouse space in a practical two-part configuration. The office component includes a reception area, private offices, conference room, two restrooms, and a kitchen or break room with updated finishes. The warehouse and shop area provides room for operations, storage, or light industrial-type use and includes an additional restroom and shower.
A fenced outdoor yard extends the usable property area for equipment, materials, or secured storage. The address is 7302 Cole View in Colorado Springs, Colorado, within El Paso County and ZIP Code 80915. The layout is suited to contractors, service businesses, and owner-users seeking both customer-facing office space and dedicated operational area.
A fenced outdoor yard extends the usable property area for equipment, materials, or secured storage. The address is 7302 Cole View in Colorado Springs, Colorado, within El Paso County and ZIP Code 80915. The layout is suited to contractors, service businesses, and owner-users seeking both customer-facing office space and dedicated operational area.
Key Highlights
- Approximately 5,000 square feet divided between office and warehouse/shop areas
- 2,500 SF of finished office space with reception, private offices, conference room, two restrooms, and kitchen/break room
- 2,500 SF warehouse/shop area includes an additional restroom and shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,094
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,101,880
$1.1M
Cap Rate 7%
$787,057
$787.1K
Cap Rate 9%
$612,156
$612.2K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$67.8K $13.56/SF
− Vacancy
−$3.0K −$0.60/SF
EGI
$64.8K $12.96/SF
− OpEx
−$9.7K −$1.94/SF
NOI
$55.1K $11.02/SF
Area
Colorado Springs, CO
Vacancy
4.40%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,101,880
Cap Rate 7%
$787,057
Cap Rate 9%
$612,156
Alternative Uses
Best Use
Warehouse
$787.1K
$688.7K – $918.2K
NOI $55,094 @ 7.0% cap · market cap 3.44%
Second Best
Office B
$703.1K
$615.2K – $820.3K
NOI $49,219 @ 7.0% cap · market cap 3.08%
Theoretical Best
Specialty Retail
$987.4K
$864.0K – $1.15M
NOI $69,120 @ 7.0% cap · market cap 4.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80915, CO
22,548
Population
9,434
Households
2.4
Avg Household Size
35
Median Age
25%
College-Educated
94%
High-School Grad
7.9 sq mi
ZIP Area
2,854
Density / Sq Mi
$67,761
Median Household Income
$38,968
Median Earnings
$1,424
Median Rent
$328,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Colorado Springs, CO
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Frequently Asked Questions
What type of property is this?
Flex space - Professional office finishes pair with a warehouse shop and fenced outdoor yard for business operations and secure storage.
Where is this flex space located?
The property is located at 7302 Cole View Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Approximately 5,000 square feet divided between office and warehouse/shop areas; 2,500 SF of finished office space with reception, private offices, conference room, two restrooms, and kitchen/break room; 2,500 SF warehouse/shop area includes an additional restroom and shower
