Powers Blvd Commercial
For Sale
Contact for pricing
1480 Ainsworth St, Colorado Springs, CO 80915
High-visibility commercial property on Powers Blvd, Colorado Springs.
Property Size5,100 SF
Price / SF$489.22
Days on Market169
Property Features for 1480 Ainsworth St
General Information
Standard status
Active
Size
5,100 SF
Property subtype
Retail, Industrial, Special Purpose
Zoning
CC CAD-O
Building Details
Year Built
2007
Buildings
1
Listing Agency:
NavPoint Real Estate Group
(719) 227-9987
Listed By:
Renee Newland · License #100087159
Source:
Crexi
Added: Feb 23
Changed: Aug 8
Last Checked: Aug 11 at 11:10AM
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 NavPoint Real Estate Group
Investment Insights
Based on property information with market context.
Located along Powers Blvd, a busy commercial corridor in Colorado Springs, the property at 1480 Ainsworth St presents an opportunity for owner-users, investors, or automotive operators. Currently operating as a car dealership, the property is suited to continue that use. Its open floorplan, warehouse functionality, and zoning also allow for various commercial or industrial applications. The building features three 14-inch overhead doors, a 21-inch ceiling height, and an open layout with floor-to-ceiling windows, providing natural light and showroom presence. Direct access from Powers Blvd ensures customer and logistics flow. The property size is 5,100 square feet.
Key Highlights
- Prime location on Powers Blvd offers maximum visibility and accessibility.
- Ideal for continued automotive use as a successful car dealership.
- Favorable zoning allows for a wide variety of alternative commercial or industrial applications.
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
$70,502
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
2.83%
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%
$1,410,040
$1.4M
Cap Rate 7%
$1,007,171
$1.0M
Cap Rate 9%
$783,356
$783.4K
Market Conditions
NOI Build-Up for 5,100 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
$97.9K $19.20/SF
− Vacancy
−$3.9K −$0.77/SF
EGI
$94.0K $18.43/SF
− OpEx
−$23.5K −$4.61/SF
NOI
$70.5K $13.82/SF
Area
Colorado Springs, CO
Vacancy
4.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
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%
$1,410,040
Cap Rate 7%
$1,007,171
Cap Rate 9%
$783,356
Alternative Uses
Best Use
Specialty Retail
$1.01M
$881.3K – $1.18M
NOI $70,502 @ 7.0% cap · market cap 2.83%
Second Best
Retail
$876.7K
$767.1K – $1.02M
NOI $61,368 @ 7.0% cap · market cap 2.46%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
649
Businesses Nearby
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
Vacancy Rate% for Industrial in Colorado Springs, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Car wash - High-visibility commercial property on Powers Blvd, Colorado Springs.
Where is this car wash located?
The property is located at 1480 Ainsworth St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Prime location on Powers Blvd offers maximum visibility and accessibility.; Ideal for continued automotive use as a successful car dealership.; Favorable zoning allows for a wide variety of alternative commercial or industrial applications.
