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    4795 Northpark Dr Colorado Springs, CO 80918

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    For Sale
    $3,500,000

    Fully leased warehouse property with I-25 access and recent upgrades.

    Lot size:
    1.52 Acres

    Property Features for 4795 Northpark Dr

    General Information

    Lot size
    1.52 Acres

    Building Details

    Year built
    1968

    Source: Trend Commercial Llc Agent Richard Kelly

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

    Overview

    Leased Warehouse Near I-25

    This multi-tenant Class B+ office/warehouse property is located in the Garden of the Gods area, one block from I-25. The total building size is 23,190 square feet. Suite 4703 comprises 7,502 square feet with a 50% office and 50% warehouse layout, while Suite 4755 offers 15,688 square feet with a 10% office and 90% warehouse configuration. The warehouse features an 18-foot clear height, dock doors, and ramp doors. A new roof was installed in 2022. The property has been 99% occupied for over 20 years. Additional features include a large breakroom and restrooms on both floors. The Net Operating Income (NOI) for 2024 is projected at $220,000, with a cap rate of 6%.
    Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Similar Places Nearby

    Public Storage, Vital Records Control, Federal Records Management, Johnson Storage & Moving, Security Van Lines

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.8259054
    Latitude
    38.9001064

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    FAQs

    What type of property is this?
    Warehouse - Fully leased warehouse property with I-25 access and recent upgrades.
    Where is this warehouse located?
    The property is located at 4795 Northpark Dr Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Fully Leased with $220,000 NOI (2024) and a 6% Cap Rate; - Great Access to I-25; - Complete New Roof in 2022
    (719) 632-1500
    Request Owner's contact information
    4795 Northpark Dr Colorado Springs, CO 80918
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    Colorado Springs, CO 80918
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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
    4795 Northpark Dr Colorado Springs, CO 80918
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