Industrial Warehouse with
For Sale
Contact for pricing
1435 Paonia St, Colorado Springs, CO 80915
Industrial property for sale with a warehouse and a stand-alone office plus expansive yard on industrial-zoned land.
Property Size5,524 SF
Price / SF$298.70
Days on Market57
Property Features for 1435 Paonia St
General Information
Standard status
Active
Size
5,524 SF
Property subtype
INDUSTRIAL
Additional Details
Outdoor Storage
Yes
Listing Agency:
NAI Highland, LLC
(719) 338-4555
Listed By:
Michael Suggs · License #FA.100088508
(719) 338-4555
Source:
Moodyscre
Added: Jun 5
Changed: Jul 28
Last Checked: Jul 30 at 9:01AM
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 NAI Highland, LLC
Investment Insights
Based on property information with market context.
1435 Paonia St offers an industrial warehouse combined with a stand-alone office building, all on industrial-zoned land. The warehouse is approximately +/- 4,000 square feet, supported by a separate office building of approximately 1,500+ square feet, along with expansive yard area intended to support industrial and service-oriented operations.
The property is located in Colorado Springs, Colorado, at 1435 Paonia St.
Overall, the layout provides separate work and office areas paired with outdoor space, supporting a range of industrial-oriented uses that benefit from both covered storage and flexible yard operations.
The property is located in Colorado Springs, Colorado, at 1435 Paonia St.
Overall, the layout provides separate work and office areas paired with outdoor space, supporting a range of industrial-oriented uses that benefit from both covered storage and flexible yard operations.
Key Highlights
- Functional warehouse plus stand‑alone office building on over 1 acre of industrial‑zoned land in Colorado Springs
- Approx. +/- 4,000 SF warehouse space
- 1,500+ SF stand‑alone office building
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $74.9k | $13.56 |
| − Vacancy | −$3.3k | −$0.60 |
| EGI | $71.6k | $12.96 |
| − OpEx | −$10.7k | −$1.94 |
| NOI | $60.9k | $11.02 |
5,524 SF · lease $13.56/SF/yr · vacancy 4.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$869.5K
$760.9K – $1.01M
NOI $60,868 @ 7.0% cap · market cap 3.69%
Second Best
Office B
$776.8K
$679.7K – $906.3K
NOI $54,377 @ 7.0% cap · market cap 3.30%
Theoretical Best
Specialty Retail
$1.09M
$954.6K – $1.27M
NOI $76,364 @ 7.0% cap · market cap 4.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
654
Businesses Nearby
Well-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
Market
Properties on Market for Warehouses in El Paso County
Vacancy Rate% for Office in Colorado Springs, CO
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial property for sale with a warehouse and a stand-alone office plus expansive yard on industrial-zoned land.
Where is this warehouse located?
The property is located at 1435 Paonia St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Functional warehouse plus stand‑alone office building on over 1 acre of industrial‑zoned land in Colorado Springs; Approx. +/- 4,000 SF warehouse space; 1,500+ SF stand‑alone office building