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    1620 Paonia St Colorado Springs, CO 80915

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    For Sale
    $3,200,000

    25,575 SF industrial building suitable for various operations.

    Property size:
    25,575 SF
    Lot size:
    1.86 Acres

    Property Features for 1620 Paonia St

    General Information

    Size
    25,575 SF
    Lot size
    1.86 Acres

    Source: Cushman & Wakefield | Colorado Springs Commercial Agent Max Stanton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Property Near Platte Avenue

    This industrial property, situated near the intersection of Platte Avenue and Powers Boulevard, presents an opportunity for owner-users in Colorado Springs' active industrial corridor. The building encompasses approximately 25,575 square feet and features seven dock-high doors and two drive-in doors. The interior clear height is 16 feet, making it suitable for distribution, manufacturing, or service-based operations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ardako Cabinet Maker DMS Custom Countertop Store

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.7165583
    Latitude
    38.8553043

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    FAQs

    What type of property is this?
    Manufacturing property - 25,575 SF industrial building suitable for various operations.
    Where is this manufacturing property located?
    The property is located at 1620 Paonia St Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: - Prime location near Platte Avenue and Powers Boulevard in a highly active industrial corridor.; - Versatile industrial property suitable for distribution, manufacturing, or service-based operations.; - Substantial 25,575 SF building size.
    (719) 418-4075
    Request Owner's contact information
    1620 Paonia St Colorado Springs, CO 80915
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    Colorado Springs, CO 80915
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1620 Paonia St Colorado Springs, CO 80915
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