Property profile

715 S Circle Dr Colorado Springs, CO 80910

FOR SALE
Distribution centers
Property ID
US13-0333389
13,714 SF 0.69 ac lot Built 1972
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 14,000-square-foot flex space property, located at 715 S Circle Dr, Colorado Springs, CO 80910, presents a unique investment or occupancy opportunity. Situated on a sizable 30,014-square-foot lot in El Paso County, this single-building property boasts a versatile zoning designation encompassing Flex, Light Industrial, Retail, and Office uses. Built in 1972, the property currently features four individual suites, with a minimum divisible space of 5,000 square feet. This allows for flexibility in tenant occupancy, accommodating businesses of varying sizes. The property is undergoing major upgrades, enhancing its appeal and functionality. Large, open spaces are a key feature, providing ample room for diverse business needs. Tenants will also enjoy a beautiful view of the Valley Hi Golf Course. The property's convenient location offers easy access to I-25, just seven minutes away. Suites can be leased individually or combined to accommodate larger tenants. Furthermore, seller-carry financing options are available, making this an attractive proposition for qualified buyers. This property is ideal for businesses seeking a versatile and well-located space in a thriving Colorado Springs market.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1972
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,714 SF
Lot 0.69 ac (30,014 SF)
Zoning code PBC
APN 6421119010
UPID US13-0333389

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic Alternative Medicine Practice

Location

715 S Circle Dr Colorado Springs, CO 80910
Colorado Springs metro Census 5201 COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$450k

Owner & transaction history

since 2024
Last sale
$447,500
2 recorded transactions
2024
$447,500
2014
Price N/A

Zoning & alternative use

PBC · Colorado Springs, CO

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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