Fenced Industrial Storage
For Sale
Contact for pricing
19825 Wigwam Rd, Fountain, CO 80817
Fenced, surface-lot storage with direct I-25 exposure and quick access to north/southbound traffic.
Property Size24,544 SF
Lot Size9.00 Acres
Price / SF$121.01
Days on Market127
Property Features for 19825 Wigwam Rd
General Information
Standard status
Active
Size
24,544 SF
Lot size
9.00 Acres
Property subtype
INDUSTRIAL
Lease Type
NNN
Site & Location
Traffic Count
42,000 vehicles/day
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Amenities
fenced lot
surface lot
Listing Agency:
Colliers - Denver
(303) 283-4578
Listed By:
Steve Serenyi · License #FA.040016442
Source:
Moodyscre
Added: Apr 8
Changed: Aug 11
Last Checked: Aug 11 at 12:42AM
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 Colliers - Denver
Investment Insights
Based on property information with market context.
This property offers fenced, surface-lot industrial storage on 9 acres, with pricing listed on a per-square-foot NNN basis for the entire building. An additional 21 acres are available for expanded outside storage at a negotiable price, and up to 50 acres to the north may be available as well. The offering is also described as potentially including seller financing.
The site has direct exposure on I-25 and is reported at 42,000 VPD (2023 CDOT). Quick highway access is noted as approximately within ±600 feet of the property line to I-25 north and southbound.
Favorable regional positioning is noted as 23 miles south of central Colorado Springs and 21 miles north of central Pueblo.
The site has direct exposure on I-25 and is reported at 42,000 VPD (2023 CDOT). Quick highway access is noted as approximately within ±600 feet of the property line to I-25 north and southbound.
Favorable regional positioning is noted as 23 miles south of central Colorado Springs and 21 miles north of central Pueblo.
Key Highlights
- $8.95/SF NNN for the entire building on 9 acres of fenced, surface‑lot space
- Direct exposure on I‑25 with 42,000 VPD recorded in 2023 (CDOT)
- Quick access to I‑25 north/southbound traffic—about 600 ft from the property line
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
$230,957
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
7.78%
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%
$4,619,140
$4.6M
Cap Rate 7%
$3,299,386
$3.3M
Cap Rate 9%
$2,566,189
$2.6M
Market Conditions
NOI Build-Up for 24,544 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
$284.2K $11.58/SF
− Vacancy
−$12.5K −$0.51/SF
EGI
$271.7K $11.07/SF
− OpEx
−$40.8K −$1.66/SF
NOI
$231.0K $9.41/SF
Area
El Paso County, CO
Vacancy
4.40%
Lease Rate
$11.58 /SF/Yr
Expense Ratio
15.00%
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%
$4,619,140
Cap Rate 7%
$3,299,386
Cap Rate 9%
$2,566,189
Alternative Uses
Best Use
Warehouse
$3.30M
$2.89M – $3.85M
NOI $230,957 @ 7.0% cap · market cap 7.78%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$327.29M
$286.38M – $381.84M
NOI $22,910,103 @ 7.0% cap · market cap 771.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
42,000 VPD
Traffic count
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80817, CO
31,621
Population
11,649
Households
2.7
Avg Household Size
31
Median Age
32%
College-Educated
95%
High-School Grad
115.1 sq mi
ZIP Area
275
Density / Sq Mi
$85,121
Median Household Income
$50,434
Median Earnings
$1,758
Median Rent
$377,300
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Warehouse - Fenced, surface-lot storage with direct I-25 exposure and quick access to north/southbound traffic.
Where is this warehouse located?
The property is located at 19825 Wigwam Rd Fountain, CO.
What is the asking price?
The asking price for this property is $2,970,000.
What are key features of this property?
This property features: $8.95/SF NNN for the entire building on 9 acres of fenced, surface‑lot space; Direct exposure on I‑25 with 42,000 VPD recorded in 2023 (CDOT); Quick access to I‑25 north/southbound traffic—about 600 ft from the property line
