Warehouse and Yard with Drive-In
For Sale
Contact for pricing
110-114 W Fountain Blvd, Colorado Springs, CO 80903
Mostly-fenced 14,000 SF lot with a 938 SF building, drive-in door, and curb cut on Fountain Blvd.
Property Size938 SF
Lot Size0.32 Acres
Price / SF$279.33
Days on Market75
Property Features for 110-114 W Fountain Blvd
General Information
Standard status
Active
Size
938 SF
Lot size
0.32 Acres
Property subtype
Industrial, Retail
Zoning
MX-M
Investment Type
Owner/User
Site & Location
Road Access
Yes
Fenced Yard
Yes
Additional Details
Opportunity Zone
Yes
Drive-In Doors
1
Amenities
shed
Building Details
Year Built
1980
Buildings
2
Stories
1
Units
2
Building Size
938 SF
Listing Agency:
Trent Properties Group
Listed By:
Amanda Luciano · License #CO FA.100049326
(719) 237-9425
Source:
Crexi
Added: Jul 2
Changed: Sep 13
Last Checked: Sep 14 at 6:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trent Properties Group
Investment Insights
Based on property information with market context.
This downtown warehouse and yard offering includes a mostly-fenced 14,000 SF lot plus a 938 SF building with a drive-in door and a bathroom. The property also includes a curb cut on Fountain Blvd and an additional shed, supporting day-to-day yard and storage use.
The site is located at 110-114 W Fountain Blvd, Colorado Springs, CO 80903. It is designated as an Opportunity Zone, Enterprise Zone, and Hub Zone. The property is zoned MX-M, which allows for a variety of uses.
The property can be combined with 114 W Fountain, which is also listed separately. That additional parcel includes a 3,000 SF warehouse building, providing a larger downtown warehouse and yard configuration.
The site is located at 110-114 W Fountain Blvd, Colorado Springs, CO 80903. It is designated as an Opportunity Zone, Enterprise Zone, and Hub Zone. The property is zoned MX-M, which allows for a variety of uses.
The property can be combined with 114 W Fountain, which is also listed separately. That additional parcel includes a 3,000 SF warehouse building, providing a larger downtown warehouse and yard configuration.
Key Highlights
- Mostly‑fenced 14,000 SF lot for warehouse and yard use
- 938 SF building with drive‑in door and bathroom
- Curb cut on Fountain Blvd plus additional shed
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,392
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$867,840
$867.8K
Cap Rate 7%
$619,886
$619.9K
Cap Rate 9%
$482,133
$482.1K
Market Conditions
NOI Build-Up for 3,938 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$53.4K $13.56/SF
− Vacancy
−$2.3K −$0.60/SF
EGI
$51.0K $12.96/SF
− OpEx
−$7.7K −$1.94/SF
NOI
$43.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$867,840
Cap Rate 7%
$619,886
Cap Rate 9%
$482,133
Alternative Uses
Best Use
Warehouse
$619.9K
$542.4K – $723.2K
NOI $43,392 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$777.7K
$680.5K – $907.3K
NOI $54,439 @ 7.0% cap · market cap 4.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,621
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80903, CO
15,944
Population
8,340
Households
1.9
Avg Household Size
34
Median Age
39%
College-Educated
95%
High-School Grad
5.4 sq mi
ZIP Area
2,953
Density / Sq Mi
$59,292
Median Household Income
$35,251
Median Earnings
$1,221
Median Rent
$420,000
Median Home Value
Market
Vacancy Rate% for Industrial in Colorado Springs, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Mostly-fenced 14,000 SF lot with a 938 SF building, drive-in door, and curb cut on Fountain Blvd.
Where is this warehouse located?
The property is located at 110-114 W Fountain Blvd Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Mostly‑fenced 14,000 SF lot for warehouse and yard use; 938 SF building with drive‑in door and bathroom; Curb cut on Fountain Blvd plus additional shed
